According to a report from Arizona State University issued last Tuesday: The rate of foreclosures continued to drop for the fourth consecutive month.
The article also mentions some interesting Phoenix real estate market figures:
1. 3,280 single-family home foreclosures in June, down from 3,505 foreclosures in May and 3,835 in June 2010.
2. Median price for a single-family home resold in the Valley market in June was $126,500, up from $125,000 in May but still down significantly from $143,000 June 2010.
3. Home-resale transactions increased in June to 7,195 from 6,885 in June 2010
If you are searching for the best deal on a Scottsdale home for sale contact me. I can do a custom search of all REO, bank owned and lender owned properties in Scottsdale and email you homes that match your criteria. You can also receive automatic email updates as new Scottsdale foreclosures go on the market. You can be the first to know about the next great foreclosure. Competition is stiff for the best foreclosures in Scottsdale so this is a huge advantage over your competition. Call me at (602) 791-0536.
Carmen Brodeur JD
Trillium Properties, LLC
9825 E Bell Road, Suite 120, Scottsdale AZ 85260