Number of Phoenix rentals in foreclosure climbs

More renters in the Phoenix area are finding notices of foreclosure auctions on their front doors.
The number of rental homes in the region falling into foreclosure is climbing. There are now about 6,025 houses  – classified as rentals on real estate documents – in foreclosure, reports Netvaluecentral Inc.
The figure has climbed by more than 200 in two months.
Netvalue has a site open to the public that allows the region’s renters to see if the home they’re leasing is in foreclosures: www.aznvc.com.
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