Maricopa: Part 1

Introducing Phoenix Flippers In Trouble

As part of the ongoing efforts to document the collapse of the national real estate market, I am proud to announce Phoenix Flippers In Trouble. Like its Sacramento cousin, this site is intended to provide a counterpoint to the arguments made by real estate industry folks that there is no downside to real estate investing.

If you have any questions, I encourage you to first look at the FAQ posted on my Sacramento site before making a comment. I hope you find this information as informative as I have.

*Note: Due to a coding error, the addresses on subsequent pages show a "CA" instead of "AZ". Rest assured these are all Maricopa and Pinal County, AZ listings. The error will be fixed on Saturday.

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4733 E INDIAN BEND RD Paradise Valley, AZ 85253

Total Loss: $885,000 Percent Loss: 43.0% Asking Price: $1,175,000 Bedrooms:6 Baths: 6 Sq. feet:4001 Listing History: Down 32.9% from $1,750,000 On 2007-08-25 Down 24.2% from $1,550,000 On 2007-09-15 Down 9.6% from $1,300,000 On 2007-09-29 Days on market: 57 # of Times Listed: 2 Previous Sales: Sold on 2005-08-12 for $1,350,000 Sold on 2005-08-12 for $1,350,000 Sold on 2006-08-21 for $2,060,000 Sold on 2006-08-21 for $2,060,000 MLS# 2829531 Google Maps

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26942 N 103RD ST Scottsdale, AZ 85262

Total Loss: $805,000 Percent Loss: 17.9% Asking Price: $3,695,000 Bedrooms:4 Baths: 5 Sq. feet:5001 Listing History: Down 19.6% from $4,595,000 On 2007-07-28 Days on market: 85 # of Times Listed: 1 Previous Sales: Sold on 2006-06-26 for $4,500,000 MLS# 2737217 Google Maps

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6503 E VALLEY VISTA LN Paradise Valley, AZ 85253

Total Loss: $545,000 Percent Loss: 12.1% Asking Price: $3,950,000 Bedrooms:5 Baths: 6 Sq. feet:5001 Listing History: Down 17.6% from $4,795,000 On 2007-07-28 Down 12.1% from $4,495,000 On 2007-08-11 Days on market: 85 # of Times Listed: 1 Previous Sales: Sold on 2006-09-05 for $4,495,000 Sold on 2006-09-05 for $4,495,000 MLS# 2648237 Google Maps

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36404 N 27TH PL Cave Creek, AZ 85331

Total Loss: $535,000 Percent Loss: 44.6% Asking Price: $665,000 Bedrooms:4 Baths: 3 Sq. feet:4001 Listing History: Down 5.0% from $699,900 On 2007-07-28 Days on market: 85 # of Times Listed: 1 Previous Sales: Sold on 2005-01-25 for $500,000 Sold on 2005-04-28 for $800,000 Sold on 2006-03-14 for $1,200,000 MLS# 2810358 Google Maps

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10260 E FILAREE LN Scottsdale, AZ 85262

Total Loss: $520,000 Percent Loss: 34.7% Asking Price: $979,900 Bedrooms:3 Baths: 3 Sq. feet:3001 Listing History: Down 2.0% from $1,000,000 On 2007-08-25 Days on market: 57 # of Times Listed: 2 Previous Sales: Sold on 2005-01-03 for $850,000 Sold on 2006-04-25 for $1,499,900 MLS# 2826420 Google Maps

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40710 N CLUB POINTE DR Phoenix, AZ 85086

Total Loss: $500,000 Percent Loss: 41.7% Asking Price: $700,000 Bedrooms:5 Baths: 5 Sq. feet:4001 Listing History: Down 8.5% from $765,000 On 2007-08-04 Days on market: 78 # of Times Listed: 2 Previous Sales: Sold on 2004-11-24 for $517,978 Sold on 2005-10-31 for $750,000 Sold on 2006-11-28 for $1,200,000 MLS# 2812238 Google Maps

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41717 N CLUB POINTE DR Anthem, AZ 85086

Total Loss: $475,000 Percent Loss: 43.2% Asking Price: $625,000 Bedrooms:4 Baths: 4 Sq. feet:4001 Listing History: Down 30.5% from $899,900 On 2007-08-04 Down 10.6% from $699,000 On 2007-09-08 Days on market: 78 # of Times Listed: 2 Previous Sales: Sold on 2005-12-28 for $698,860 Sold on 2006-05-26 for $1,100,000 MLS# 2812825 Google Maps

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7692 E PONTEBELLA DR Scottsdale, AZ 85262

Total Loss: $464,500 Percent Loss: 33.2% Asking Price: $935,500 Bedrooms:4 Baths: 4 Sq. feet:4001 Listing History: Down 2.1% from $955,500 On 2007-09-08 Days on market: 43 # of Times Listed: 2 Previous Sales: Sold on 2005-06-10 for $810,000 Sold on 2006-04-18 for $1,400,000 MLS# 2838339 Google Maps

