How Phoenix's housing market fared in 2009

There’s no doubt that 2009 was a horrible year for metropolitan
Phoenix’s real estate market. What most people hope is that it
will be the worst year ever recorded, and 2010 will be better.
Here are some final figures for last year, and not all are as bad
as expected.
There were 7,723 Phoenix-area home sales recorded in December,
according to Mike Orr’s Cromford Report. That’s more than double
the number of home sales from December 2008. Last month’s hearty
sales pace puts the annual total for the area at 92,435, which is
up 50 percent from a year ago and near 2006’s pace.
Foreclosures showed signs of slowing during …

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