Catherine Reagor
The Arizona Republic
Jun. 30, 2006 12:00 AM
Worried about declining home values in the Valley?
If you live in central Phoenix, north Scottsdale and patches of the East or West Valley, you don't need to fret. Average home prices in those areas are still climbing - and climbing rapidly, in some cases.
In other pockets around metropolitan Phoenix, the average price of an existing home dropped 6, 7, even 12 percent from the fourth quarter of 2005 to the first quarter of this year.
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