Using the number of searches for “arizona homes” on Google as a proxy for the underlying demand, it appears the demand for Arizona homes has not started to rebound yet.
This certainly fits the fact that the current low mortgage interest rates haven’t spurred home sales.
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July 24, 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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