Here is an article I read regarding Arizona housing market statistics for July, Key Points: Forclosures up vs July 2007 - not good sign Existing Home Sales: up vs June of 2008 Pre Forclosures are down so far in July 2008 - good sign that perhaps forclosures have peaked and may be lower in August
Draw your own conclusions, however given the grim housing market this year any sign of a turn around is positive
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