October 23, 2024 4:23 pm
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[COLUMN] Investors might need to rethink gold, real-estate issues in 2014

InvestorsBy Harold Wong | Tempe Republic

(Editor’s note: Posting opinion pieces does not necessarily reflect the opinions of Rose Law Group.)

Home prices and metal prices are two key indicators of where our economy might be headed in 2 014 .

Boom in real estate

The Valley has had a huge boom in home prices over the past three years, and particularly in 2012 and 2013. In March 2000, the median home price in the Phoenix metropolitan area was $125,000. After that, a crazy real-estate boom took off and the median price peaked at $264,800 in June 2006. In May 2011, the median price bottomed out at to qualify for a mortgage.

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© 2024 Rose Law Group Reporter

Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.