Wednesday, January 23, 2013

Phoneix Home Prices Level Out?

The good news for most people who are upside down on their homes this last year is that we have seen a steady increase in housing prices. This means that people who were only a bit upside down a few months ago might actually be back in the green.

The bad news however is that according to recent statistics we might be seeing prices level off. Most of this is probably due to a natural slow down in the market around holidays but the bigger reason might be the fact that banks and home owners are taking advantage of the higher prices and marketing properties out of the range for many first time home buyers.




iDeal Realty & Management
9051 W Kelton Lane, Suite 10
Peoria, Arizona 85382
(623) 201-3544

No comments:

Post a Comment