Foreclosure filings drop in the Valley

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April 14, 2011
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A California group called ForeclosureRadar .com is tracking Arizona's housing market. According to its data, foreclosure filings in Tucson fell 43 percent in March from February's level. ForeclosureRadar filings include both notice-of-trustee sales and trustee sales.Sean O'Toole, chief executive of ForeclosureRadar, said the one thing clear about foreclosures now is that there's "no consensus on a viable solution (to help homeowners) other than to eliminate the excess mortgage debt that has left millions underwater and continues to hinder the broader economy."

Written by:
Written on:
April 14, 2011
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