(Phoenix) Maricopa County shows foreclosure rise

[UpInArms]

http://phoenix.bizjournals.com/phoenix/stories/2005/04/25/daily6.html?jst=b_ln_hl

Home foreclosures increased in Maricopa County last month, Foreclosures.com reported Monday.

Foreclosures increased to 1,020 filings in March, up 10 percent from 925 in February. And according to Foreclosures.com, 200 homes were actually sold at trustee sale auctions in March.

"Unlike California, where we expect price corrections in several markets, we think the Phoenix market will remain strong, but that a period of consolidation lies ahead," said Alexis McGee, Foreclosures.com president. She said that, with 25 percent or more of new homes being sold to out-of-state investors who never intend to occupy the properties, the market is slightly distorted on the upside.

...more...

[elehhhhna]

1. ...and murder, suicide, armed robbery, family violence, drug/alcohol

abuse, etc.

IT'S Stupid's ECONOMNY, Stoopids!

[alcibiades_mystery]

2. Don't worry: that fuckstick Sheriff Joe has plenty of tents in his "jail"

Sooner or later, every GOPer gets to eat his or her own hate.