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Arizona home prices not returning to peak until 2038

Arizona home prices not returning to peak until 2038

According to CNNMoney, the Fiserv group estimates that the U.S. may be caught up to peak home price levels by 2023, but for Arizona it will be much longer.

Arizona, California and Nevada are specifically mentioned as the last states to recover. Arizona is estimated to have a 2.7 percent price growth rate over the next five years, putting its recovery to peak prices at about 2038.  Read more…

By |2012-10-02T12:20:09+00:00October 2nd, 2012|Arizona, Housing Market, Real Estate|0 Comments

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