"The March figures also show the first monthly increase in the median price of non-foreclosure homes since the end of 2007," said ASU Professor Karl Guntermann, who is the Fred E. Taylor Professor of Real Estate. "This may signal the start of price stability throughout much of the housing market." (4/28; Phoenix Business Journal)

There were almost 9,000 sales of homes & condos in the Phoenix metro area in March, which was the 2nd highest March sales month ever. Here is what I predict will happen in May. Also see this article from my broker, Jim Sexton, on the 9,200 sales that happened in April, how prices are up over this time last year and what that means.

This MSNBC article is a perfect example of how waiting for some mythological, dramatic drop in prices might actually price you out of the market because interest rates go up.

This New York Times article is a very interesting demonstration of determining whether you should rent or buy. This is a great way to look at the situation without getting all hung up on predictions about where the market will go next.

I reported last month about that the good folks in the Melrose neighborhood area are seeking a grant from Pepsi so they can put a community garden right on the Melrose Curve.

That was put on hold for a month for technical reasons. So, please get started now. All you have to do is vote every day at the Pepsi website. The most votes win, naturally. See the link for instructions on how you can participate, starting today.

Once a year friends of Roosevelt Row put together a summer solstice party that is one month earlier than the actual summer solstice --on May 21st. Maybe they just fear a good party in the heat. But, this one promises to be fun, and it raises money for the Roosevelt Row, CDC.

Budget cuts are in danger of affecting one of the strongest economic drivers in Phoenix --historic neighborhoods. Learn what you can do here.