Metro Phoenix is No. 5 … or 13 or 17 or 31 on real estate lists

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Phoenix Skyline

Metro Phoenix is No. 5 … or 13 or 17 or 31 on real estate lists. There are so many housing rankings that it’s difficult to discern which lists make sense. Metro Phoenix dropped off a Top 10 list of areas with the most homeowners underwater on their mortgages. The region ranks about average for rent increases and is in the Top 15 for home flipping. The Valley didn’t make a recent list of the healthiest or least healthiest housing markets. Arizona is one of the priciest states for mortgage fees. And the Phoenix-area isn’t ranked among the Top 20 hottest housing markets in the U.S. now. About 15% of metro Phoenix homeowners owe more than their house is worth, according to a second quarter survey from RealtyTrac. That ranks the Valley No. 31 for underwater homeowners.

Source: www.AZCentral.com