The Maricopa County Market closed 6,237 homes in December a slight increase. REO properties closed were 760 at 12% and Short Sales closed 1,633 are at 26% with 3,845 being normal at 62%. Pending Inventory has 1,163 REO’s at 11% and 4,035 Normal at 37% and the slowly dwindling 5,751 Short Sales at 53%. That’s another 1,000 less than last month! YEAH! Active inventory decreased to 13,852 listings with 1,241 REO’S at 9% and 930 short sales at 7% and 11,682 normal listings at 84%.
Market Report for December 2012
January 4, 2013 by Susan Talarico
Posted in foreclosures, real estate information, real estate market conditions, Real estate trends, scottsdale real estate, short sales | Tagged Arizona life, Arizona real estate, banking, Dominic & Co, federal regulation, financial crisis, foreclosure, foreclosures, Full service Realtor, home buying, home selling, homes for sale Arizona, housing information, housing market, market conditions scottsdale, phoenix real estate, real estate, real estate information, real estate market conditions, real estate news, Real estate offers, scottsdale real estate, selling your home, shadow inventory, short sales, susan talarico |
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