News Article From: 12-10-2008
Home sales way up as prices continue to drop, an article from The Phoenix Business Journal, reports that there were 6,565 home resales recorded in Maricopa County during the month of November - a 75% jump for November 2007. Foreclosure sales amounted to 48% of the home sales - up significantly from 30% in November 2007. Since the beginning of the year, there have been 42,425 traditional sales and 31,850 foreclosure sales. http://www.bizjournals.com/denver/othercities/phoenix/stories/2008/12/08/daily25.html?brthrs=1 |