Friday, April 6, 2012

Fewer Foreclosures on the Phoenix Market

Another sign for the valley housing market is positive, and it involves home auctions.

Reports say the housing collapse began in Phoenix. But now, housing prices are up 3 to 4 percent since last year.

Friday, we watched a trustee sales group bid on foreclosed homes outside the downtown Phoenix courthouse.

A small group, just a couple dozen people, are working at the public auction. That’s a big change from a short time ago.

Read the rest of the article at My Fox Phoenix

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