"Though the pain of home foreclosures continues to spread through the West Valley's newer suburbs where speculative building was most common, the damage also is spreading to cities with more established housing markets, the latest statistics show.
In theory, rising foreclosures should be most prevalent in areas where the peak of development and sales activity was most recent. That holds true, according to a Republic analysis of foreclosure data from Information Market.
Waddell, Tolleson, Morristown, Litchfield Park, Glendale and Buckeye were hit the hardest with new foreclosures in the first half of 2008."
Click below to read more...
Foreclosure pain spreads in W. Valley
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment