The numbers are in for 2008 and while they are shocking to see, the numbers are not unexpected. in 2008 there were 60,860 foreclosures in Maricopa County, up from 22,426 in 2007 and 8,972 in 2006 according to a report by Default Research.
The amount of new foreclosures coming on the market is remaining fairly steady. Just under 4% of all homes in Maricopa County went into foreclosure in 2008. While those numbers are very high, they do still trail many California and Florida counties.
