Your Phoenix Short Sale specialist has researched some minor changes in the Phoenix Real Estate market.  Since last weeks edition of Mad Statistic Monday on www.shortsalesdoneasy.com we have seen an increase in the amount of foreclosures.  Short Sales saw a slight increase on the number of new short sales to market.

*****In the MLS, there are currently currently 34997 active listings…of those active listings 10003 are short sale and 6307 are foreclosures

****Homes under contract in the MLS—17800 very high number with 10500 short sales under contract and 3600 foreclosures under contract

*****Home sold within the last 30 days total 8069 with 2934 foreclosures sold and 2134 short sales sold.

Numbers that stick out are the high number of short sales listed and under contract vs sold.  When we take a look at short sale vs foreclosure, foreclosure purchases are continuing to beat the number of short sales sold because the inability of the bank to become more efficient with their short sale process.  Visit www.shortsalesdoneeasy.com for your free short sale survival guide.