Foreclosed homes gained value more rapidly since recovery than other homes, and in many markets, are more valuable now than ever before, according to Zillow

Phoenix foreclosure sales

Since the housing market recovery began, foreclosed homes have risen 74.5 percent in value in relation to approximately 46 percent for all homes. According to a new analysis from Zillow, the value of homes foreclosed on throughout the Great … [Read more...]

Metro Phoenix’s population is expected to grow by 700,000 by 2026

Arizona will add close to 543,000 net new jobs through 2026, a figure based on a 10-year estimate that includes 2018 and 2017 from the state Office of Economic Opportunity.. The state’s  1.7 percent annual growth rate is higher than the … [Read more...]

Phoenix celebrates long-awaited housing price recovery

Phoenix home prices recovery

Metro-Phoenix celebrates long-awaited housing price recovery Valley homeowners are breathing a collective sigh of relief as the area’s median home price sailed past the city’s previous record set back in 2006, according to new data from the Arizona … [Read more...]