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Phoenix real estate bust – Factoid
Since 2008, over 14 percent of the single-family homes in Maricopa County have been foreclosed. And to get an idea of how foreclosures have hit different areas of metro Phoenix differently, “For 2011, over 3 percent of the single-family homes in the county were foreclosed, with it being 6 percent in Maryvale, 2 percent in [...]

Since 2008, over 14 percent of the single-family homes in Maricopa County have been foreclosed.

And to get an idea of how foreclosures have hit different areas of metro Phoenix differently, β€œFor 2011, over 3 percent of the single-family homes in the county were foreclosed, with it being 6 percent in Maryvale, 2 percent in North Scottsdale, and 3 percent in the Gilbert area.”

Source: ASU WP Carey Real Estate – December 2011. http://wpcarey.asu.edu/finance/real-estate/upload/Press-Release-December-2011-resale-homes.doc.

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