Phoenix Home Prices Up 30%... but, NOT Headed for Another Housing Bust

Below are links to two excellent articles by Reporter Kristena Hansen of the Phoenix Business Journal.

Jun 10, 2013
Low supply pushes Phoenix-area home prices up 30 percent in past year
"Limited supply, waning investor interest and a nosedive in foreclosure activity once again pushed metro Phoenix home prices higher in April, according to the latest housing report by Arizona State University."


June 11, 2013
Why Phoenix is NOT Headed for Another Housing Bust
Michael Orr, Director, Center for Real Estate Theory & Practice at Arizona State University, shares his thoughts on why Phoenix isn't heading for another housing bust.