10 fastest growing Real estate markets

Read article here

I had to post this because since we have stepped into the foreclosure side of the business, I must tell you I agree with this article, I dont believe our local markets will see a swing in the pendulum till 2010, 2009 will most likely stay like it is... slow in the normal resale market, HOT in the bank owned market.

The last week of May the county recorder's office (I believe it was Maricopa County only I was
looking at) had almost 1200 homeowner's notified of foreclosure's pending! Even a typical week has 400-500 homes, that's typical?? We are going to be in this mess for quite awhile, so buckle up and hold on, it looks like it might be a bumpy ride!!

When you read this article you will also see that the supposed 10 fastest growing are not posting double digit equity jumps- so minimal they are hardly worth mentioning; other than they aren't negative.

Yours to Count On,
Erika Madsen
Real Estate Consultant
Re/Max Power Realty
"Your Advisory Team" Founder/Manager
480-695-6572

p.s. if you or anyone you know is considering a move in the current real estate market- you deserve an agent who has a strong knowledge to help you succeed! Visit http://www.PhoenixAreaMls.com/ to learn more about Your Advisory Team & Our Performance GUARANTEES!!