The Phoenix Business Journal has reported that the number of Phoenix Foreclosures is now below the national average. In September of this year the Phoenix Metro area was at a 3.41% foreclosure rate and the national average was 3.48%. It might not be significantly better than the national average but it is definitely a great start towards recovery.
This is great news for homeowners and shows that the Phoenix and Scottsdale Real Estate markets are coming up. Now is the right time for buyers to make that purchase before the prices start to increase.
Feel free to call me at (800) 300-0263 with any questions that you might have about purchasing Phoenix, Arizona properties.
Carmen Brodeur BA, LLB
Arizona Realtor / Former Alberta Lawyer
(800) 300-0263
Carmen@ThePhoenixExperts.com
www.ThePhoenixExperts.com
