Foreclosure Inventory Drops In Arizona As Economy Improves

Foreclosure Inventory Drops In Arizona As Economy Improves

Good news for the Arizona real estate market! Only .4% of all homeowners in Arizona are in foreclosure.

We are heading into 2016 with the lowest foreclosure inventory in 8 years thanks to escalating home values and progressive improvement in the U.S. economy.

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Some Highlights:

  • Foreclosure Inventory has dropped year-over-year for the last 4 years (48 months).
  • Only 3.4% of US homes are in serious delinquency.
  • 29 states have a foreclosure inventory rate lower than the national average.
  • For more information, you can download the full report here

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