Mortgage And Real Estate News

Thursday, May 7, 2015

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.

Reuters: Business News

National Commercial Real Estate News From CoStar Group

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