Best Places For Real Estate Deals
March 10th 2010 05:45
© AP Photo/Matt YorkPhoenix, Ariz.
Median home sales price: $264,800
Price change from 2006: -2.7%
Expected home turnover in 2008: 4.32%
Turnover rate: 19
Things aren't so hot right now in Phoenix, a market feeling the pinch of high foreclosure rates and a steady diet of mortgage rollovers. Prices should continue to fall as the market absorbs its credit and inventory problems. The result? Spiked activity.
From: forbes.com
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