Article Image
News Link • Arizona's Top News

Double dip is looming for Valley home prices

• Arizona Republic

Metro Phoenix home prices are headed for a new low, if they haven't already hit it.

Median prices for the sale of existing homes have been falling since June, when a federal homebuyer tax credit expired and an increase in foreclosures helped drive down prices that had been steady for nearly a year.

A new low would create a double dip in a market that has already been on a harrowing ride.


Join us on our Social Networks:


Share this page with your friends on your favorite social network: