Here's more troubling info on the mortgage front. But, once again this is a great buying opportunity for anyone who has ever thought about owning a rental property. There are foreclosures all over the valley.

http://www.azcentral.com/arizonarepublic/news/articles/2008/07/22/20080722foreclosure0722.html

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!!