BLUE JACKETS WIN FIRST PLAYOFF GAME IN FRANCHISE HISTORY

The Blue Jackets defeat the Pittsburgh Penguins 4-3 in double overtime in Game 2 of the series.

Foreclosures sink in Phoenix area since crash peak

PHOENIX (AP) — Foreclosures have plummeted in the Phoenix area since the peak of the housing crisis.

Lenders took back a record 5,100 homes in the metro area in March 2010, but only 697 homes were the subjects of foreclosures last month.

The Arizona Republic (http://bit.ly/1a2fGKl) reports that short sales also are way down from last year's peak as home prices have increased steadily from the September 2011 low point during the crash.

The number of foreclosures in the metro area started escalating in 2008 after home prices began to fall and the economy dropped into a recession.

Government-backed loan modifications helped some homeowners hold on in 2009, but foreclosures were soaring by 2010.

©2014 by The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.