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Market Update for Phoenix - July 1, 2011

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Uploaded by on Jul 1, 2011

The Phoenix real estate market is HOT (snicker) right now with only 2.3 months of inventory. The number of distressed properties is down over 20% from last year. Foreclosures are down and so are Notices of Trustee Sale, so they will continue to decline over the next few months.

For buyers, this means jungle warfare! Competition is stiff for good properties with many going under contract with multiple offers in only a few days.

For more information, contact Kristin or Dean, the East Valley Team
480-380-5319
info@eastvalleyteam.com

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  • LOL. This is ridulous. AZ is in the crapper, and will be for years and years. Good luck.

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