We just posted an article on our investment site, Real Estate Investing 101, looking at the rise in foreclosures in the Greater Phoenix market.
It is sad news for too many homeowners finding themselves in trouble. The upside is this does allow new buying opportunities for those with down payment dollars and decent credit. We are seeing a wide variety of bank-owned homes, condos, land and even commercial property coming on market.
You can read the entire article about the rise in foreclosures by clicking on this highlighted text.
Take care and know we are here to answer your real estate questions and concerns.
Gene Urban
The Urban Team at Realty Executives
602-234-5777