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7487 E CAMINO RAYO DE LUZ Scottsdale, AZ 85262

Total Loss: $451,000 Percent Loss: 31.1% Asking Price: $999,000 Bedrooms:3 Baths: 4 Sq. feet:3501 Listing History: Down 8.7% from $1,094,000 On 2007-07-28 Days on market: 85 # of Times Listed: 2 Previous Sales: Sold on 2005-08-04 for $1,018,609 Sold on 2005-08-18 for $1,018,609 Sold on 2005-09-27 for $1,450,000 MLS# 2804678 Google Maps

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9774 E FORGOTTEN HILLS DR Scottsdale, AZ 85262

Total Loss: $450,100 Percent Loss: 36.0% Asking Price: $799,900 Bedrooms:3 Baths: 4 Sq. feet:3001 Listing History: Down 36.0% from $1,250,000 On 2007-07-28 Down 11.0% from $899,000 On 2007-08-25 Days on market: 85 # of Times Listed: 3 Previous Sales: Sold on 2005-06-27 for $725,000 Sold on 2006-10-17 for $1,250,000 MLS# 2826478 Google Maps

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5300 W ENCANTO VERDE DR Queen Creek, AZ 85242

Total Loss: $435,000 Percent Loss: 46.5% Asking Price: $500,000 Bedrooms:5 Baths: 3 Sq. feet:3501 Listing History: Down 37.5% from $800,000 On 2007-07-28 Days on market: 85 # of Times Listed: 1 Previous Sales: Sold on 2006-11-07 for $935,000 Sold on 2006-11-07 for $935,000 MLS# 2811204 Google Maps

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8106 E VISTA BONITA DR Scottsdale, AZ 85255

Total Loss: $400,000 Percent Loss: 32.0% Asking Price: $850,000 Bedrooms:4 Baths: 3 Sq. feet:3501 Listing History: Down 10.5% from $950,000 On 2007-07-28 Down 7.6% from $920,000 On 2007-08-04 Down 4.5% from $890,000 On 2007-08-11 Down 1.2% from $860,000 On 2007-08-18 Up 6.2% from $800,000 On 2007-09-08 Days on market: 85 # of Times Listed: 1 Previous Sales: Sold on 2006-02-27 for $960,000 Sold on 2006-04-18 for $1,250,000 MLS# 2801652 Google Maps

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124 E WAGON WHEEL DR Phoenix, AZ 85020

Total Loss: $393,100 Percent Loss: 43.3% Asking Price: $514,900 Bedrooms: Baths: Sq. feet:5001 Listing History: Down 2.8% from $529,900 On 2007-08-18 Days on market: 64 # of Times Listed: 2 Previous Sales: Sold on 2005-06-03 for $735,000 Sold on 2006-06-05 for $908,000 MLS# 2825224 Google Maps

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16862 E PARLIN DR Fountain Hills, AZ 85268

Total Loss: $375,000 Percent Loss: 31.2% Asking Price: $825,000 Bedrooms:4 Baths: 4 Sq. feet:4001 Listing History: Down 4.8% from $867,000 On 2007-08-04 Days on market: 78 # of Times Listed: 2 Previous Sales: Sold on 2005-10-24 for $1,200,000 MLS# 2815143 Google Maps

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6636 E DALE LN Cave Creek, AZ 85331

Total Loss: $372,085 Percent Loss: 11.0% Asking Price: $3,000,000 Bedrooms:4 Baths: 3 Sq. feet:2751 Days on market: 78 # of Times Listed: 2 Previous Sales: Sold on 2005-08-26 for $2,950,000 Sold on 2006-10-31 for $3,372,085 MLS# 2815093 Google Maps

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15904 E VENETIAN LN Fountain Hills, AZ 85268

Total Loss: $360,100 Percent Loss: 36.0% Asking Price: $639,900 Bedrooms:4 Baths: 3 Sq. feet:3001 Listing History: Down 8.5% from $699,000 On 2007-07-28 Down 1.5% from $649,900 On 2007-09-08 Days on market: 85 # of Times Listed: 3 Previous Sales: Sold on 2003-05-28 for $450,000 Sold on 2005-10-24 for $1,000,000 MLS# 2838433 Google Maps

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5128 N 68TH PL Paradise Valley, AZ 85253

Total Loss: $355,000 Percent Loss: 27.2% Asking Price: $950,000 Bedrooms:5 Baths: 4 Sq. feet:3001 Listing History: Down 32.1% from $1,400,000 On 2007-07-28 Days on market: 85 # of Times Listed: 1 Previous Sales: Sold on 2006-06-26 for $795,000 Sold on 2006-06-26 for $795,000 Sold on 2007-06-11 for $1,305,000 Sold on 2007-06-11 for $1,305,000 Likely REO MLS# 2799315 Google Maps

