Phoenix-area Housing Market Improving
Below is a link to a recent article in the Arizona Republic. We agree that the housing market has changed. There are about half as many homes for sale currently as there were a year ago. I don’t agree with Brett Barry’s statement that he thinks there are still a lot of foreclosures to come. I don’t think the banks have released any hard data on how many foreclosures they still have but I have heard several experts say that they think the number of foreclosures will continue to dwindle and that the banks are not holding on to a large shadow inventory.