"More than 40,000 Valley homeowners have lost their homes to foreclosure in the past 18 months.
A combination of factors led to the surge. Adjustable-rate mortgages have reset to higher interest rates. Investors have walked away from bad purchases. Job losses are mounting.
Today, The Arizona Republic offers new views of the problem plaguing the Valley's housing market, with an analysis of these foreclosures."
Click below to read more...
How foreclosures have swept the Valley
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