Greater Phoenix Blog

More and more it’s looking like the local housing bubble just isn’t going to burst.

It may take sellers a little longer to close a deal on their homes, but odds are they’re not going to be losing any money. That’s according to Arizona State University’s latest edition of the Arizona Blue Chip Economic Forecast.

Although sales are down and inventories are up, home prices have not collapsed. The experts say it increasingly seems unlikely that home price declines, if any, will be very large in Arizona.  That makes NOW and excellent time to buy, as inventories are loaded with high quality offerings at superb prices!

(3 votes, average: 3.67 out of 5)

 Loading ...

The Scottsdale Convention and Visitors Bureau has discovered some surprises in its annual visitor study.

Denver and San Diego represent two of the fastest growing markets for new visitors to Scottsdale. As a result, the CVB is planning for increased advertising in those markets this year.

The study also found that one-third of Scottsdale’s visitors came to the city at least twice during the 12-month period of the survey. That’s an increase from the 29 percent in 2005.

(2 votes, average: 5 out of 5)

 Loading ...