Fletcher Wilcox with Grand Canyon Title here in Arizona put together this very comprehensive analysis of where our real estate market is now. Click HERE to see this document. Population growth and job development are simply fantastic. Fletcher titled this "Optimism" for a good reason.
Elliott D. Pollack puts out the Monday Morning Quarterback (yes I know I am late). Click HERE for the link to the full document. Here is a very telling paragraph: "As for Greater Phoenix single family residential sales, the news continues to be positive. According to MLS data, single family listings were down 7.1% from a year ago in March and total sales were up 12.2%. The median price of homes sold on MLS was $167,500 or 28.9% over a year ago. For the month of March, prices were up 4.7% over the February number."
While not every month is going to have those gains - every month will have a gain.