Arizona short-sales losing market share to normal listings


Courtesy of the Cromford Report  |  h/t Mike Balzotti

Although they are still 36.8% of all active listings in Greater Phoenix, short sales and pre-foreclosures are losing market share to normal listings. 36.8% is the lowest percentage share we have measured since September 2009. The peak share occurred in June 2010 and was 42.4%. Normal listings are now 56.7%, their highest percentage since 2008. REOs are still around but are only 6.5%. All these percentages include AWC listings.

More info and photos on the Paradise Valley short-sale pictured above HERE >>

Search all Arizona short-sales and forclosures HERE >>

 

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