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May 10, 2012 at 16:01 PM EDT
Florida mortgage delinquency rate twice Arizona’s
From azcentral, “Arizona’s mortgage improvement fastest in U.S.” Delinquency leaders States with highest rates of past-due mortgages at end of March. 1. Florida, 13.87 percent. 2. Nevada, 11.16 percent. 3. New Jersey, 8.31 percent. 4. Maryland, 7.11 percent. 5. Arizona, 6.86 percent. Source: TransUnion Arizona has been the fastest state to work through it’s foreclosures. [...]

From azcentral, “Arizona’s mortgage improvement fastest in U.S.”

Delinquency leaders

States with highest rates of past-due mortgages at end of March.

1. Florida, 13.87 percent.

2. Nevada, 11.16 percent.

3. New Jersey, 8.31 percent.

4. Maryland, 7.11 percent.

5. Arizona, 6.86 percent.

Source: TransUnion

Arizona has been the fastest state to work through it’s foreclosures. Arizona has gone through the pain and is now healing. Many states like Florida have postponed the pain and have a lot of it remaining in front of them.

RELATED:

Why Arizona real estate will recover more quickly

Arizona has fewest Months Inventory of Foreclosures (video)

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