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AWESOME NEWS FOR THE TUCSON REAL ESTATE MARKET: Tucson Foreclosures Back To Normal Levels

Looks as though the foreclosure crisis is finally coming to an end in Tucson, Arizona.  Tucson Foreclosures have dropped back to levels before the housing bubble in 2007.

As you can see from the charts below we are back to normal ranges as to foreclosures in Tucson.

Trustees sale notices are back in the high 200’s range per month while actual homes sold at foreclosure are in the high 100’s.  This is great news for the Tucson housing market.

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As for the 1st quarter of 2015, on average there have been 298 trustee sale notices issued per month in Tucson, AZ.

tucson foreclosure filings

As for the 1st quarter of 2015, on average there have been 169 homes sold at foreclosure per month in Tucson, AZ.

tucson homes sold at foreclosure

The chart below illustrates what the Tucson foreclosure trend looks like over the past 10 years.

tucson foreclosed homes

 

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