REALTOR.org is reporting on a Zillow.com (an online real estate research firm) analysis that shows home values stabilizing. It is estimated that in 2008, home values fell by $3.6 trillion across the U.S. while in the 1st 11 months of this year the value fell by $489 billion.
Zillow provides a list of markets that are exhibiting home price increases. Number 5 on the list for home value decreases is Phoenix. Read the REALTOR.org article here.
HUD homes still offer great value in Cochise County. Check out some of the HUD properties here.
Don Grafues
Resource: REALTOR.org & Zillow.com (12/0920/09)
Resource: REALTOR.org & Zillow.com (12/0920/09)