The stats are out and just as we have said the market is recovering but really how much? Here is the real story.
Distressed Home Sales – Phoenix Real Estate dominated the landscapae of our market in recent years. Prior to 2011, lender owned (bank owned) home sales outpaced the short sale market. By 2011 that trend was reversed and short sales became the primary component of Distressed Home Sales in Phoenix Real Estate Market. By the end of 2012 short sales outnumbered lender owned sales by 2:1. Read more