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Loan Modification

: Mortgage Lender Implode-o-Meter

The Direction of Phoenix Home Sales and Prices

By Implode-Explode Heavy Industries

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"While it is not unusual for home sales to cool this time of year, a 30% YOY drop is significant- we haven?t seen that severe a drop in home sales since November 2007. All of a sudden, home sales have gone from tracking the good years into the poor range. It may only be one data point, but there?s no reason to believe that this is an anomaly"

Full post as published by Mortgage Lender Implode-o-Meter on August 19, 2010 (boomark / email).

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