I hope you enjoy my Weekly Market update for the Phoenix real estate market. Good news to report about values and home sales. Foreclosure listings continue to decline and banks are approving short sales at 3 times the rate of earlier this year. The real estate market in Scottsdale continues to improve at the under $500,000 price point. Please post your comments and give me some feedback. This service is meant to keep you informed to what is actually happening in the Metro Phoenix real estate market, including short sales, REO, Foreclosures and Bank Owned property.
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