from Realtytrac, the foreclosure rate based on new filings during the month of August and expressed as a ratio of the housing market in each area;
USA – 1 in 570 homes
(that’s 1 foreclosure filing in August for every 570 homes)
AZ – 1 in 248
Pima County - 1 in 349
Tucson, AZ – 1 in 369
Tucson Foothills (85718) – 1 in 964
(85750) – 1 in 825
the Northeast (85749) – 1 in 665
the Northwest
(85741) – 1 in 286
(85742) – 1 in 385
(85743) – 1 in 239
(85704) – 1 in 956
(85739) – 1 in 369
(85755) – no data, darn it
Marana, AZ – 1 in 181
and From CNNMoney.com
Foreclosures rise in August
The increase in default notices may signal that lenders are starting to finally push through foreclosure paperwork that was previously delayed by the "robo-signing" controversy last fall, said RealtyTrac CEO James Saccacio.
"It also foreshadows more bank repossessions in the coming months as these new foreclosures make their way through the process," he said in a release.
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