Michael Orr, from the Cromford Report, published his mid-month update and forecast. I think the most interesting aspect of the report is that foreclosures are not mentioned once, and short sales may have driving the market now. Mid Month Pricing Update and Forecast Each month about this time we look back at the previous month [...]
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pending sales
Over at Click2AZ, I posted a chart showing the significant increase in pending home sales for the Phoenix Metropolitan area. As Michael Orr from the Cromford Report shared a couple weeks ago: The more expensive areas have generally been left out of the surge in pending sales, probably due to the greater difficulty in securing jumbo loans [...]
