Will Arizona's Housing Market Slow Down With The Rest Of The U.S. Economy?
All signs say that consumer confidence is high and the economy is strong, but it turns out, the housing market is slowing, at least nationally.
The S&P Case-Shiller home price index, which charts U.S. repeat house sales, says that even though home prices rose by 5.9 percent in July, that was the slowest pace of growth seen in the last 10 months. So is the Valley’s housing market also headed for stagnation?
To talk about that, Jim Belfiore, founder and CEO of Belfiore Real Estate Consulting, joined The Show.