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30125 N 152ND PL Scottsdale, AZ 85262

Total Loss: $340,000 Percent Loss: 34.3% Asking Price: $650,000 Bedrooms:4 Baths: 3 Sq. feet:3001 Listing History: Down 38.1% from $1,050,000 On 2007-07-28 Down 13.3% from $750,000 On 2007-08-04 Down 9.6% from $719,000 On 2007-09-01 Days on market: 85 # of Times Listed: 1 Previous Sales: Sold on 2007-02-20 for $990,000 MLS# 2787421 Google Maps

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16613 S 27TH LN Phoenix, AZ 85045

Total Loss: $317,000 Percent Loss: 41.3% Asking Price: $450,000 Bedrooms:5 Baths: 4 Sq. feet:3001 Listing History: Down 28.6% from $630,000 On 2007-07-28 Down 28.0% from $625,000 On 2007-08-04 Down 27.4% from $620,000 On 2007-08-18 Down 18.2% from $550,000 On 2007-09-08 Down 9.8% from $499,000 On 2007-09-29 Days on market: 85 # of Times Listed: 1 Previous Sales: Sold on 2004-11-17 for $390,000 Sold on 2006-02-27 for $767,000 MLS# 2751655 Google Maps

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24297 S 198TH PL Queen Creek, AZ 85242

Total Loss: $315,100 Percent Loss: 35.4% Asking Price: $574,900 Bedrooms:4 Baths: 4 Sq. feet:3501 Days on market: 8 # of Times Listed: 2 Previous Sales: Sold on 2006-10-10 for $890,000 Sold on 2006-10-10 for $890,000 MLS# 2860928 Google Maps

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1117 W SOUSA CT Anthem, AZ 85086

Total Loss: $310,100 Percent Loss: 29.5% Asking Price: $739,900 Bedrooms:4 Baths: 5 Sq. feet:3501 Listing History: Down 14.9% from $869,900 On 2007-07-28 Down 13.5% from $854,900 On 2007-08-18 Days on market: 85 # of Times Listed: 1 Previous Sales: Sold on 2004-06-25 for $509,989 Sold on 2005-05-11 for $840,000 Sold on 2006-05-26 for $1,050,000 MLS# 2808200 Google Maps

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23595 S 202ND ST Queen Creek, AZ 85242

Total Loss: $290,000 Percent Loss: 38.4% Asking Price: $465,000 Bedrooms:4 Baths: 3 Sq. feet:2501 Days on market: 8 # of Times Listed: 2 Previous Sales: Sold on 2005-06-27 for $610,000 Sold on 2005-06-27 for $610,000 Sold on 2006-10-31 for $755,000 Sold on 2006-10-31 for $755,000 MLS# 2857932 Google Maps

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15102 E MUSTANG DR Fountain Hills, AZ 85268

Total Loss: $280,000 Percent Loss: 41.8% Asking Price: $390,000 Bedrooms:3 Baths: 2 Sq. feet:2251 Listing History: Down 6.0% from $415,000 On 2007-08-11 Days on market: 71 # of Times Listed: 2 Previous Sales: Sold on 2004-10-27 for $395,100 Sold on 2005-05-19 for $450,000 Sold on 2005-08-26 for $670,000 MLS# 2819565 Google Maps

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16715 W LOWER BUCKEYE RD Goodyear, AZ 85338

Total Loss: $278,000 Percent Loss: 34.2% Asking Price: $534,500 Bedrooms:3 Baths: 3 Sq. feet:2751 Days on market: 85 # of Times Listed: 1 Previous Sales: Sold on 2006-07-25 for $812,500 Sold on 2006-07-25 for $812,500 MLS# 2645833 Google Maps

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42035 N MOSS SPRINGS RD Anthem, AZ 85086

Total Loss: $277,100 Percent Loss: 31.7% Asking Price: $597,900 Bedrooms:4 Baths: 4 Sq. feet:3501 Days on market: 15 # of Times Listed: 2 Previous Sales: Sold on 2005-11-25 for $875,000 MLS# 2857145 Google Maps

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2732 W CEDARWOOD LN Phoenix, AZ 85045

Total Loss: $260,100 Percent Loss: 37.7% Asking Price: $429,900 Bedrooms:5 Baths: 3 Sq. feet:2501 Days on market: 8 # of Times Listed: 2 Previous Sales: Sold on 2003-08-26 for $271,276 Sold on 2007-01-05 for $690,000 MLS# 2858804 Google Maps

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6502 N 63RD PL Paradise Valley, AZ 85253

