Changes in positive and negative assets in the Phoenix real estate market

> Changes in positive and negative assets in the Phoenix real estate market In the Greater Phoenix housing market, many people own their own houses, but some of them have positive housing equity...

> The average price of houses in Greater Phoenix in February 2005 was US$188,900. In May 2006, the average price of houses became US$253,500. In the summer of 2008, the average home price was still $200,000. The average home price dropped to $190,000 in August 2008. The average price of homes recently was $196,000. As of June 30 this year, 19.5% of the houses were insolvent, a decrease of 50% from 2009. But this year, compared with 2012 and 2013, the housing market has been much slower. Home prices are still rising, but sales are much smaller. For more information about real estate, please contact Tinna (480)287-0180 E-mail:Goldtrustrealty2010@gmail.com