When the housing market crashed, it affected the majority of the nation’s large housing markets. Here in Arizona, the bubble was artificially high and so the subsequent burst was nearly catastrophic to the market in general. The housing market here is improving, which is good news for the nation because Arizona was one of the hardest hit states during the crash. However, the folks in Washington, D.C. are seeing a real recovery with sellers in a position to raise prices instead of lower them.


Photo: Images_of_Money/Flickr

The opinions expressed by MNN Bloggers and those providing comments are theirs alone, and do not reflect the opinions of MNN.com. While we have reviewed their content to make sure it complies with our Terms and Conditions, MNN is not responsible for the accuracy of any of their information.