Spurred By Rising Prices, Phoenix Undergoes A New Housing Boom

MESA, AZ - MARCH 06: Empty parcels of land and unfinished roads are seen at a new housing development on March 6, 2013 in Mesa, Arizona. In 2008, Phoenix, Arizona was at the forefront of the U.S. housing crisis with home prices falling 55 percent between 2005 and 2011 leaving many developers to abandon development projects. Phoenix is now undergoing a housing boom as sale prices have surged 22.9 percent, the highest price increase in the nation, and homebuilders are scrambling to buy up land. (Photo by Justin Sullivan/Getty Images)
MESA, AZ - MARCH 06: Empty parcels of land and unfinished roads are seen at a new housing development on March 6, 2013 in Mesa, Arizona. In 2008, Phoenix, Arizona was at the forefront of the U.S. housing crisis with home prices falling 55 percent between 2005 and 2011 leaving many developers to abandon development projects. Phoenix is now undergoing a housing boom as sale prices have surged 22.9 percent, the highest price increase in the nation, and homebuilders are scrambling to buy up land. (Photo by Justin Sullivan/Getty Images)
Spurred By Rising Prices, Phoenix Undergoes A New Housing Boom
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Credits:
Justin Sullivan / Staf
Redactioneel nr.:
163222446
Collectie:
Getty Images News
Gemaakt op:
06 maart 2013
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Rights managed
Release-informatie:
Geen release. Meer informatie
Bron:
Getty Images North America
Naam materiaal:
73668730