Phoenix is passing through a growing moment in foreclosure market. Nowadays, we have 866 foreclosures available in the city. And compared to last month things got easier for those who want to invest, with more foreclosures in the market and more chances of deals. Phoenix started September with 776 foreclosures available. October registered a fall to 776 homes, or 0.00%. The city had another down in November: 0.00%, leaving 776 properties in the market. Things got worse in December with a drop to 776 homes in foreclosure available (0.00%). Opportunities went abundant for buyers last month, with a rise, when Phoenix registered 842 foreclosures, a 8.51% increase comparing to December.
As for the cost, Phoenix has a huge difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in Phoenix for $99,264, a value 41.89% below the US average price ($170,827), and a 100.00% decrease compared to the prices of January in the city.



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