phoenix arizona pre foreclosures: Phoenix Arizona Has About 45,000 Pending Foreclosures
- 07/07/09 09:18 AM
Around the end of June the Arizona Republic reported that as many as 45,000 “pending” foreclosure homes are being “held back” from being placed on the market to be sold. One belief is that the banks are deliberately dragging their feet at putting these homes onto the market in an effort to keep home prices from sliding even farther. But many feel that this may even hinder and prolong the market’s long term recovery. Another belief is that the banks are dragging their heels on higher ticket properties because the demand is low and selling off so many of these properties … (10 comments)
Gold Canyon and the East Phoenix Arizona Valley info. Home of the Superstition Mountains, golf, hiking, desert wildlife and year round great sunny weather. Gold Canyon is only 45 minutes east of the Phoenix Sky Harbor airport.
Around the end of June the Arizona Republic reported that as many as 45,000 “pending” foreclosure homes are being “held back” from being placed on the market to be sold.
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