Phoenix Real Estate: So long Depreciation…. Hello Appreciation!
“….. prices may actually appreciate the most this year, the
firm expects Orlando, Fla. home prices to rise 11.7%, hard-hit Bakersfield,
Calif. 11.1%, government jobs-driven Washington, D.C. 9.3%, foreclosure-riddled
Phoenix, Ariz. 8.9%, and sales-heavy Miami, Fla. 8.8%”. [Has The Housing Markt Hit Its Bottom? Forbes.com, 1/10/12]