November 24, 2024 11:13 pm
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Phoenix housing prices set new records, creating challenges for home buyers

By Jason Barry | AZ Family

Phoenix just set another record for home prices, as the median home price hits $359,300 and climbing.We look at which zip codes have seen the biggest jump in home value over the past year.

PHOENIX (3TV/CBS 5) – Janna Stults and her family live near Seattle, but they’re looking to move back to the Phoenix area. The only problem – home prices are skyrocketing and they cant find anything they can afford.

“Seeing a price increase of $75,000 over a period of 8 weeks is very excessive to me,” said Stults. “We have some money we saved for a down payment, but we are quickly getting priced out of certain areas.”

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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.