Yes, Virginia, the Phoenix area median home price bottomed out more than a year ago! It’s likely, however, that some sub-markets within the Phoenix area have not bottomed out yet.
Video Explanation
April 25, 2010 by Realtor John Wake
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John Wake
Born in Phoenix, trained as an economist and now a licensed Realtor, John uses hard data from the real estate market to help his clients -- buyers and sellers of residential real estate -- uncover their best choices for finding the right home or finding a buyer for their current home.
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