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IPFS News Link • Housing

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.

 

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