Phoenix Projected To Be Top Housing Market In 2017

Published: Thursday, December 1, 2016 - 3:10pm
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Sky Schaudt/KJZZ
Home sold in north Peoria in 2015.

The Valley’s relationship with real estate has been up and down, featuring some of the best and worst runs of any market in the country.

Over the past couple of years, normalcy has set in with prices gradually going up and foreclosures going down. And now, the website Realtor.com is projecting that Phoenix will be the top housing market in the U.S. in 2017— based upon price gains and sales growth.

To figure out what that could really mean, we spoke with Mark Stapp, executive director of the Master of Real Estate Development program at ASU.

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