Fed adopts new rule limiting 'too big to fail' bailouts

Fed adopts new rule limiting 'too big to fail' bailouts

New emergency lending policy targets 'broad-based' issues, not specific firms

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

Game changer? Quicken Loans takes mortgage lending fully digital

Launches Rocket Mortgage
Real Estate / The Ticker

Phoenix, Las Vegas home prices soar

Sharp appreciation sparks bubble concerns

neighborhood houses1
/ Print / Reprints /
| Share More
/ Text Size+

Phoenix home prices may have increased 21%, while homes in Las Vegas sold at levels 23% higher, but there's no assurance of a long-term housing recovery, the Phoenix Business Journal reports. The paper exposed some of the rumors now surfacing in the two markets:

The sharp increase in home prices in Phoenix and Las Vegas is leading some real estate experts to say both areas are seeing price bubbles.

The two markets were the hardest hit during the recession, with homes in each losing between 50% and 60% of their value.

Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus