REO Sales are Dropping

02Jun09

Hey Scott, what is the percentage of resale and REO home sales in Phoenix? That’s a great question, and here’s the answer. Resale homes sold 1% more than last month.

The Phoenix Market is changing. This is a great way to see visually the change in REO Sales. Since January of this year (‘09) the number of REO sales has reached it’s highest levels and is on a steady decline.

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