Friday, April 6, 2012

Pima County foreclosures: Notices double the rate of sales

Home foreclosure filings in Pima County outpaced foreclosure sales during the first quarter by nearly a 2-1 ratio, keeping optimism in check for the new construction industry.
Year-to-date, 2,527 trustee’s sale notices have been issued compared to 1,342 foreclosure sales. Although the pace of notices has slowed moderately, down 5.9 percent year over year, sales have plunged 34.6 percent during the same period.

Read the rest of the article at Inside Tucson Business

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