Prescott Arizona Area Foreclosure News

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The Mortgage Bankers Assocation reported yesterday that Arizona residential deliquencies rose to 9.22 percent of homes in Arizona and foreclosures were started on an additional 2.52 percent of AZ mortgages bringing the total to 5.56 per cent of all homes in foreclosure.
“It is difficult to overstate the severe impact home-price declines have had on mortgage [...]

 Just like the previous week, twenty new foreclosed or short sale homes came on the market last week, about one in every 5 homes being listed in the Prescott Arizona Area MLS system.   5/20 are short sale listings (see yellow highlight).
Is there a flood of foreclosures ready to hit the market? 
See:  Banks to unleash a phantom inventory [...]

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Social Distortion – Ring Of Fire – 90 BPM – Great cover of Ring of Fire…upbeat good running song ♫ http://blip.fm/~6mq2e #
Jan Driver – Kardamoon – 126 BPM – Good warmup song…interesting Arab feel ♫ http://blip.fm/~6ue4u [...]

Many lenders, real estate agents, and home builders applauded when HUD said it would let banks and local governments offer short-term “bridge loans” to cover the down payment for first-time buyers eligible for the tax credit. The loans would have been available to applicants for federally insured mortgages such as Federal Housing Administration loans. 
See:  Home [...]

 Twenty new foreclosed or short sale homes came on the market last week, about one in every 4 homes being listed in the Prescott Arizona Area MLS system.   6/20 are short sale listings (see yellow highlight).
Want to see what the latest sales figures are for the Prescott Az area foreclosure market?  
See: Prescott area REO and short sale [...]

@GET_ENGAGED > Looking for Prescott AZ property deals? Search for Prescott Area Foreclosures > http://tinyurl.com/qb3wnh in reply to GET_ENGAGED #