Phoenix Real Estate in April: Sales Up 9.3%, Inventory DOWN 13% Year-over-year

For the fifth consecutive month, inventory was down year-over-year in Phoenix. This is a significant change from last year.

This is a key distressed market to follow since Phoenix saw a large bubble / bust followed by strong investor buying.  These key markets hopefully show us changes in trends for sales and inventory.

Read more... http://www.calculatedriskblog.com/2015/05/phoenix-real-estate-in-april-sales-up.html?m=1