Home : Blogs : Andrew Monaghan CRS, GRI, EPro Associate Broker : Andrew's Blog

Mortgage Delinquency rates up in Phoenix

According to the Arizona Republic on Saturday 9.6, Mortgage delinquencies in Arizona had climbed to 6.05 percent at the end of the second quarter up from 5.35 % in the first, the bad news is that the tide of foreclosures is on the way up not down and there is a lot more pain to come, the good news is that homes are more affordable then ever, interest rates are still down and you can buy a nice home for less than renting.

Be careful what and where you buy but buy all the same,

http://twitter.com/andrew_monaghan

Posted by Andrew Monaghan CRS, GRI, EPro Associate Broker on 09/07/2008 02:48 AM

Comments (0)

Arizona Real Estete in the ActiveRain Channel

reo auctions, reo sales, the moanghan group, themoanghangroupcom

This post has been included in Arizona Information Maricopa County, AZ Information
Post is included in group: Arizona Real Estate
Post is included in group: Arizona Realestate and other things
Post is included in group: Keller Williams Arizona
Post is included in group: Metro Phoenix Active Rainers
Post is included in group: REO

0 Comments on Mortgage Delinquency rates up in Phoenix

Leave a response…

Name:

Email:
(optional)

Comment:

What does the graphic say?