Hundreds of thousands of Arizonans are out of work. And we are officially in a recession, according to the National Bureau of Economic Research.
Despite that, the housing market in Phoenix is going strong — so strong that some say it’s thriving.
So, how is that possible? And who is it benefiting?
Tina Tamboer is a senior real estate analyst with the Cromford Report, and The Show spoke with her about the housing situation.