Phoenix Metro May 2008 Home Resale Numbers Including Foreclosure Sales.
ASU Polytechnic has put out their May 2008 Greater Phoenix data. This data is derived from different sources, then the Phoenix resale numbers we presented at Phoenix Market Trends for May, which come from the ARMLS (Arizona Regional Multiple Listing Service). ASU data separates regular sales from foreclosed sales. In May 2008, 5,740 home sold, these are resale homes. A total of 1,475 homes out of the total were foreclosed transaction. This represents 25% of all home sold. Contrast this wi
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