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All Blogs » Tagged: Tempe

Notice OF Default Filings

Sep 23, 2011 (238 days ago)

During the late Spring as I may have mentioned, the housing supply

Was at a low that was comparable to the early 2000’s. We were successful in helping homeowners recover some equity through the Hot months.
 
According to Foreclosure Radar, Notice of Default Filings or NOD’s in Maricopa County which includes east valley cities such as Mesa Tempe Chandler and Gilbert  has risen almost 27% over the previous month.  While some penned up buying demand remains,
The numbers continue to indicate that the proverbial “foreclosure Log Jam” is starting to release. This news has created a buzz amongst homebuyers
Clambering for fresh REO Inventory. As for home sellers correctly positioned in the market this could mean opportunity to capture some of the buzz for themselves through the remainder of the fourth quarter

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