The number of bankruptcies has dropped to its lowest level since the spring of 2009

The number of bankruptcies has dropped to its lowest level since the spring of 2009 Jinxin Real Estate According to a report from Arizona State University's Carey School of Business, the proportion of bankruptcies...

The number of bankruptcies has dropped to its lowest level since the spring of 2009 Jinxin Real Estate According to a report from Arizona State University's Carey School of Business, the share of bankruptcies is at its lowest level since the spring of 2009. As of October, bankruptcies accounted for 26% of existing transactions in Phoenix, and in September they accounted for 29%. Today, bankrupt housing transactions accounted for 43% in January. The price of a bankrupt house is relatively favorable, so many buyers hope to find a good price for a bankrupt house. It is not so easy to buy a bankrupt house now. There are also many positive factors in the housing loan market, and loan interest rates have been falling. These have not yet completely stimulated potential purchases, because we cannot say that the real estate market is healthy now. Housing sales in Greater Phoenix were 8,000 in September and 7,200 in October. The median price of a home fell from $135,000 to $125,000 this time last year. For more real estate questions, please contact 480-287-0180 E-mail: goldtrustrealty2010@gmail.com.