Mar  08
13

Phoenix West Valley hit hardest by foreclosures



New-home communities in the West Valley that led the local housing boom for sales are now plagued with the Valley’s highest foreclosure rates.

Eight of metro Phoenix’s top 10 areas for foreclosure rates are on the Valley’s west side, according to an Arizona Republic analysis of data for the past 13 months from the Information Market.

Tolleson topped the list, with 66 foreclosure notices for every 1,000 residents.

Last month, 2,250 homes in the Valley were foreclosed on. That is 200 more than in January. A year ago, there were only 365 foreclosures in metro Phoenix.
 

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West Valley hit hardest by foreclosures

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