It's Official Folks - Foreclosure Filings Are Dropping

chicken littleYou've heard the speculation for months now, it's all over the news.  It almost sounds like Chicken Little and his famous last words: "The Sky Is Falling! The Sky Is Falling!"

Well in this case, the sky isn't falling but the Metro dropping foreclosure ratesPhoenix foreclosure activity rate is. Arizona sources are now reporting March activity which shows that the number of pre-foreclosures fell almost to the same level of foreclosures.  Sources are also showing that new foreclosure filings have fallen over the last several months.

You can read the entire article on the Arizona Central website.

What does this mean for home buyers and sellers in Phoenix, Arizona?  The information is all pointing to fewer people losing their homes or choosing to walk away from them.  Signs that the world may be turning back around and facing forward again!  Let's continue to hope.

In the meantime,
if you are having a difficult time maintaining your mortgage payments, or need someone who can tell you your options, give me a call.  Let me show you why MY experience isn't expensive...it's priceless!

~Tonia