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Phoenix Home Prices Up

Phoenix Home Prices Improve

Phoenix is one 91 cities out of 152  across the country to post an increase in home prices during the past year.

Results from the National Association of Realtors latest survey, released Today, show existing home prices climbed 9.1  percent in the Phoenix-area for the 12 months ended March 31st.  The region’s median [...]

New Homes Sales Rise 4.7%

New-Home Sales Rise 4.7%

Source: Wall Street Journal

Sales of new homes rose in February for the first time in seven months, the Commerce Department reported Wednesday, another sign that the housing market is thawing.

The increase was fueled by higher activity in the South and West, where deals on foreclosures and other “distressed” properties, particularly in [...]