A Steep Cliff--Phoenix Notices of Trustee's Sales
It would seem, now, that the question is no longer "Is there a housing bubble?", but "How big is the pop going to be?"Check it out here.
It would seem, now, that the question is no longer "Is there a housing bubble?", but "How big is the pop going to be?"Check it out here.
Posted by Lippard at 12/16/2006 03:20:00 PM
Labels: Arizona, economics, housing bubble
1 comment:
A bit of an update, in lieu of putting up a whole new graph (which I will do in February):
December saw a slight dip in the numbers, with the total getting to "only" 1407 notices recorded--79 less than November.
However, January 2nd saw an astounding 98 notices filed that day. If the past week's pace keeps up, this month's total is likely to beat the 11-year high (1738, set in January of '03). If it weren't for the MLK holiday, I wouldn't rule out the possibility of surpassing 2000!
Stay tuned.
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