Tucson Foreclosures Up 63% For 2008

By Vallee Gold Team • March 12th, 2009

If you listen to the media you would think real estate has come to a complete halt. If you believe everythng you hear then you will miss on on the Best Buying oportunity in history. Real Estate is at bargain prices! Think for yourself…

Tucson’s foreclosure rate is 2.2 percent of all homes with mortgages, putting the region at No. 37 in the country. The rate of foreclosures in the Tucson is up 63% for 2008 and Phoenix area is up 171 percent from 2008 according to RealtyTrac.

RealtyTrac just released the nation’s leading cities in number of foreclosures:

  1. Las Vegas, NV (28,909)
  2. Phoenix, AZ (17,754)
  3. Chicago, IL (15,584)
  4. Sacramento, CA (8,534)
  5. Los Angeles, CA (7,667)
  1. San Diego, CA (6,883)
  2. Tampa, FL (6,689)
  3. North Las Vegas, NV (6,256)
  4. Bakersfield, CA (6,230)
  5. Miami, FL (6,193)
  1. Indianapolis, IN (6,057)
  2. Cape Coral, FL (5,752)
  3. Stockton, CA (5,409)
  4. San Jose, CA (5,385)
  5. Orlando, FL (5,374)

    6. We have seen the quarter turn…just this morning “Good Morning America” is reporting great news…a great time for investors to enter the market…Yeah! Finally…it just takes some positive news to get the grid moving!

    As “Certified Distressed Property Experts, CDPE” we have the knowledge, experience, and techniques to help you become successfull with your real estate investments.  There is no better time than right now to take control of your financial freedom…you’re in control not wall street!
    Email us for a copy of “10 Deadly Mistakes Buyers Make”  or call with any questions or to take action on buying a property in Tucson. 
    Don & Kathy Vallee full-time RE/MAX All Executives REALTORS, 520-219-1024.
    www.TucsonValley.com
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