median Archives

Median Price Not Full Story For Phoenix Market


The median price for resale homes in the Phoenix area has been edging up for several months. Does this signal that the market is approaching normalcy? Jay Butler, associate professor of real estate and author of the Realty Studies report from the W. P. Carey School of Business, talks about the factors affecting median price,… Read More →

Falling Prices, More Foreclosures Plague The Valley’s Housing Market

by in Economy | Featured | Real Estate

The housing market in the Phoenix metro area continues to tread through troubled waters. According to a new report from the W. P. Carey School of Business at Arizona State University, the median price for an existing home in the Valley fell for the third straight month. Making matters worse, foreclosures continue to weigh down… Read More →