Phoenix region home sales fell last month to the lowest level for an August in 14 years amid especially weak new-home sales. Demand from investors remained relatively strong, especially for the lowest-cost homes, which helped push the median sale price down for the second consecutive month, a real estate information service reported.
Free e-newsletter
Our daily newsletter is FREE and keeps you up to date with the world of mortgage.
Please complete the form below and click on SIGN UP to receive daily e-newsletters from Mortgage Professional.