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Thursday, 08/21/2008 3:05:30 PM

Thursday, August 21, 2008 3:05:30 PM

Post# of 621
Arizona housing market update:

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

http://www.azcentral.com/arizonarepublic/business/articles/2008/08/21/20080821biz-housing0821.html

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