U.S. foreclosure outlook doesn’t look so good

Fannie Mae delinquencies rise sharply in November.

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This suggests a lot more foreclosures are coming down the pike putting a lot more downward pressure on home prices in the United States.

But the United States is not Arizona. Arizona residential real estate may start to recover while the United States residential market as a whole is still falling.

January 28, 2010 by Realtor John Wake

About The Author

John Wake

Born in Phoenix, trained as an economist and now a licensed Realtor, John uses hard data from the real estate market to help his clients -- buyers and sellers of residential real estate -- uncover their best choices for finding the right home or finding a buyer for their current home.

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