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Foreclosures in the Valley up 97% in December!

Foreclosures in the Valley up 97% in December!
by Kaushik Sirkar, Chandler AZ REALTOR
Chandler Arizona Real Estate

See the article from today's Arizona Republic. Wow, foreclosures up 97% from the same time period the previous year! Guess this is a strong indicator of the problems the Valley is currently facing. Slightly weaker jobs, burdensome debt load and the aftereffects of the subprime fallout are all certainly contributing factors. We will most certainly continue to watch inventory; both locally and valleywide, as the best indicator of the state of our market.

Thanks for Reading :)

Kaushik Sirkar, Chandler AZ REALTOR
Chandler Arizona Real Estate

Posted by Kaushik Sirkar on 01/14/2008 11:53 PM

Comments (13)

foreclosures, chandler real estate, arizona real estate

This post has been included in Arizona Information

13 Comments on Foreclosures in the Valley up 97% in December!

JAN

2008

Seems like they are everywhere. I just started to list foreclosures and I think that it will be a large part of my business for the next few years.

David

JAN

2008

As you know, the spirit of Active Rain is to help each other. The best way that I've found is by hitting each others' website, to improve internet search rankings. I checked out your website, and I liked the fancy "R" If you have a second, please reciprocate the favor by checking out my website at http://www.southerncaliforniaappraisers.net/

I was at a convention the other day and they were stating that this year will be the worst year for foreclosures. I also agree with the post above written by Mr. Wynn. My web site is http://wwww.nutralawnllc.com

That is a tough statistic. Hopefully a spike and it will come down from there.

your friend in Charlottesville

FEB

2008

Kaushik,

It's just the same here in Tucson when it comes to foreclosures.

Mike in Tucson

For detailed information on foreclosures, please google... Beware of long realty sly as a fox

Yep, I'm experiencing a lot of the same. Makes the job kinda interesting :)

FEB

2008

Hope the market improves. Are you getting foreclosure listings? Good luck.

FEB

2008

How does someone know the condition of the property that's being auctioned? Because with this house that's being auctioned on February 27, 2008, the seller lied on the seller's disclosure big time, as did the appraiser.

FEB

2008

KGUN9 ON YOUR SIDE did a story about my father yesterday on the 6:00 news. We are so grateful to get the word out to warn other people about Long Realty Company. Miracles do happen!

MAR

2008

Arizona Daily Star March 2, 2008 front page of the Business section there is an article about my father's tragedy and what Long Realty company Designated Broker Jerome King, Long agent Pam Treece and Long agent Susie DeConcini had to say.

MAR

2008

Arizona Daily Star... Long Realty Company

www.azstarnet.com/business/227653

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