Foreclosures, REOs Account For 67% Of Phoenix Home Resales In August
• ZeroHedge.comAccording to a new report by A.S.U. in Phoenix alone foreclosures and REOs account for 67% of all home sale transactions. According to author Jay Butler, out of 8,790 resales, 3,990 were foreclosure sales. This compares to 3,865 in July...
