Foreclosures Are Back in Phoenix?! What You NEED to Know | Living Life In Arizona

Are you thinking about moving to Phoenix Arizona? Foreclosures are popping back up, and it’s raising some eyebrows in the Phoenix metro area! I break down what you need to know about the current housing market in this video. Using key indicators like active and pending listings, days on market, and the Crawford Market Index, we explore what it really means to be in a buyer's market here in Phoenix Arizona.
While foreclosure numbers remain far from the 2009 crisis, foreclosures are back in Phoenix with pending cases in Maricopa County increasing significantly year-over-year. I also discuss how rising credit card debt might contribute to this trend. Don’t worry—I’m not predicting any crisis, but I do believe it’s worth keeping an eye on this upward trend. Plus, I share the latest data on pre-foreclosures, short sales, and lender-owned properties currently listed in the area.
If you’ve been curious about living in Phoenix Arizona or want to know the real deal about the local housing market, this video has everything you need to stay informed.
If you’re thinking about moving to Phoenix Arizona be sure to give me a call, shoot me a text, send me an email, or schedule a Zoom call. I’d love to help you make a smooth move to Phoenix Arizona!
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00:00 - Intro to Foreclosures Are Back in Phoenix?! What You Need to Know
01:42 - Phoenix AZ Real Estate Market Today
03:11 - Phoenix Arizona Cromford Market Index
07:11 - Phoenix Arizona Credit Card Debt
08:00 - Phoenix AZ Market Foreclosure History
10:32 - Phoenix Arizona Foreclosures Pending
13:13 - Phoenix Arizona Preforeclosure MLS
14:50 - Wrap Up to Foreclosures Are Back in Phoenix?! What You Need to Know
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