Foreclosures on the Rise in a Few Pockets...AZ???
I thought foreclosures were way down and would be for awhile in my state of Arizona!
I was surprised to read this today...up 76%??! Is your state on the list?
Thirteen states posted a year-over-year increase in foreclosure starts in July, according to new foreclosure data released by ATTOM Data Solutions. Those states seeing an increase include:
- Delaware: foreclosure starts jumped 113%
- Arizona: +76%
- Utah: +63%
- Connecticut: +50%
- Oregon: +20%
- South Carolina: +3%
- Massachusetts: +3%
- Virginia: +3%
Of the 1,713 counties analyzed with foreclosure starts in July, 36 percent posted year-over-year increases, including Maricopa County (up 43 percent); Prince George’s County, Md. (up 33 percent); Baltimore City, Maryland (up 11 percent); Cuyahoga County, Ohio (up 3 percent); and Broward County, Fla. (up 2 percent).
In July, the metros with populations of at least 200,000 that had the highest overall foreclosure rate were:
- Atlantic City, N.J.: 1 in every 232 housing units with a foreclosure filing)
- Trenton, N.J.: 1 in every 515
- Lakeland-Winter Haven, Fla.: 1 in every 565
- Deltona-Daytona Beach-Ormond Beach, Fla.: 1 in every 568
- Tampa-St. Petersburg-Clearwater, Fla.: 1 in every 698
Nationally, one in every 1,540 housing units received a foreclosure filing in July.