Home prices in the East Valley
continue to increase. The median price
in May was up 20% to last year and flat month to month.
Prices are still well
below the peak.
Distressed properties
(short sales and bank owned) account for 15% of homes on the market compared to
30% last year. We are seeing a gradual
increase in equity sellers listing their homes for sale.
Thinking of selling? Call to discuss your
home’s value in today’s market.
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