Phoenix Foreclosure Market: Network News 1:40 Version

Pin It

Ch12 Foreclosure clipToday I had a (very) brief chat with Channel 12 News about the Phoenix foreclosure market.  

Clicking the photo to the right will open video in a new window (sorry, I tried to embed it, but could not get the annoying auto-play feature to cease and desist).

In the segment I referenced “trashed foreclosures”. If you’ve never seen one, take a peek at this:

Like, Tweet, share...

Pin It

 

Other things you can do...

Search for Homes
Email Updates
RSS

About the Author
Jay Thompson

I'm a real estate broker in Phoenix, Arizona and the publisher of the Phoenix Real Estate Guy blog. I tend to drive too fast and scream at the University of Texas and Denver Broncos football teams. My two kids are smarter than most adults I know and my wife is simply amazing.

The Phoenix Real Estate Guy runs on AgentPress

AgentPress is a specialized WordPress theme for real estate agents and brokers, powered by the industry standard Genesis Framework. With AgentPress on your team, you're empowered to get the most out of WordPress for online marketing.

Genesis provides the secure and search-engine-optimized foundation that powers any successful website. And AgentPress provides the specific listing and lead-generation functionality real estate pros need to succeed.

Find out more about AgentPress here.

Comments

We always appreciate your comments! Phoenix Real Estate Guy uses two commenting systems, Facebook and LiveFyre. LiveFyre is the most robust system (and easy to use!). It allows you to login with Twitter, Facebook, Google+ LinkedIn, OpenId, LiveFyre and as a "Guest". I recommend getting a LiveFyre account, it has some great features (just click the LiveFyre button when you write your comment).

 

BLOG COMMENT POLICY: We respectfully ask that you use your real name (first name only is fine) and not use keywords (Why no keywords?). The only real "comment rules" are be civil -- no personal attacks -- and no advertising. (See the full comment policy here). Opinion and debate are welcome, but attack the idea, not the person.

 

LiveFyre Comments

Comments have been disabled for this post.
Sort: Newest | Oldest

That is sad. I don't know if it is criminal or no to do that as long as the owner is the legal owner, but is sure is not right.

Maybe that big hole in the ceiling was where they took down the furnace.

I have see a couple where the plumbing, doors and window were also gone. As well as great big holes in the walls.

Sad folks are so destructive, but then someone other than the owner could have helped themselves to the property as well.

It simply amazes me that people do this - it's not bad enough they stop making payments, foreclosure and hurt their neighbors value but then they steal and trash the home - further reducing the value. It's just not right and these people should go right to jail - better yet -Never own a home again.

**Cindy Knight´s last blog post..Will the Housing Bubble Burst Bankrupt Your City or State?</abbr></abbr>

We are down at the courthouse steps on a daily basis so our inspectors are out early in the morning looking at as many homes as possible. We have seen some left in perfect condition and others with everything including the kitchen sink missing.

**Brewer Caldwell´s last blog post..Brewer Caldwell is the BEST</abbr></abbr>

I loved your .tv video. Its incredible to see a home that trashed. That's a nice tie in to the news story and amazing to hear the less than one month inventory, but of course on something so lucrative got to be careful of scammers.

Dallas Highrises, Condos & Lofts

Phoenix Foreclosure Market: Network News 1:40 Version — The ... http://tinyurl.com/mzvrr4

Phoenix Foreclosure Market: Network News 1:40 Version — The ... http://tinyurl.com/mzvrr4

I have definitely been in some foreclosures in Atlanta that look like the subject property in your "trashed" video. It's so sad to see a once beautiful home get destroyed like that. It's non-sensical to me. I absolutely believe banks should prosecute the sellers who leave homes in such un-liveable condition. It would make people think twice about ripping out cabinets and counters...

I also thought it was very interesting to hear that Pheonix has a less than 30-day supply of foreclosures...that's great! Foreclosures are what's turning here too.

Nice clip. Did they track you down to interview you? Or was it just something that fell together?

Oh goodness, that is so sad to see the home ripped apart like that! My husband's job might have us transferred to Phoenix, so I found your blog and site when I started searching. Thanks for the insight to foreclosures; we will be keeping that in mind if we start house hunting there.

So essentially what you are saying is that the only difference between real estate in Phoenix and Ohio is that it's 80 in January. It's almost like our media is in denial of the condition of these homes and just how torn up they really are.

That home of the video that you did was a complete mess. I can't believe that someone would take out the kitchen counters and the ceiling fan. I'm suprised that they didn't rip out all of the wiring and piping for scrap metal. Congrats on the TV spot! It's always good advertisement appearing on the evening news.

**Scott´s last blog post..Halifax Mortgage Rates as of July 06 2009</abbr></abbr>

A surprisingly objective report from the mainstream media…I find it amusing that even in a fairly straightforward story like this one they can’t help but bring up another real estate scam. Thank goodness we have these crusading journalists who seem to always have the public’s best interest in mind.

