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AZ Foreclosures Make up 61% of Valley Sales
According to the Arizona Republic, Arizona foreclosure properties made up 61% of Valley home sales. And as footage from the county courthouse trustee auctions show, the Republic says:
"Homes sold through foreclosures keep getting cheaper, providing bait for investors. The median price for homes sold in foreclosure fell 5 percent to $145,500 in November, a drop from $153,450 in October and $155,100 in November 2008."
So for those looking to invest in new properties, the data shows that foreclosures are one of the biggest avenues for investments right now - and of course Foreclosure Grove is the easiest way to track foreclosure properties up for auction.
- Rob
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