Sunday, September 6, 2009

Scottsdale Foreclosure still driving prices in Scottsdale

Foreclosures in Scottsdale year over year (in July) are up 38% 


July 2008 Foreclosures 320
July 2009 Foreclosures 440
38% Increase

Prices are down (Median)
July 2008 Prices $455,000
July 2009 Prices $389,900
16.7% Decrease

Where is the MAJORITY of this decline coming from?
Condo's in the 300,000-400,000 price range
  
Have questions?
 
Call me and let's talk about the market!
 

Terry S. Smith (602) 763-1858
http://www.AZLenderForeclosure.com

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