Articles about phoenix

In the last few months more home buyers are backing out from the excess flood of distressed properties whose lower prices increased their sales figure greatly. There has been a 7.2% hike since in June the 1999 records were broken. At least one third of the 5.24 million properties that were [...]

The prices of real estate properties are going down at a massive rate with the start of foreclosure deals. As more areas face the tumbling down problems of foreclosures, statistics result in the most hard-hit real estate prices to date. Home prices have hit a rock bottom and slid down by around 8.9% in the [...]

According to Default Research, which is one of the chief sources of real estate and foreclosure information based in the Phoenix-Tuscon area, the rate of foreclosure has made a jump of 147 percent in the counties of Maricopa and Pima in January 2008. Default Research reports that 1.53 percent of the homeowners in the [...]