Total Loss: $255,000 Percent Loss: 15.5% Asking Price: $1,395,000 Bedrooms:4 Baths: 4 Sq. feet:3501 Days on market: 85 # of Times Listed: 1 Previous Sales: Sold on 2006-06-20 for $1,055,000 Sold on 2006-06-20 for $1,055,000 Sold on 2006-10-23 for $1,650,000 Sold on 2006-10-23 for $1,650,000 MLS# 2756686 Google Maps

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855 W SYCAMORE CT Litchfield Park, AZ 85340

Total Loss: $250,000 Percent Loss: 35.7% Asking Price: $450,000 Bedrooms:4 Baths: 3 Sq. feet:2751 Days on market: 64 # of Times Listed: 2 Previous Sales: Sold on 2005-08-18 for $466,701 Sold on 2006-03-07 for $649,990 Sold on 2006-10-03 for $700,000 MLS# 2824087 Google Maps

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18436 W RANCHO CT Litchfield Park, AZ 85340

Total Loss: $246,000 Percent Loss: 26.0% Asking Price: $699,900 Bedrooms:4 Baths: 3 Sq. feet:3001 Listing History: Down 9.7% from $774,900 On 2007-08-11 Down 6.0% from $744,900 On 2007-09-01 Days on market: 71 # of Times Listed: 2 Previous Sales: Sold on 2006-10-03 for $945,900 MLS# 2816053 Google Maps

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9302 E HORSESHOE BEND DR Scottsdale, AZ 85255

Total Loss: $242,100 Percent Loss: 26.9% Asking Price: $657,900 Bedrooms:4 Baths: 3 Sq. feet:2501 Listing History: Down 5.1% from $692,900 On 2007-07-28 Days on market: 85 # of Times Listed: 2 Previous Sales: Sold on 2006-05-26 for $900,000 MLS# 2773142 Google Maps

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4933 W FALLEN LEAF LN Glendale, AZ 85310

Total Loss: $240,100 Percent Loss: 26.7% Asking Price: $659,900 Bedrooms:4 Baths: 4 Sq. feet:3001 Days on market: 36 # of Times Listed: 2 Previous Sales: Sold on 2006-10-31 for $900,000 MLS# 2843298 Google Maps

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41910 N OAKLAND CT Anthem, AZ 85086

Total Loss: $230,000 Percent Loss: 32.2% Asking Price: $485,000 Bedrooms:4 Baths: 4 Sq. feet:3001 Listing History: Down 10.8% from $543,900 On 2007-07-28 Down 3.0% from $499,900 On 2007-09-01 Days on market: 85 # of Times Listed: 1 Previous Sales: Sold on 2005-07-05 for $715,000 MLS# 2687268 Google Maps

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12099 E CLINTON ST Scottsdale, AZ 85259

Total Loss: $230,000 Percent Loss: 31.5% Asking Price: $500,000 Bedrooms:3 Baths: 3 Sq. feet:3001 Listing History: Down 34.2% from $760,000 On 2007-08-04 Down 26.5% from $680,000 On 2007-08-18 Down 21.9% from $640,000 On 2007-08-25 Down 10.7% from $560,000 On 2007-09-08 Days on market: 78 # of Times Listed: 2 Previous Sales: Sold on 2003-07-29 for $394,000 Sold on 2006-08-21 for $730,000 MLS# 2812587 Google Maps

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4101 E WALTANN LN Phoenix, AZ 85032

Total Loss: $230,000 Percent Loss: 35.4% Asking Price: $420,000 Bedrooms:3 Baths: 2 Sq. feet:2001 Listing History: Down 35.4% from $650,000 On 2007-07-28 Down 12.5% from $479,900 On 2007-09-15 Days on market: 85 # of Times Listed: 3 Previous Sales: Sold on 2005-03-28 for $650,000 MLS# 2843094 Google Maps

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15249 W PIERSON ST Goodyear, AZ 85338

Total Loss: $227,270 Percent Loss: 32.7% Asking Price: $466,900 Bedrooms:6 Baths: 5 Sq. feet:4001 Listing History: Down 9.7% from $516,900 On 2007-08-18 Down 6.6% from $499,900 On 2007-09-08 Down 5.1% from $491,900 On 2007-09-29 Days on market: 64 # of Times Listed: 2 Previous Sales: Sold on 2006-09-26 for $694,170 Sold on 2006-09-26 for $694,170 MLS# 2821813 Google Maps

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17511 E SAN MARCUS DR Fountain Hills, AZ 85268

Total Loss: $226,000 Percent Loss: 34.5% Asking Price: $429,000 Bedrooms:5 Baths: 4 Sq. feet:3001 Listing History: Down 15.9% from $510,000 On 2007-07-28 Down 12.4% from $490,000 On 2007-08-11 Down 7.7% from $465,000 On 2007-09-01 Days on market: 85 # of Times Listed: 1 Previous Sales: Sold on 2006-06-26 for $600,000 Sold on 2007-02-05 for $655,000 MLS# 2790121 Google Maps

