Az Refinance News
Posted on May 14th, 2010 by admin
Mortgage News
The latest Realty/Trac Metropolitan Foreclosure Market Report has been released and the news is not good for 4 states.
California, Florida, Nevada, and Arizona each had at least one metropolitan area with a population of 200,000 at the top of the 206 city list with California accounting for ten positions, Florida seven, Nevada two and Arizona one. However, 14 of the top 20 areas and eight of the top ten reported a decrease in foreclosure activity from the same quarter in 2009. At the same time, activity increased over the last year in 159 of the metropolitan areas tracked by the survey and nationwide activity increased by 16 percent.
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