Phoenix housing market ‘staying strong’ while nation sees dropoff

BY KTAR.COM

While the nation is experiencing somewhat of a housing market slump, not every area is experiencing the dropoff.

According to Zillow, cities like Phoenix have actually seen their housing markets maintain stability.

“There are some very large markets nationwide that are slowing down. Places like Los Angeles, the Bay Area, like Seattle,” Aaron Terrazas, senior economist for Zillow told KTAR News 92.3 FM on Friday. “On the other hand, there are places that are celebrating or staying strong. Places like Las Vegas and Phoenix and Atlanta.”

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