Tuesday, October 7, 2008

Week of foreclosure notices sets record

"One dreary week in September set a new record for foreclosure notices in Maricopa County, with 2,210 notices outpacing sales in a three-county region, according to a Mesa data company.

'It was a record buster,' said analyst Zach Bowers of Ion Data in Mesa, which tracks the notices.

'We've been averaging 1,700 to 1,800, and that (week) just kind of caught us off guard,' he said."

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Week of foreclosure notices sets record

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