Feb 10th 2011 9:39AM
We've been hearing the drill for a while now: Home prices are down, having dropped 2.6 percent nationwide during the last three months of 2010. Foreclosures keep coming as if they were on an assembly line. In Phoenix, it is estimated that as many as 70 percent of homeowners are underwater on their loans. The story is not... Continue Reading »
Jan 9th 2011 9:24AM
With our top stories this week on topics like sinking home values and foreclosure sales, it seems like we may not have left the housing gloom behind in 2010. See what else our readers were into this week: 1. White House Real Estate Value Drops Does it sometimes feel like you're the only one who got short-changed by the... Continue Reading »
Jan 3rd 2011 11:44AM
We all know that Phoenix real estate has taken one of the hardest beatings in the nation. Now new data is emerging that may indicate the dreaded double dip. The Arizona Regional Multiple Listing Service index, based on pending purchase agreements, shows Phoenix home prices hit a new record low of $115,000... Continue Reading »
Jan 3rd 2011 9:44AM
Sarah Palin's daughter is doing her part to stem the Phoenix housing crisis: Bristol Palin, 20, has purchased a Phoenix-area foreclosure. According to filed reports, she paid $172,000 for a foreclosed home in the northern part of a Phoenix bedroom community called Maricopa, Ariz. She snapped it up from a North Dakota... Continue Reading »
Dec 3rd 2010 12:32PM
As Phoenix home prices hover around 50 percent less than their peak, twenty-something buyers are making a move, says an area real estate agent. In October, homebuyers paid a median $128,722 for new and resale houses and condos that closed escrow in the Phoenix metro area; that's down 51.3 percent from the peak $264,100... Continue Reading »
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