Monday, February 23, 2009

Median home prices now higher in Tucson

"The median price of a home is now higher in metro Tucson than it is in the Phoenix area.

Median home prices have traditionally been slightly lower in Tucson than Phoenix. But speculative development and out-of-state investment fueled the housing bubble in Maricopa County, and the disparity between home prices in the two markets grew.

Now the bubble has burst, and the foreclosure mess has flipped the housing market upside down."

Click below to read more...

Median home prices now higher in Tucson

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