Is the Phoenix Market Normalizing? With big price gains, waning - TopicsExpress

Is the Phoenix Market Normalizing? With big price gains, waning investor interest and plunging foreclosure activity, the metro Phoenix housing market was looking more “normal” this summer than its 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.

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