Home forclosures happen when a person who has taken out a loan for the purchase of a house has defaulted on this loan. The house has become the collateral for the business providing the loan.
2.5
1000,000,000
Three is a company which specialized in tracking foreclosures, it's called realty check. The site is located at http://www.realtytrac.com/home/ they have all sorts of stats regarding foreclosures in the US including the total amount.
Because of all the foreclosures on the home loans they had funded, the bank decided to make loan conditions stricter.
The site eHow gives information about home foreclosures. There is also another site called ForeClosures Help which offers information to help homeowners.
Like most other state I am sure the foreclsed home in Arizona are dispersed throughout the state as a home most often does not get moved once it is forclosed upon.
Scottsdale Foreclosures is a company that manages foreclosures of homes, businesses, and condos. The Scottsdale Foreclosures company is located in the state of Arizona in the United States of America.
According to RealtyTrac, there has been an increase of 54% of home foreclosures in the US from 2007 March to 2008 March Credit: http://www.mortgagetonight.com/2009/01/how-foreclosure-affects-credit/
Subprime
1900% increase.
There were more than 1.2 million foreclosures filed in 2006. This was a 42% increase over the amount of foreclosures filed in 2005.
There are websites that offer lists of foreclosures. One of these sites is RealtyTrac. At this time of viewing the website they offer 152,500 new foreclosures. Other sites that offer lists are Ushud, Homefinder or Zip-Foreclosures.