Finally some good news for the Phoenix Real Estate Market

From DS News



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> Phoenix-Area Foreclosure Sales Drop for Third
Straight Month


Foreclosures are claiming a smaller share of the Phoenix sales market. The
ratio has dropped for three straight months, according to a new report from
Arizona State University's business school. In May, foreclosures represented
about 35 percent of existing-home transactions in the Phoenix area, down
from 43 percent earlier in the year. Still, the university's real estate
professor says he's doubtful foreclosures will cease to be the dominant
force in the market. More than 3,500 foreclosures occurred in the Phoenix
metro last month.
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-sunil


SUNIL SETHI REAL ESTATE

Sunil Sethi / Broker, President, REALTOR, MBA, CPA (inactive)
38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536
Cell 510 388 2436 / Fax 510 431 9046

<http://www.sunilsethi.com/> www.sunilsethi.com

CA DRE#: 01173766