Take a look at the map below, I did a quick search for all bank-owned properties that sold in Tucson since the beginning of the year and expected to see localized clusters of REOs. I was surprised to see that the carnage was pretty uniformly widespread with total sales in the amount of 1,863.
Guess everyone is feeling the pinch now; with the large amount of short sales we currently have on the market these REOs will be around for awhile. Give me a buzz if you’re interested in some great or search for Tucson Foreclosures here.
Check out these possibly related posts:
- Tucson Market Continues to Be Paced by Homes Under $250k
- Tucson Short Sales – Part 4 – The Offer Is In To The Bank
- Tucson Short Sales – Part 1 – What are Short Sales?
- Tucson Short Sales – Part 5 – End Game Short Sales
- Tucson Short Sales – Part 2 – I Am Ready to Short Sale My Home.. What Are The Repercussions?









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