Phoenix, AZ had a year-over-year price increase at 26.0%

It looks like things are finally starting to turn around and here is the proof! The time is now, you are missing the boat by waiting to buy a house. This is a wonderful article about the bounceback that real estate has received the past year. Overall, the average asking home prices are 5.1% in 2012, which is a huge turnaround after falling 4.3% in 2011. This trend has continued in 2013 and will probably steadily increase throughout the year. What an exciting time!