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The Real Estate Network
The Phoenix Real Estate Weekly
Blog by Barb Savoy-Pacella
Scottsdale, Arizona
With market changes taking place rapidly, in addition to our monthly e-newsletter, we will also be providing a weekly blog for those who prefer to receive information more than once per month. SubscribeRecent CommentsArchive |
The Phoenix Real Estate WeeklyFebruary 2009
Feb. 27, 2009
The affordability index for the Phoenix market is 106%, additionally, there are some terrific incentives for first time home buyers as a result of the economic stimulus package.
Feb. 21, 2009
In the Phoenix market, new listings are down 12% over the same time period in 2008, and closed escrows are up 66%.
Feb. 13, 2009
Sales continue to increase, inventory continues to melt, but values are still eroding.
Feb. 6, 2009
Listing inventory continues to decline in the Phoenix market as pending sales increase 76% and closed escrows increase 61%.
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