By Joanne Drilling, Mignon A. Gould | Phoenix Business Journal
While the impact of the Federal Reserve’s interest rate cuts on the housing market remains to be seen, several Arizona ZIP codes have seen brisk home sales despite the higher rates. Three of those ZIP codes are in Maricopa County, which is Arizona’s most populous county and still one of the fastest-growing in the nation.
East Valley ZIP codes 85284 (Tempe), 85224 (Chandler) and 85203 (Mesa) led the way in the second quarter, with homes on the market for the least amount of days — 55, 56 and 57 days on average, respectively.
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