Life In Scottsdale

Scottsdale Foreclosure Map

This big blob of green is a map of foreclosures for sale and pre-foreclosures (potential short sales) in Scottsdale and Paradise Valley.  If you think the bottom of the real estate market is here, think again.  Remember, these are places that are still for sale — this map doesn’t count foreclosures that have already sold, or those on the way.  With mortgage payments late or foreclosure underway in more than 1/10th of the houses in the country, and the Scottsdale/Phoenix market worse than the nation overall, you can bet home prices have a long way down to go.

This map is from January, 2009.