PHOENIX - Researchers at Arizona State University say metropolitan Phoenix's real estate market saw signs of improvement in January compared to the same month a year ago.
A report from the university's W. P. Carey School of Business says the improvements seen last month include higher prices for single-family homes and fewer foreclosures.
The median price for all sales was $120,500 in January, up from $113,166 during the same month a year earlier.
Maricopa and Pinal counties recorded about 2,450 single-family home foreclosures in January. That's down from almost 4,200 foreclosures a year earlier.
Source:http://ktar.com/6/1505891/Real-estate-experts-say-Phoenix-sees-improvements
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