Bryan Jones over at the Talon Group emailed me the following spreadsheet with bank owned property statistics for many of the major cities that occurred during the month of October. City Total Sales REO Sales* % REO Sales* Median Price REO Price* Buckeye 137 88 64% $120,000 $114,500 Tolleson 73 45 62% $139,900 $130,900 Avondale [...]
Posts tagged as:
foreclosures
From Saturday’s Arizona Republic: Bank of America, which last summer bought the nation’s largest subprime lender, Countrywide, has suspended foreclosure notices pending against nearly 2,000 homes across the Valley in the past week in an effort to help homeowners hold on to their property. And relief for even more homeowners is expected to follow. Read [...]
After reading the article at AZCentral.com, Valley home-sales reports are at odds, I decided it was time to get a handle on the foreclosure situation in Scottsdale. According to the City of Scottsdale’s Building Resources Department, as of the first quarter of 2008, there are an estimated 242,650 residents, 81,410 single family homes, and 38,310 [...]
