Tucson, Arizona — University of Arizona

Tucson, Arizona — University of Arizona

Fifty percent of all residential sales in the home of the Arizona Wildcats were foreclosure sales through mid-year 2011, allowing for investors to pick from a plethora of deals.

For the first six months of the year, 3,068 foreclosure properties sold in Tucson for an average price of $116,916 — 41 percent below the average price of non-foreclosure properties. Foreclosure sales were up almost 13 percent from the previous six month period.

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