Arizona Market Update - April 2025: The Truth About Foreclosure Trends

Hey Arizona homeowners and future buyers — Long here with your April 2025 real estate update, and today we’re diving into one hot topic: foreclosures.

There’s been some buzz about rising foreclosure numbers, and if you’ve seen the headlines, you might be wondering if it’s time to panic. So let’s break it down:

🔍 What's Really Going On?

• Foreclosure filings (pending notices) in Arizona nearly doubled from April 2024 to April 2025.

• That sounds alarming, but let’s put it into context:
  ➤ We currently have about 1,400 pending foreclosure notices statewide.
  ➤ The historical average before the pandemic was around 1,800 — so we’re still below normal.

❗ What Is a Pending Foreclosure?

A pending foreclosure (aka Notice of Trustee’s Sale) means the lender has notified the county that a homeowner hasn’t paid their mortgage for 3 months and foreclosure proceedings may begin. It’s an early warning — not a guaranteed sale.

⚠️ What Does This Mean for the Market?

• While the rise is notable, it’s a yellow flag, not red.

• It could indicate early signs of economic stress — like job losses or inflation-driven struggles — but it’s not a crash.

• For buyers and sellers, it’s a signal to watch the trend, not panic.

📊 Want Hyperlocal Data?

I’ve created custom market reports for cities, neighborhoods, and even zip codes across Arizona. These reports include:

• Median sale prices

• Number of home sales

• Price trends by month

• Success rates and negotiation insight

Perfect whether you're buying, selling, or just curious.

📩 Want one? Text me to 480-480-7948 the area you're interested in, and I’ll send the latest report straight to you.