Wednesday, May 30, 2012

Phoenix Booming

Home prices up in most cities; among biggest gains - Phoenix
Metro Phoenix home prices are rising faster than anywhere else in the country, according to the latest national data. The Case-Shiller Home Price Index shows the average existing home price in the Phoenix metro area in March increased 2.2% over February of this year. That's the largest increase of any of the 20 major U.S. cities tracked.
Read article - azcentral.com



Americans' Perspective on Home Ownership Shifts
Home ownership is getting more emotional than it used to be. According to a new survey, Americans are increasingly saying that the real value of home ownership is emotional, not financial. That marks a stark contrast from Americans' perspectives on home ownership during the housing boom, in which they mostly viewed it as a financial venture. The more emotional ties to home ownership are causing Americans to get more practical in their home buying.
Read article - Realtor Magazine

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