housing market

KNAU and Arizona News
4:36 pm
Tue November 20, 2012

Housing Starts in AZ Up

A home in California under construction.
Credit Rishichhibber

Housing starts across the country are at their highest annual rate since 2008.

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KNAU and Arizona News
4:00 am
Tue May 8, 2012

Phoenix Housing Market Undeniably Up

Ken Peterson is a vice president for Shea Homes, where sales are up almost 60 percent from last year.
Peter O'Dowd KJZZ

Here's a turnaround worth noting: The housing market in Phoenix is emerging from a historic slumber. Foreclosures are down, and new home sales are re-energizing the market -- up 35 percent from a year ago.

Let's get down to street level, shall we? How 'bout Ravenswood Drive near Gilbert's eastern edge.

Ken Peterson is a Vice President for Shea Homes. We're in a development called Spaces. And listen to this, air compressors and nail guns all around us.

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