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 ...
Click Here for All Articles
From Date       To Date

News Article From: 09-14-2005

The article, Economists: Population growth supports Valley home prices, from the Arizona Republic, reports that according to the latest Arizona Blue Chip Economic Forecast, the biggest factor supporting our housing market is a growing population brought about by an availability of local jobs. "While mortgage rates are largely driven by national forces, including monetary policy, there are strong local elements that influence housing prices, and it is these local factors that account for variability in the risk of falling prices," said Lee McPheters, Arizona Blue Chip contributing editor. McPheters speculated that Arizona home prices will continue to move higher, although perhaps at a more moderate rate.
Invest With Leonid © 2007
A CompuGor Website