Looking at the post below, it’s clear that Arizona is the first state to come out of the real estate bust.

Florida is still the #1 state for non-current mortgage loans.

Nevada is still #3.

Both states have a lot of foreclosures in their future.

California, on the other hand, seems to be following in Arizona’s footsteps. California was #5 in 2009 but now is #31.

Arizona was #4 in 2009 but now is #35.

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