Distressed Properties Sale Articles

Compared to other U.S. states battered by hundreds of thousands of foreclosure properties, Alaska’s foreclosure problem is negligible. It had only 1,131 foreclosure properties in 2008, which represented a 36-percent rise from the previous year.

Alaska officials pegged the total number of foreclosure properties in 2008 in the Palmer district to be 275. Flashback to 1987, and the same area reported 1,693 foreclosure properties, with less houses and people back then than it is today. The Palmer district covers areas from Sheep Mountain to Willow.