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Millionaire Now! by Larry NusbaumThis blog is based on the organizational principles found in my new book, "Millionaire Now! - A Financial Toolbox with Seven Steps to Wealth". |
Arizona Avoids Southwest's Big Foreclosure Jump
Posted on 01/10/2007 07:27 AM | Link | Post Comment
Arizona avoids Southwest's big foreclosure jump from the Phoenix Business Journal,
reports that while the Southwest led the U.S. in foreclosures for 2006, Arizona had only a minimal contribution to the upswing, according to figures released yesterday by Foreclosures.com, a California-based real estate investment advisory firm. California, Texas and Colorado were among the states with the most foreclosures. California led the nation with 157,417 foreclosure filings, up 94.3 percent from 2005. Colorado saw filings rise 55.4 percent to 68,310. Texas rose 35.2 percent to 106,845 foreclosure filings. Nevada saw a huge increase of 174.8 percent to 24,194 foreclosure filings in 2006. In Clark County alone (Las Vegas), there were 7,000 foreclosure filings in the last three months of 2006. In contrast, Arizona foreclosure filings rose just 8.2 percent to 21,774 filings in 2006, up from 20,117 in 2005. Nationally, there were 970,948 foreclosure filings in 2006, up more than 51 percent from the 641,000 in 2005
reports that while the Southwest led the U.S. in foreclosures for 2006, Arizona had only a minimal contribution to the upswing, according to figures released yesterday by Foreclosures.com, a California-based real estate investment advisory firm. California, Texas and Colorado were among the states with the most foreclosures. California led the nation with 157,417 foreclosure filings, up 94.3 percent from 2005. Colorado saw filings rise 55.4 percent to 68,310. Texas rose 35.2 percent to 106,845 foreclosure filings. Nevada saw a huge increase of 174.8 percent to 24,194 foreclosure filings in 2006. In Clark County alone (Las Vegas), there were 7,000 foreclosure filings in the last three months of 2006. In contrast, Arizona foreclosure filings rose just 8.2 percent to 21,774 filings in 2006, up from 20,117 in 2005. Nationally, there were 970,948 foreclosure filings in 2006, up more than 51 percent from the 641,000 in 2005
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