Posted on Saturday, 30th January 2010 by Anna Kulbinski

While lender-owned homes in Phoenix make up only 19% of the listings, the January 1, 2010 reports show that they account for 49% of the sales. This is no doubt in reaction to lenders’ decisions to clear out these homes at a price per square foot that’s 15% under their list prices, and 30% less [...]

Tags: phoenix foreclosures, Phoenix home prices, Phoenix home prices per square foot, phoenix lender owned homes, Phoenix Market Statistics
Posted in Foreclosures, Market Report, Market Statistics, Phoenix Real Estate | Comments (0)