The Phoenix housing market is starting to get a lot of media attention both in Phoenix and in other areas. Here are links to some recent articles that may be of interest to you. The AZ Republic is even reporting some price increases for homes in the area.
Amid Housing Bust, Phoenix Begins a New Frenzy – New York Times, May 23, 2009
First-time buyers grab foreclosures – AZ Republic, May 27, 2009
Phoenix’s housing bust goes boom – LA Times, May 18, 2009