ASU report: Foreclosures still cloud housing market
Friday, February 12, 2010 - 07:42
in Mathematics & Economics
(PhysOrg.com) -- Foreclosures continue to play a major role in the Phoenix-area housing market. Almost half of the existing-home transactions in the Valley last month -- 45 percent -- were foreclosures. That's according to the latest Realty Studies report from the W. P. Carey School of Business at Arizona State University.