Scottsdale, AZ (PRWEB) November 14, 2012
November 14, 2012, following TransUnion’s release of its 3rd Quarter 2012 Mortgage Statistics, the Desert Property Investor reached a decision about backing the roughly 24% decrease in mortgage delinquency in California and Arizona. The reason the editor of Desert Property Investor made this decision was due to his longstanding agreement that the housing market is on its way to recovery.
The Desert Property Investor provides information to property investors, those interested in the state of the housing market in the Southwest and desert areas. They also highlight interesting properties and development of areas in California, Nevada, and Arizona.
TransUnion’s report shows a significant improvement in the payment habits of homeowners located in both California and Arizona. With rates still in the 5% range Desert Property Investors says there is still work to be done to get back within normal ranges of 1-2%, but this is a win for the housing market and desert homes such as Scottsdale Arizona properties.
TransUnion, which started in 1968, is one of the largest credit reporting bureaus. They collect consumer information worldwide and provide services to businesses. Consumers can obtain a copy of their credit report to better manage their finances. Businesses are able to evaluate risk and improve relationships with customers.
Desert Property Investor released their agreement of improved mortgage payment percentages and predicts the housing market will see increased improvement by 3rd Quarter of 2013.
About Desert Property Investor:
Desert Property Investor evaluates opportunities, pitfalls, services, and legislation related to the investment in residential property in the California, Arizona and Nevada deserts.