Christian Broadwell, a designated broker and Realtor in the Phoenix, Arizona, region, notes that the area is "seeing what looks like a bottom to the market. Home sales are flat in most areas and rising in others."

What's hot in Phoenix? Condos and townhomes in the Tempe area are a hot commodity at this time.

Christian goes on to report to Realty Times that the median home price this summer was $255,000. Current statistics are indicating average home prices are now near $282,000, with a market time of 104 days.

Phoenix now ranks as the 5th largest city in the United States. And with many upscale areas, historical features, and nightlife to satisfy most unique tastes, Phoenix offers year round conditions for any type of life style.

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Published: November 29, 2007

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