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Phoenix Home Prices Have Fallen 30-50%


  Phoenix real estate prices have fallen dramatically during 2007-2009. Never before has the Phoenix housing market crashed so rapidly. It is a once in a generation opportunity for Canadians to get a home at rock bottom prices. It is more affordable than ever to Enjoy the Lifestyle You Deserve.
 



According to many economic indicators the Phoenix real estate market is hitting the bottom. Home prices are no longer decreasing the way they were previously. Foreclosures are drying up which is adding stability to the market. The number of foreclosures on the mls were down 40% in a single month between February 2009 and March 2009! As the foreclosures disappear the downward push on prices also disappears.

There have been many recent articles in Phoenix newspapers and media about the intense bidding wars on remaining foreclosures and properties, especially in the lowest price ranges below $200,000. If you are considering purchasing a home in Phoenix, the time to act is now. If you wait too long, you may regret it and pay more for the home.

Recent Articles on Phoenix Real Estate Market

Decline Has Bottomed Out
September Foreclosures Down and Prices Up
Phoenix's Housing Bust Goes Boom
Bidding Battles Hit Phoenix Housing Market
Promising Signs From Valley Housing Data
Study Shows Phoenix Prices May Be Bottoming Out

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