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1742 S PLEASANT DR Chandler, AZ 85248

Total Loss: $225,100 Percent Loss: 19.2% Asking Price: $949,900 Bedrooms:4 Baths: 5 Sq. feet:4001 Days on market: 22 # of Times Listed: 2 Previous Sales: Sold on 2005-01-07 for $192,500 Sold on 2007-01-22 for $1,175,000 MLS# 2846620 Google Maps

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2635 E VERBENA DR Phoenix, AZ 85048

Total Loss: $225,100 Percent Loss: 34.1% Asking Price: $434,900 Bedrooms:5 Baths: 3 Sq. feet:3001 Listing History: Down 8.4% from $474,900 On 2007-07-28 Down 6.5% from $464,900 On 2007-08-18 Down 2.2% from $444,900 On 2007-09-29 Days on market: 85 # of Times Listed: 1 Previous Sales: Sold on 2006-05-26 for $660,000 MLS# 2777624 Google Maps

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2653 E VERBENA DR Phoenix, AZ 85048

Total Loss: $225,000 Percent Loss: 34.6% Asking Price: $425,000 Bedrooms:5 Baths: 3 Sq. feet:3001 Listing History: Down 5.6% from $450,000 On 2007-09-15 Days on market: 36 # of Times Listed: 2 Previous Sales: Sold on 2006-03-28 for $650,000 MLS# 2842041 Google Maps

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12113 E LAUREL LN Scottsdale, AZ 85259

Total Loss: $225,000 Percent Loss: 18.4% Asking Price: $995,000 Bedrooms:5 Baths: 3 Sq. feet:3501 Days on market: 57 # of Times Listed: 2 Previous Sales: Sold on 2007-01-22 for $1,220,000 MLS# 2826409 Google Maps

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620 S BOULDER CT Gilbert, AZ 85296

Total Loss: $221,000 Percent Loss: 27.6% Asking Price: $579,000 Bedrooms:5 Baths: 4 Sq. feet:3001 Listing History: Down 6.6% from $620,000 On 2007-08-11 Down 3.3% from $599,000 On 2007-09-01 Days on market: 71 # of Times Listed: 2 Previous Sales: Sold on 2005-07-05 for $515,000 Sold on 2005-10-24 for $595,000 Sold on 2006-10-23 for $800,000 MLS# 2817586 Google Maps

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1331 W WAYNE CT Anthem, AZ 85086

Total Loss: $220,500 Percent Loss: 32.0% Asking Price: $469,500 Bedrooms:4 Baths: 4 Sq. feet:3001 Listing History: Down 5.1% from $494,900 On 2007-08-18 Down 4.2% from $489,900 On 2007-09-15 Days on market: 64 # of Times Listed: 2 Previous Sales: Sold on 2005-05-11 for $605,730 Sold on 2006-07-11 for $690,000 MLS# 2822707 Google Maps

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18634 W RANCHO CT Litchfield Park, AZ 85340

Total Loss: $217,780 Percent Loss: 22.3% Asking Price: $757,000 Bedrooms:3 Baths: 4 Sq. feet:4001 Listing History: Down 22.0% from $970,000 On 2007-07-28 Down 13.5% from $875,000 On 2007-08-18 Down 8.2% from $825,000 On 2007-08-25 Down 2.6% from $777,000 On 2007-09-15 Days on market: 85 # of Times Listed: 1 Previous Sales: Sold on 2006-06-30 for $974,780 MLS# 2621455 Google Maps

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1859 E SOUTH FORK DR Ahwatukee, AZ 85048

Total Loss: $215,100 Percent Loss: 33.9% Asking Price: $419,900 Bedrooms:4 Baths: 3 Sq. feet:2501 Days on market: 85 # of Times Listed: 1 Previous Sales: Sold on 2005-06-27 for $525,000 Sold on 2006-04-18 for $635,000 MLS# 2859852 Google Maps

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20832 S 184TH PL Queen Creek, AZ 85242

Total Loss: $215,050 Percent Loss: 42.9% Asking Price: $285,950 Bedrooms:3 Baths: 2 Sq. feet:2501 Listing History: Down 13.3% from $329,900 On 2007-07-28 Down 9.5% from $315,900 On 2007-08-04 Down 4.7% from $299,950 On 2007-09-08 Days on market: 85 # of Times Listed: 1 Previous Sales: Sold on 2005-06-10 for $379,900 Sold on 2005-06-10 for $379,900 Sold on 2005-12-07 for $501,000 Sold on 2005-12-07 for $501,000 MLS# 2711488 Google Maps

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2659 E VIRGO PL Chandler, AZ 85249

