Condo Market Better than Single-Family Houses

Recent news has highlighted the severity of the renewed downturn in prices of single-family homes, but Capital Economics says although condominiums will not escape altogether, over the next year or so condo prices are likely to fall by less than their single-family counterparts. According to a market analysis released this week by the research firm, …

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Phoenix Foreclosure Numbers Reveal a City on the Mend

Home sales in the metro Phoenix area are heating up thanks to the popular foreclosure market, according to ForeclosureDeals.com. The site reports that there were more than 10,000 home sales in the Phoenix area in March with nearly 1,500 of those sales foreclosure homes. “Demand is starting to increase in the Phoenix area, and that’s …

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