Phoenix Area Foreclosure Comparision

by benjaminteam on May 2, 2009

People ask “how does the number of foreclosures compare with past years”?
This will show how the current numbers stack up.

Trustee sale notices –

2003 – 16,081
2004 – 14,316
2005 – 9,815
2006 – 11,355
2007 – 30,166
2008 – 79,191
2009  – 41,537 so far (up through March 2009)

While there are some good opportunities for buyers, there are also many challenges for the consumer who wants to buy a foreclosed property. When there are banks involved as the seller, there are a whole range of additional issues that have to be addressed and dealt with.

If you are looking for a foreclosed home, call us, we are experienced and can help you – 480-201-3001.

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