State economy improving, but slowly

The housing market is healthy, not overheated’

The Arizona Republic

Several positive signs show Arizona’s economy is improving, although slowly. Besides the jobless rate, one of the indicators that matters most to consumers is the median home price, which fell 65 percent during the recession and erased much of the accumulated wealth for many Arizona families.

The average home price is up about 30 percent in the past year, and the number of houses for sale is at a six-year low.

While there is some concern that the warming market resembles the pre-recession bubble in real estate, experts said there are differences, including fewer investor deals and the return of more traditional buyers and sellers.

Continued:

 

 

 

 

 

Share this!

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

August 2012
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031