Total Loss: $215,000 Percent Loss: 18.7% Asking Price: $935,000 Bedrooms:5 Baths: 4 Sq. feet:4501 Listing History: Down 36.4% from $1,469,900 On 2007-07-28 Down 6.0% from $995,000 On 2007-09-29 Days on market: 85 # of Times Listed: 1 Previous Sales: Sold on 2006-04-18 for $1,150,000 MLS# 2730790 Google Maps

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10571 N 96TH PL Scottsdale, AZ 85258

Total Loss: $210,000 Percent Loss: 26.2% Asking Price: $590,000 Bedrooms:4 Baths: 3 Sq. feet:3001 Listing History: Down 7.8% from $640,000 On 2007-08-25 Days on market: 57 # of Times Listed: 2 Previous Sales: Sold on 2005-12-28 for $800,000 MLS# 2828855 Google Maps

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13507 W COLTER ST Litchfield Park, AZ 85340

Total Loss: $208,100 Percent Loss: 27.7% Asking Price: $541,900 Bedrooms:5 Baths: 5 Sq. feet:4501 Listing History: Down 4.9% from $569,900 On 2007-08-11 Down 2.9% from $557,900 On 2007-09-15 Days on market: 71 # of Times Listed: 2 Previous Sales: Sold on 2004-07-23 for $510,000 Sold on 2005-12-20 for $750,000 MLS# 2819814 Google Maps

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9051 W CLARA LN Peoria, AZ 85382

Total Loss: $205,100 Percent Loss: 38.3% Asking Price: $329,900 Bedrooms:4 Baths: 3 Sq. feet:2751 Listing History: Down 13.2% from $380,000 On 2007-09-08 Days on market: 43 # of Times Listed: 2 Previous Sales: Sold on 2006-09-12 for $535,000 MLS# 2837670 Google Maps

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6730 S ASHLEY CT Chandler, AZ 85249

Total Loss: $205,000 Percent Loss: 38.7% Asking Price: $325,000 Bedrooms:4 Baths: 3 Sq. feet:2751 Listing History: Down 9.7% from $359,900 On 2007-09-01 Days on market: 50 # of Times Listed: 2 Previous Sales: Sold on 2004-03-12 for $205,000 Sold on 2006-11-06 for $530,000 MLS# 2831002 Google Maps

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2376 S PORTER ST Gilbert, AZ 85296

Total Loss: $204,100 Percent Loss: 33.2% Asking Price: $410,900 Bedrooms:5 Baths: 3 Sq. feet:3001 Listing History: Down 17.7% from $499,000 On 2007-07-28 Down 2.9% from $423,000 On 2007-09-08 Days on market: 85 # of Times Listed: 3 Previous Sales: Sold on 2003-06-24 for $270,000 Sold on 2006-09-26 for $615,000 MLS# 2834704 Google Maps

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5639 E THUNDERBIRD RD Scottsdale, AZ 85254

Total Loss: $203,500 Percent Loss: 30.2% Asking Price: $470,500 Bedrooms:4 Baths: 2 Sq. feet:2251 Listing History: Down 3.0% from $485,000 On 2007-08-11 Days on market: 71 # of Times Listed: 2 Previous Sales: Sold on 2005-07-27 for $449,900 Sold on 2005-10-14 for $598,000 Sold on 2006-08-08 for $674,000 MLS# 2819545 Google Maps

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5723 W ABRAHAM LN Glendale, AZ 85308

Total Loss: $200,100 Percent Loss: 25.0% Asking Price: $599,900 Bedrooms:4 Baths: 3 Sq. feet:3001 Days on market: 71 # of Times Listed: 1 Previous Sales: Sold on 2005-03-02 for $529,900 Sold on 2005-09-27 for $659,900 Sold on 2006-10-10 for $800,000 MLS# 2864291 Google Maps

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7656 E ASTER DR Scottsdale, AZ 85260

Total Loss: $200,100 Percent Loss: 26.7% Asking Price: $549,900 Bedrooms:4 Baths: 2 Sq. feet:2501 Days on market: 85 # of Times Listed: 1 Previous Sales: Sold on 2005-06-27 for $650,000 Sold on 2006-07-11 for $750,000 MLS# 2862727 Google Maps

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18168 W DESERT BLOSSOM DR Goodyear, AZ 85338

Total Loss: $200,100 Percent Loss: 42.6% Asking Price: $269,900 Bedrooms:5 Baths: 3 Sq. feet:2501 Listing History: Down 8.5% from $294,900 On 2007-07-28 Down 5.3% from $284,900 On 2007-08-11 Down 3.6% from $279,900 On 2007-09-01 Days on market: 85 # of Times Listed: 2 Previous Sales: Sold on 2005-12-20 for $470,000 Sold on 2005-12-20 for $470,000 MLS# 2803025 Google Maps

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202 W CARSON RD Phoenix, AZ 85041

