With big price gains, waning investor interest, and plunging foreclosure activity, the metro Phoenix housing market was looking more “normal” this summer than it’s been for several years, according to a new report by Arizona State University. Even the number of buyers and sellers has finally begun showing some signs of balance after two years of a chronic shortage of homes for sale. But there is still much room for improvement, particularly in the new-home market where sales rates are still less than one third of what’s necessary to keep pace with the Valley’s current population growth
For full article see: http://www.bizjournals.com/phoenix/blog/business/2013/09/is-the-phoenix-housing-market-finally.html
