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Arizona foreclosures drop, still No. 2

Stress Map Sun Belt Sunset

Fewer homeowners were mired in the foreclosure process last month but Arizona still posted the second-highest foreclosure activity rate in the nation. The state posted a 19 percent drop in homes being repossessed or receiving foreclosure filings in July from July 2011. Data released Thursday by foreclosure tracking firm RealtyTrac shows lenders actually repossessed more… Read More →