Phoenix Area Real Estate Prices Soar

It’s no surprise that the Phoenix real estate market has been leading the charge over the past year as real estate home values have bounced back quite strongly in many cities around the country.  What is surprising though, is how much they have come back here.  A recent study conducted by a Phoenix real estate specialist, Mike Orr found that Phoenix median home prices rose 34 percent in 2012 and foreclosures were down by 51 percent.  To read the rest of the article, please click here.