Bank owned foreclosures are coming on the market at a fast rate in Phoenix, but they are being snatched up as fast as they are coming on the market. It is rare to see a foreclosure under $100,000 come on the Phoenix market and not be under contract in a week. That does not mean there are not deals to be had though.
Many investors right now are looking for houses in the Phoenix market under $70,000. While a home coming on the market at $70,000 is likely to sell above that, there are still plenty of homes to chose from.
At the time of this writing, there were 1,006 active single family detached homes in the Phoenix market with at least 3 bedrooms and 2 baths. These houses are a hot commodity for investors and first time home buyers. You no longer need to go searching, by clicking on this new link we created for single family detached homes with 3/2 you can see all the active listings on the MLS. As the houses are added they will automatically be added here.
Within this search this search you will be able to search even further. So go ahead and book mark this page and come back any time to see what is on the market today.
