Tucson ranks 19th in the nation for foreclosures

Tucson real estate: The Tucson metro area has the nation’s 19th highest foreclosure rate for the first half of 2011 according to RealtyTrac Inc. Tucson has moved from 39th in 2010 to 19th in 2011. One in every 54 properties in the Tucson metro area has received a foreclosure notice.

Most of the nation has seen a decline in foreclosures notices. Keep in mind, banks in AZ tend to move faster against delinquent homeowners compared to the rest of the nation.

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