Permits dip helps balance supply
Last month's dramatic drop in building permits for homes across metropolitan Phoenix may look like one more piece of bad news for the already struggling real-estate market.
Initiative would roll back property taxes
Hoping to capitalize on homeowners' angst over rising property-tax bills, another citizens group is targeting the tax with a Proposition 13-style initiative planned for the 2008 state ballot.
The Valley condominium market
Valley condominium prices have been a little more erratic than the rest of the housing market. The Arizona Republic data shows that new condos fare better in many areas, drivng up overall median prices.
Valley housing market forecast
Most market watchers don't think Valley housing has hit bottom, but they view the current corrections in the market as good steps toward recovery.
Housing market tips
Even thouugh the housing market is down, there are some things to keep in mind as people continue to buy and sell homes.
Many sellers slash prices to sell homes
Southeast Valley home sellers employ new tactics in this buyer's market.
Goodyear - 85338
This southwest Valley area, home to the massive development Estrella Mountain Ranch, saw the biggest plunge in the West Valley.
Mesa - 85207
This east Mesa suburb bucked the trends.
Scottsdale - 85262
This upscale north Scottsdale ZIP code posted the third-biggest increase in the Valley.
Phoenix - 85021
This area offers some of the most affordable, bigger homes in central Phoenix.
Pinal County
Many Valley home buyers drove until they qualified during the boom of 2004 and '05, and some didn't stop until they were deep in Pinal County.
Spring '07: Experts divided on whether market will improve
The euphoria of rising home values and quick sales for big money is evaporating. The questions now for the Valley's housing market: When will the market bottom and how far will prices fall?