Arizona posts third-highest foreclosure rate
• East Valley Tribune
Arizona had the third-highest foreclosure rate last month with one in every 135 housing units receiving a foreclosure filing, according to the latest market report from RealtyTrac, an online marketplace for foreclosure properties.
Foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 19,694 properties statewide, up 17 percent from June and 47.5 percent from July 2008.
