Investors are still buying metro Phoenix homes

Real-Estate-Investor-300x198Catherine Reagor | The Arizona Republic

During July, 27 percent of all houses sold in Maricopa County were purchased by investors, according to the latest monthly real-estate report from Arizona State University. That compares with 40 percent in July 2012.

Metro Phoenix’s median home price has climbed more than 60 percent during the past two years.

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