Values jump for some Ariz. homes, flat for others; Millennials, boomerang buyers credited for climb

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By Angie Koehle | ABC 15

Valley homes worth less than a quarter million dollars are growing in value according to the latest real estate report from the W.P. Carey School of Business at Arizona State University. The report credits increased appreciation of those homes to a lot of people wanting them and there not being a lot of them available.

Among the big buyers: millennials purchasing a first home and people who lost theirs in the housing crisis and are now back in the market.

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