real estate crisis: On the Brink of a New Housing Crisis? Foreclosure at Record High for Second Month - 06/24/10 06:24 AM
The second plunge of the real estate market is beginning to rear its ugly head. For 2 months in a row, April and May, bank repossessions have hit a record monthly high. Nearly 94,000 properties in the United States were repossessed in May alone. Arizona foreclosures are the second highest in the nation. These numbers are an increase of 44 percent over a year ago.
These are not newly distressed properties, and many have been sitting empty for months—abandoned by their financially troubled owners—but the fact that these REO homes will soon cram the real estate listings is the real problem. … (0 comments)

 
Curtis Johnson (Curtis Johnson Realty)

Curtis Johnson

Gilbert, AZ

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Curtis Johnson Realty

Address: 2680 S Val Vista Dr Bldg 5 Ste 122, Gilbert, AZ, 85295

Office: (480) 355-4000

Fax: (480) 355-4020

Your expert for Phoenix, Glendale, Mesa, Arizona, Phoenix real estate, Glendale real estate, Mesa real estate, phoenix homes for sale, Glendale homes for sale, Mesa homes for sale, Maricopa County AZ, home buying, home selling, Realtor, homes for sale, agent, broker, relocating, land, residential, property, house, investment property, foreclosure, short sale, valley of the sun, hard to sell homes, Renegade Real Estate

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