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Loan Modification

: Mortgage Lender Implode-o-Meter

September Phoenix Median Price Down 29%, Foreclosures Now 44% Of Sales

By Implode-Explode Heavy Industries

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"In September, there were a total of 8,280 resale homes recorded sold. Foreclosure activity represented 44 percent (3,655 transactions), while there were 4,625 traditional market transactions. Foreclosed transactions represent home owners losing their property to successful individual bidders or the lender of record."

Full post as published by Mortgage Lender Implode-o-Meter on February 12, 2011 (boomark / email).

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