By Editorial board | The Republic | azcentral.com
(Editor’s note: Posting opinion pieces does not necessarily reflect the opinions of Rose Law Group.)
Feeling a bit bruised or grumpy after the recent shenanigans in Washington? No wonder.
If you want some cheering news, look homeward.
Reporting by The Arizona Republic’s Catherine Reagor shows the Valley’s housing market continues to move toward a natural balance.
Foreclosures and short sales have dropped dramatically and fewer homeowners are underwater. According to The Republic’s fall Valley Home Values special report, prices are up in every neighborhood — by double digits in most areas.
This is driving investors out of the market because there’s less quick profit to be made. That — coupled with more houses on the market — creates opportunities for traditional homebuyers.
