Housing affordability is much better in metro Phoenix than it has been historically. In fact, metro Phoenix housing is 13% more affordable than it normally has been.
This interactive graphic from The Wall Street Journal shows how incredibly affordable metro Phoenix housing is. It certainly supports the idea of an over-correction in metro Phoenix housing prices.
August 17, 2011 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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