Foreclosures on the Rise in a Few Pockets...AZ???

[Bevla Reeves]

I thought foreclosures were way down and would be for awhile in my state of Arizona!

I was surprised to read this today...up 76%??!  Is your state on the list?

Thirteen states posted a year-over-year increase in foreclosure starts in July, according to new foreclosure data released by ATTOM Data Solutions. Those states seeing an increase include:

• Delaware: foreclosure starts jumped 113%
• Arizona: +76%
• Utah: +63%
• Connecticut: +50%
• Oregon: +20%
• South Carolina: +3%
• Massachusetts: +3%
• Virginia: +3%

Of the 1,713 counties analyzed with foreclosure starts in July, 36 percent posted year-over-year increases, including Maricopa County (up 43 percent); Prince George’s County, Md. (up 33 percent); Baltimore City, Maryland (up 11 percent); Cuyahoga County, Ohio (up 3 percent); and Broward County, Fla. (up 2 percent).

In July, the metros with populations of at least 200,000 that had the highest overall foreclosure rate were:

• Atlantic City, N.J.: 1 in every 232 housing units with a foreclosure filing)
• Trenton, N.J.: 1 in every 515
• Lakeland-Winter Haven, Fla.: 1 in every 565
• Deltona-Daytona Beach-Ormond Beach, Fla.: 1 in every 568
• Tampa-St. Petersburg-Clearwater, Fla.: 1 in every 698

Nationally, one in every 1,540 housing units received a foreclosure filing in July.