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Arizona foreclosure troubles build
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More than 27,500 foreclosure filings -- including default notices, auction sale notices and bank repossessions -- were reported in Arizona during the first six months of the year.
That's a 118 percent increase from the same period a year ago, according to research firm RealtyTrac.
Those filings were reported on 15,551 properties, a report released today shows. Nationwide, 925,986 foreclosure documents were filed in the first half of 2007, up more than 55 percent from the same period last year.
Topping the company's ranking of states dealing with foreclosure woes are Nevada (No. 1), Colorado (No. 2), California (No. 3), Michigan (No. 4), Florida (No. 5), Ohio (No. 6), Georgia (No. 7), Arizona (No. 8), Connecticut (No. 9) and Indiana (No. 10).
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