April showers Metro Phoenix with housing boon

By Catherine Reagor | The Republic

April just might have been the best month for metro Phoenix’s housing market in a decade.

A look at key indicators and some national rankings show why the Valley’s housing market appears to be stronger than it’s been since the boom and crash.

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 homebuyers. And a national moving survey shows the Valley is one of the top 10 U.S. areas where people are moving.

Also, many of the buyers needed for the Valley’s housing market to finally fully recover are here.

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May 27, 2016

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April showers Metro Phoenix with housing boon

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