Foreclosure Filings Lowest Since July 2008

The foreclosure filings in the Phoenix and Scottsdale Arizona areas are the lowest they have been since July 2008. The Arizona Republic is reporting that in May 2010 there was a total of 6,471 new pre-foreclosure, or notice of trustee sales, filed in the metro Phoenix AZ area. In addition to this, there were only 4,090 actual Phoenix Foreclosures. This is the lowest number since November 2009.

Feel free to contact me  with any questions you might have about purchasing a luxury home in Desert Mountain. I am always happy to review the current market conditions with you to ensure that you will find the best home for the best possible price.