Metro Phoenix housing market has best month in a decade April just might have been the best month for metro Phoenix's housing market in a decade. Foreclosures fell to the lowest level since 2006. Homebuilding continued to rebound. Phoenix kept its spot as one of most affordable big metro areas for ...
More Phoenix homeowners have equity now Fewer metro Phoenix homeowners are underwater now, according to CoreLogic. Approximately 19.5% of the Valley's homeowners owed more than their house is worth as of June 30, down from 21% at the end of this year's first quarter. At the worst of the housing cra ...
Phoenix-area home sales, prices cool in July In Metro Phoenix, both sales and prices dipped in July. Home sales fell 4.5% and the median home sales price inched down to $210,000 compared with June, according to the W.P. Carey School of Business at Arizona State University. The housing market's mode ...
Ariz. homebuilders offering deals New-home prices across metro Phoenix soared too high and too fast in 2012 and 2013 for many buyers to handle, leading to a slump in sales. Home prices have dropped slightly this summer, and builders are trying to lure buyers by offering incentives that include lowe ...
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News Article From: 12-15-2006

The second article, Home resale market gains in Nov., from the Arizona Republic SW Valley, reports on the resale market in the West Valley communities. It reports that so far in 2006 Valleywide, 62,415 sales have occurred through November, down from the 104,360 for the same period in 2005. Glendale's sales decreased from 580 to 350 sales from November 2005 to November 2006, while the median price dipped slightly from $247,250 to $247,000. Peoria dropped from 315 to 225 sales, and its median price slid from $280,000 to $270,000. Surprise decreased from 350 to 200 sales, with the median price dropping from $263,590 to $246,000. Avondale slid from 190 to 115 sales, with the median price falling from $265,000 to $245,000. El Mirage saw sales fall from 105 to 70, with the median price dropping from $225,000 to $200,000. Goodyear decreased from 100 to 80 sales, with the median price falling from $286,500 to $252,000.



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