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: 06-28-2006

The first article Phoenix tops U.S. in home price appreciation from The Business Journal reports that Phoenix continues to have the highest home price appreciation across the country, according to the PMI U.S. Market Risk Index, released Tuesday.  Homes values in the Valley jumped by 31.1 percent from first-quarter 2005 to first-quarter 2006, based on a review of repeat sales. The PMI Risk Index measures geographic house-price risk by predicting the probability of a regional decline in home prices over the next two years for the nation's 50 largest metro areas over the next two years. Phoenix clocked in with a 17.5 percent chance of decline.

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