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Phoenix Foreclosures: now the 8th worst area to buy Foreclo

 
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Ron Wilczek



Joined: 19 Dec 2009
Posts: 111
Location: Phoenix Metropolitan Area

PostPosted: Wed Feb 13, 2013 7:10 pm    Post subject: Phoenix Foreclosures: now the 8th worst area to buy Foreclo Reply with quote

Phoenix foreclosures no longer have the same presence that created bad memories about the Phoenix housing market. In fact, and according to Realty Trac, Phoenix is now the 8th worst city in which to buy foreclosures.



This article follows one I wrote yesterday about how Phoenix foreclosures are no longer the driving force in the Phoenix housing market. Additionally, and according to Realty Trac, foreclosure activity is down in 12 of the 20 largest metropolitan areas and up in eight of the 20 largest metros.



From Realty Trac:

To select the best and worst places to buy foreclosures in 2013, RealtyTrac scored all metro areas with a population of 500,000 or more by summing up four numbers: months’ supply of foreclosure inventory, percentage of foreclosure sales, foreclosure discount, and percentage increase in foreclosure

more Phoenix Foreclosures ...



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Source: Phoenix Homes and Foreclosures
Current information on Phoenix homes for sale and Phoenix foreclosures. Market conditions.
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