**Marty Boardman´s last blog post..The Key to Real Estate Recovery: Affordability</abbr></abbr>

Smellovision {seesmic_video:{"url_thumbnail":{"value":"http://t.seesmic.com/thumbnail/SWlzDNfrmI_th1.jpg"}"title":{"value":"Smellovision "}"videoUri":{"value":"http://www.seesmic.com/video/7bNMdJIABw"}}}

**Jon Griffith´s last blog post..

Great stuff, as usual, Jay. I'm glad some of the banks are starting to prosecute for the vandalism done to some of these properties. It hurts my heart to see once beautiful homes completely trashed.

Care to hazard an opinion on when we might see the number of REO listings return to a more "normal" % of the total number of properties for sale?

Love the .tv story! So interesting for those of us who only hear horror stories of the damage done to foreclosed homes.

**Amy Sellers´s last blog post..Death Is All Around Us</abbr></abbr>

That is sad. I don't know if it is criminal or no to do that as long as the owner is the legal owner, but is sure is not right.

Maybe that big hole in the ceiling was where they took down the furnace.

I have see a couple where the plumbing, doors and window were also gone. As well as great big holes in the walls.

Sad folks are so destructive, but then someone other than the owner could have helped themselves to the property as well.

It simply amazes me that people do this - it's not bad enough they stop making payments, foreclosure and hurt their neighbors value but then they steal and trash the home - further reducing the value. It's just not right and these people should go right to jail - better yet -Never own a home again.

**Cindy Knightu00c2u00b4s last blog post..Will the Housing Bubble Burst Bankrupt Your City or State?</abbr></abbr>

We are down at the courthouse steps on a daily basis so our inspectors are out early in the morning looking at as many homes as possible. We have seen some left in perfect condition and others with everything including the kitchen sink missing.

**Brewer Caldwellu00c2u00b4s last blog post..Brewer Caldwell is the BEST</abbr></abbr>

I loved your .tv video. Its incredible to see a home that trashed. That's a nice tie in to the news story and amazing to hear the less than one month inventory, but of course on something so lucrative got to be careful of scammers.

Dallas Highrises, Condos & Lofts

Phoenix Foreclosure Market: Network News 1:40 Version u00e2u0080u0094 The ... http://tinyurl.com/mzvrr4

Phoenix Foreclosure Market: Network News 1:40 Version u00e2u0080u0094 The ... http://tinyurl.com/mzvrr4

I have definitely been in some foreclosures in Atlanta that look like the subject property in your "trashed" video. It's so sad to see a once beautiful home get destroyed like that. It's non-sensical to me. I absolutely believe banks should prosecute the sellers who leave homes in such un-liveable condition. It would make people think twice about ripping out cabinets and counters...

I also thought it was very interesting to hear that Pheonix has a less than 30-day supply of foreclosures...that's great! Foreclosures are what's turning here too.

Nice clip. Did they track you down to interview you? Or was it just something that fell together?

Oh goodness, that is so sad to see the home ripped apart like that! My husband's job might have us transferred to Phoenix, so I found your blog and site when I started searching. Thanks for the insight to foreclosures; we will be keeping that in mind if we start house hunting there.

So essentially what you are saying is that the only difference between real estate in Phoenix and Ohio is that it's 80 in January. It's almost like our media is in denial of the condition of these homes and just how torn up they really are.

That home of the video that you did was a complete mess. I can't believe that someone would take out the kitchen counters and the ceiling fan. I'm suprised that they didn't rip out all of the wiring and piping for scrap metal. Congrats on the TV spot! It's always good advertisement appearing on the evening news.

**Scottu00c2u00b4s last blog post..Halifax Mortgage Rates as of July 06 2009</abbr></abbr>

A surprisingly objective report from the mainstream mediau00e2u0080u00a6I find it amusing that even in a fairly straightforward story like this one they canu00e2u0080u0099t help but bring up another real estate scam. Thank goodness we have these crusading journalists who seem to always have the publicu00e2u0080u0099s best interest in mind.

**Marty Boardmanu00c2u00b4s last blog post..The Key to Real Estate Recovery: Affordability</abbr></abbr>

Smellovision {seesmic_video:{"url_thumbnail":{"value":"http://t.seesmic.com/thumbnail/SWlzDNfrmI_th1.jpg"}"title":{"value":"Smellovisionu00c2u00a0"}"videoUri":{"value":"http://www.seesmic.com/video/7bNMdJIABw"}}}

**Jon Griffithu00c2u00b4s last blog post..

Great stuff, as usual, Jay. I'm glad some of the banks are starting to prosecute for the vandalism done to some of these properties. It hurts my heart to see once beautiful homes completely trashed.

Care to hazard an opinion on when we might see the number of REO listings return to a more "normal" % of the total number of properties for sale?

Love the .tv story! So interesting for those of us who only hear horror stories of the damage done to foreclosed homes.

**Amy Sellersu00c2u00b4s last blog post..Death Is All Around Us</abbr></abbr>

Facebook Comments

 

The ARMLS logo indicates a property listed by a real estate brokerage other than Thompson's Realty.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Copyright 2012 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Data last updated 2/9/12 8:33 AM PST.

This IDX solution is (c) Diverse Solutions 2012.