December 13, 2011
As of December 2011 there are 19,000 homes for sale on the Phoenix real estate market (see: Phoenix real estate listings by month). About 2,300 are bank home foreclosures, otherwise known as REO’s (real estate owned). Many REO properties need some work and that is expected. Others need lots of work and cause potential buyers [...]
More Real Estate News…
July 10, 2011
The Phoenix real estate market set a new record in June 2011 with over 10,800 residential home sales. The previous record for home sales, which stood for six years, was set in June 2005 with 10,216 recorded residential housing sales. This is great news for home sellers, but not so good news for home buyers [...]
More Real Estate News…