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Good News ! - Home prices in Greater Phoenix drop record amount in last 12 months !!

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Mortgage and Lending with Liberty One Lending

Original content by James Wexler

Ok, ok, .... Maybe good news is pushing it a little.

And I don't at all want to sound happy or overjoyed as home values, and people's net worth slightly deteriorate..

However, after everyone catches their breath from this news and looks a little deeper past this fright filled front page headline in which a report showed an average home price drop accross the board for towns like Phoenix, Scottsdale, Fountain Hills, Gilbert, Mesa and Tempe (not Paradise Valley). it may a little more easily digested as a case of "Glass Half-Full" versus "Half Empty"....

Here's one man's humble of Why!!

 

1) It's a Buyer's market

2) Lenders easing credit

3) Lower interest rates

4) Reduction in inventory

5) Consumer confidence

(the rest of article continued)

 

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Copyright © 2008 By James Wexler, All Rights Reserved. Good News ! - Home prices in Greater Phoenix drop record amount in last 12 months !!*

 

 

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