Despite rising national home foreclosure rates, local analysts aren't so concerned about metro Phoenix.
Through September, there are 1,303 active notices of trustee sale in Maricopa County, up 30% from the same period in 2024, said Sarah Perkins, director of industry research and senior account executive for Glendale-based Navi Title Agency.
While 30% might seem concerning, context is key, she said.
"While this might seem like a big increase, we are working from very low numbers," she said. "We are only a few hundred up from all-time lows."
