Here is a map of the Phoenix Metro area. Each "dot" represents a zip code.The gist of the dots is "the larger the dot, the higher the distressed property count".
Notice the highest distressed count tend to be in the outlying or "newer" cities.
In my opinion, distressed properties counts are MUCH lower than the past 2 or 3 years.
This is JULY 2013
Actually... Let's not speculate. Below is the distressed report for Nov 2011!
This is NOVEMBER 2011
Please note how many BIG circles there were just a year and a half ago.
If the records went back to 09/10 I bet there would be MORE large circles!