Phoenix-area housing market corrected, low inventory creating competition
© Provided by Arizona’s Family According to ARMLS, median home prices in March were set at $419,000, $56,000 lower than May 2022′s record-high median of $475,000. PHOENIX (3TV/CBS 5) – The Valley housing market is cooling down, experts said, correcting after what used to be one of the hottest markets in the country. Median home…