Phoenix Real Estate Forum Index Phoenix Real Estate
Phoenix Real Estate and Housing Updates
 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

Phoenix Foreclosures Fade as Phoenix Leads Rise in Nations

 
Post new topic   Reply to topic    Phoenix Real Estate Forum Index -> Phoenix Real Estate News
View previous topic :: View next topic  
Author Message
Ron Wilczek



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

PostPosted: Tue Feb 19, 2013 7:10 pm    Post subject: Phoenix Foreclosures Fade as Phoenix Leads Rise in Nations Reply with quote

Phoenix Foreclosures have been steadily fading for 18 months and all the press is talking about it. See our Housing Tracker Stats for a long term perspective. This week Bloomberg is on the bandwagon with a story stating home prices have risen in the 4th quarter of 2012&nbsp;in almost 88% of US cities and Phoenix is leading the charge.<o></o>

<if><v> <v> <v> <v> <v> <v> <v> <v> <v> <v> <v> <v> <v> <v> <v> </v> <v> <o> </v><v> <v> <w> </v><endif><if><endif>We recently quoted an article from Realty Trac saying that the decline in Phoenix foreclosures&nbsp;made Phoenix the 8th worst place in metro areas with populations over 500,000 to buy foreclosures. Another story reported by the AZ Republic stated Phoenix foreclosures are no longer driving the market.<o></o>

<o>&nbsp;</o>

In a Bloomberg story by John Gittelsohn & Prashant Gopal:<o></o>

<if><v> <v> <w> </v><endif><if><endif><em>"The median sales price rose from a year earlier in 133 of 152 metropolitan areas measured, the National Association of Realtors said in a report yesterday. In the third quarter, 120 areas had gains.</em><o></o>

<em>An improving job market and low interest rates are driving up prices by fueling demand for a tightening supply of listings. The national median price for an existing single-family home was $178,900 in the fourth quarter, up 10 percent from the same period last year. That was the biggest gain since 2005, according to the Realtors group.&nbsp;<o></o></em>

More on Phoenix homes prices<o></o>

<o>&nbsp;</o>

<o>&nbsp;</o>



Read more...

Source: Phoenix Homes and Foreclosures
Current information on Phoenix homes for sale and Phoenix foreclosures. Market conditions.
Back to top
View user's profile Send private message Send e-mail Visit poster's website
Display posts from previous:   
Post new topic   Reply to topic    Phoenix Real Estate Forum Index -> Phoenix Real Estate News All times are GMT
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
Phoenix Real Estate topic RSS feed 


Powered by phpBB © 2001, 2005 phpBB Group