Total Loss: $200,000 Percent Loss: 30.8% Asking Price: $450,000 Bedrooms:3 Baths: 3 Sq. feet:1601 Days on market: 43 # of Times Listed: 2 Previous Sales: Sold on 2006-01-20 for $650,000 MLS# 2576872 Google Maps

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12802 N 65TH PL Scottsdale, AZ 85254

Total Loss: $197,500 Percent Loss: 26.3% Asking Price: $552,500 Bedrooms:3 Baths: 2 Sq. feet:2251 Listing History: Down 7.9% from $600,000 On 2007-07-28 Down 6.2% from $589,000 On 2007-08-18 Down 4.7% from $580,000 On 2007-09-08 Down 2.2% from $565,000 On 2007-09-29 Days on market: 85 # of Times Listed: 1 Previous Sales: Sold on 2005-04-28 for $485,000 Sold on 2006-03-21 for $750,000 MLS# 2809050 Google Maps

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2638 W DESERT CREEK LN Desert Hills, AZ 85086

Total Loss: $195,000 Percent Loss: 25.7% Asking Price: $565,000 Bedrooms:4 Baths: 4 Sq. feet:3001 Listing History: Down 24.7% from $750,000 On 2007-08-25 Down 17.5% from $684,900 On 2007-09-01 Down 12.5% from $645,900 On 2007-09-15 Down 6.6% from $605,000 On 2007-09-29 Down 5.7% from $599,000 On 2007-10-06 Days on market: 57 # of Times Listed: 2 Previous Sales: Sold on 2006-12-05 for $760,000 MLS# 2828175 Google Maps

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1673 E CINDY ST Chandler, AZ 85225

Total Loss: $195,000 Percent Loss: 46.4% Asking Price: $225,000 Bedrooms:3 Baths: 2 Sq. feet:1801 Listing History: Down 19.6% from $280,000 On 2007-09-15 Down 2.2% from $230,000 On 2007-09-29 Days on market: 36 # of Times Listed: 2 Previous Sales: Sold on 2005-09-02 for $270,000 Sold on 2006-10-31 for $420,000 MLS# 2841661 Google Maps

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8104 E DEL PLOMO DR Scottsdale, AZ 85258

Total Loss: $193,100 Percent Loss: 23.6% Asking Price: $625,000 Bedrooms:3 Baths: 3 Sq. feet:2751 Days on market: 71 # of Times Listed: 1 Previous Sales: Sold on 2005-07-05 for $610,000 Sold on 2006-04-18 for $818,100 MLS# 2861622 Google Maps

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16441 E ARROYO VISTA DR Fountain Hills, AZ 85268

Total Loss: $192,100 Percent Loss: 26.7% Asking Price: $527,900 Bedrooms:4 Baths: 5 Sq. feet:2251 Days on market: 85 # of Times Listed: 1 Previous Sales: Sold on 2005-10-31 for $720,000 MLS# 2863258 Google Maps

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813 E OCOTILLO RD Phoenix, AZ 85014

Total Loss: $191,100 Percent Loss: 26.0% Asking Price: $544,900 Bedrooms:4 Baths: 3 Sq. feet:2751 Listing History: Down 22.0% from $699,000 On 2007-07-28 Days on market: 85 # of Times Listed: 2 Previous Sales: Sold on 2004-10-05 for $365,000 Sold on 2006-03-31 for $736,000 MLS# 2865253 Google Maps

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15433 N 37TH ST Phoenix, AZ 85032

Total Loss: $190,100 Percent Loss: 19.2% Asking Price: $799,900 Bedrooms:4 Baths: 3 Sq. feet:3001 Days on market: 22 # of Times Listed: 2 Previous Sales: Sold on 2005-06-03 for $750,000 Sold on 2007-03-05 for $990,000 MLS# 2847413 Google Maps

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5486 W POTTER DR Glendale, AZ 85308

Total Loss: $190,000 Percent Loss: 31.1% Asking Price: $420,000 Bedrooms:3 Baths: 2 Sq. feet:2001 Listing History: Down 11.6% from $475,000 On 2007-07-28 Days on market: 85 # of Times Listed: 1 Previous Sales: Sold on 2005-08-18 for $520,000 Sold on 2006-06-26 for $610,000 MLS# 2799221 Google Maps

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14617 N WINSTON LN Fountain Hills, AZ 85268

Total Loss: $190,000 Percent Loss: 30.4% Asking Price: $435,000 Bedrooms:3 Baths: 2 Sq. feet:1801 Listing History: Down 9.4% from $479,900 On 2007-07-28 Down 7.4% from $469,900 On 2007-08-11 Down 1.1% from $439,900 On 2007-09-08 Days on market: 85 # of Times Listed: 1 Previous Sales: Sold on 2005-07-05 for $358,500 Sold on 2006-01-27 for $625,000 MLS# 2789895 Google Maps

