Housing recovery: From the ground, cautious optimism

Dan Kinkaid, manager of the Sherwin-Williams Paint Store, said the store is seeing “a pretty steady, upward trend.” /  Steven King:Dispatch
Dan Kinkaid, manager of the Sherwin-Williams Paint Store, said the store is seeing “a pretty steady, upward trend.” / Steven King:Dispatch

By Christina Sampson | Casa Grande Dispatch

A litany of statistics point to the light at the end of a long, dark recession tunnel that began when a housing bubble burst around 2008.

A recent housing report from the W.P. Carey School of Business at Arizona State University said the price of a median single-family home in Pinal County is $190,000, up 27 percent from June 2012. The same report concluded rising interest rates were spurring people to buy homes because they want to lock in the rates on the low end.

According to a recent Dispatch news story, the Pinal County Assessor’s Office says home prices are 25 percent higher than they were during first quarter of 2012.

But how does that look to non-real estate agents who make their living off the housing market?

Continued:

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