Phoenix foreclosures up in November
The unsettled Phoenix metro real estate market saw foreclosures as a share of the market rise to 29 percent in November, according to a report from W. P. Carey School of Business Professor Emeritus Jay Butler. Overall activity dropped between October and November as expected given the season – from 7215 in October to 7105 in November. The median price for traditional sales was up, but the median for a foreclosed property declined.
The unsettled Phoenix metro real estate market saw foreclosures as a share of the market rise to 29 percent in November, according to a report from W. P. Carey School of Business Professor Emeritus Jay Butler. Overall activity dropped between October and November as expected given the season – from 7215 in October to 7105 in November. The median price for traditional sales was up, but the median for a foreclosed property declined. [podcast]
Latest news
- The Dolly Parton paradox: Rhinestones, kindness, and the making of a powerful leader
The life and legacy of music legend, entrepreneur, and philanthropist Dolly Parton shows why…
- Best first credit cards
An ASU management expert shares how first-time cardholders can build credit wisely and avoid…
- Vanguard's S&P 500 index fund changed how we invest — but there may be a smarter way to get a piece of the market
An ASU finance expert's research investigates whether equal-weight or value-based index funds…