In July, 2011 the number of foreclosure notices issued in Pima County hit a 40 month low.
In July 2011, 666 property owners in Pima County received default notices. This is a 40% decline compared to July 2010. In July 2006, when home prices rocketed, there were 216 foreclosure notices issued.
During the first half of 2011, the Tucson area had the 19th highest foreclosure rate in the nation.
Realtor Lisa Bayless, specializes in Tucson Catalina Foothills, Oro Valley and Marana real estate home sales.