Anthem AZ real estate market update June ’08

The real estate market continues to remain brisk in Anthem through the month of June.  The R.E.O. (bank owned) properties continue to be the hot commodity on the market.  Unfortunately they are driving down the values of everyone’s homes.  But on the bright side, they are being purchased at rapid clips, which hopefully means we will be through this mess soon and the R.E.O.’s will then no longer constitute the best comparables when it comes to appraisal.

Click here to view the latest Anthem AZ real estate stats.

Click here for more information about the Phoenix real estate market.

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