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Market Conditions

To buy or not to buy: That is the question.

Consider a typical Phoenix home that sells for $275,961. You put down 20% and get a 30-year fixed-rate mortgage at today's rate of 5.5%. Monthly principal and interest come to $1,566.88. Let's say that 12 months from now the same house goes for...

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Arizona Ranks Third in Rising Home Sales

While home prices continue to drop across the nation, only two states are seeing a larger increase in home sales than Arizona, according to the National Association of Realtors. Ninety percent of the nation’s metropolitan areas reported lo...

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South Phoenix Market Report – January 2008

Single family market shows slight decline of 4.3% in sales volume in the month of January 2008 comparing to the previous month of December 2007. Condos' and townhouses' market is in a much critical decline of 22.97% for the South Phoenix area. ...

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