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Foreclosure hotspots show signs of housing turnaround

Several housing markets hit by the foreclosure wave are beginning to show signs of a turnaround with prices appreciating and home inventory levels starting to decline, Move Inc. said in its Top Turnaround Town report Wednesday.

The top turnaround towns include the Phoenix-Mesa area in Arizona, as well as Miami and the Orlando, Fla. markets.

In Phoenix-Mesa, the year-over-year home price appreciation grew 26.94%, while inventory levels declined 48.04%.

Read More: Foreclosure hotspots show signs of housing turnaround | HousingWire.

Author Bio:

Travis Saxton | Managing Partner In 2010 we had Travis Saxton, our Managing Partner, join our team and he has been working closely with many real estate technology and marketing companies and understands what brokerages and sales professionals need and want to become successful. He is featured weekly in industry publications, webinars, presentations, and regularly presents at national conferences and regional meetings.



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