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9957 E WHITEWING DR Scottsdale, AZ 85262

Total Loss: $190,000 Percent Loss: 17.6% Asking Price: $890,000 Bedrooms:5 Baths: 3 Sq. feet:3501 Listing History: Down 4.8% from $934,500 On 2007-08-04 Down 1.1% from $899,900 On 2007-09-08 Days on market: 78 # of Times Listed: 2 Previous Sales: Sold on 2005-10-24 for $1,080,000 MLS# 2813202 Google Maps

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3006 W VIA DE PEDRO MIGUEL Phoenix, AZ 85086

Total Loss: $189,100 Percent Loss: 32.1% Asking Price: $399,900 Bedrooms:4 Baths: 3 Sq. feet:3501 Listing History: Down 10.9% from $449,000 On 2007-07-28 Down 4.6% from $419,000 On 2007-09-29 Days on market: 85 # of Times Listed: 1 Previous Sales: Sold on 2005-03-02 for $354,159 Sold on 2006-04-10 for $589,000 MLS# 2767307 Google Maps

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34810 N 24TH LN Phoenix, AZ 85086

Total Loss: $186,100 Percent Loss: 28.2% Asking Price: $474,900 Bedrooms:5 Baths: 4 Sq. feet:3501 Days on market: 8 # of Times Listed: 2 Previous Sales: Sold on 2004-12-27 for $340,753 Sold on 2006-10-03 for $661,000 MLS# 2857650 Google Maps

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6841 E GELDING DR Scottsdale, AZ 85254

Total Loss: $185,100 Percent Loss: 23.6% Asking Price: $599,900 Bedrooms:4 Baths: 2 Sq. feet:2751 Listing History: Down 4.0% from $624,900 On 2007-07-28 Days on market: 85 # of Times Listed: 1 Previous Sales: Sold on 2005-08-04 for $625,000 Sold on 2006-02-09 for $785,000 MLS# 2776874 Google Maps

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1313 W LATHAM ST Phoenix, AZ 85007

Total Loss: $185,100 Percent Loss: 46.9% Asking Price: $209,900 Bedrooms:2 Baths: Sq. feet:1201 Listing History: Down 8.7% from $229,900 On 2007-09-08 Days on market: 43 # of Times Listed: 2 Previous Sales: Sold on 2005-07-12 for $325,000 Sold on 2006-03-31 for $395,000 MLS# 2836181 Google Maps

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18514 W RANCHO CT Litchfield Park, AZ 85340

Total Loss: $184,800 Percent Loss: 19.4% Asking Price: $770,000 Bedrooms:3 Baths: 4 Sq. feet:3501 Days on market: 8 # of Times Listed: 2 Previous Sales: Sold on 2006-10-10 for $954,800 MLS# 2860618 Google Maps

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9012 E BLANCHE DR Scottsdale, AZ 85260

Total Loss: $183,000 Percent Loss: 26.8% Asking Price: $499,000 Bedrooms:3 Baths: 3 Sq. feet:2751 Listing History: Down 5.8% from $529,900 On 2007-07-28 Down 5.0% from $525,500 On 2007-09-15 Days on market: 85 # of Times Listed: 3 Previous Sales: Sold on 2004-11-24 for $450,000 Sold on 2005-07-05 for $590,000 Sold on 2006-12-11 for $682,000 MLS# 2843171 Google Maps

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2919 E CEDAR PL Chandler, AZ 85249

Total Loss: $182,500 Percent Loss: 29.2% Asking Price: $442,500 Bedrooms:5 Baths: 4 Sq. feet:4001 Days on market: 22 # of Times Listed: 2 Previous Sales: Sold on 2005-11-07 for $521,000 Sold on 2006-06-05 for $625,000 MLS# 2844404 Google Maps

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20750 N 87TH ST Scottsdale, AZ 85255

Total Loss: $178,902 Percent Loss: 31.7% Asking Price: $384,900 Bedrooms:2 Baths: 2 Sq. feet:1201 Listing History: Down 14.0% from $447,654 On 2007-07-28 Down 14.4% from $449,654 On 2007-09-01 Days on market: 85 # of Times Listed: 1 Previous Sales: Sold on 2006-03-21 for $528,906 Sold on 2006-04-25 for $563,802 MLS# 2746685 Google Maps

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3005 W GRAN PARADISO DR Phoenix, AZ 85086

Total Loss: $177,100 Percent Loss: 24.9% Asking Price: $532,900 Bedrooms:5 Baths: 4 Sq. feet:3501 Days on market: 85 # of Times Listed: 1 Previous Sales: Sold on 2003-07-08 for $293,411 Sold on 2005-04-01 for $451,500 Sold on 2006-08-28 for $710,000 MLS# 2864599 Google Maps

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Total 2423 in Maricopa County
Sum of Losses: $123,323,103