yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
Cloud Expo & Virtualization 2009 East
Smarter Business Solutions Through Dynamic Infrastructure
Smarter Insights: How the CIO Becomes a Hero Again
Windows Azure
Why VDI?
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun's Incubation Platform: Helping Startups Serve the Enterprise
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
Why is the Phoenix Housing Market Doing So Well?

LOS ANGELES, Nov. 16, 2012 /PRNewswire-iReach/ -- Just like its summertime temperatures, the housing market in Phoenix is extremely hot right now! In fact, Phoenix was the best-performing metro in the country in September, with prices showing an increase of 35% when compared to the same month in 2011. And, it's not just in one part of town either! According to the Arizona Republic's Valley Homes Values report, 75% of the city's ZIP codes saw home values climb during the first nine months of 2012. What's the reason for the increase? Economists say it's because of a decrease in foreclosure re-sales. In 2011, 50% of all home sales in Phoenix were foreclosed property re-sales by lenders. Since banks are only trying to get back some of the money they lost on the defaulted loan, these homes usually sell for much lower prices. This year, though, foreclosures have only accounted for 13% of home sales around Phoenix. With fewer inexpensive foreclosure re-sales, the median price of homes in the region has been able to go up. Plus, many communities around the area are currently under redevelopment. Others are experiencing a boost in new homes being built and sold. And, as an added benefit, Phoenix has a stronger economy than many similar-sized cities around the country. So which portions of Phoenix are seeing the most growth?

- Central Phoenix, up to North Phoenix and the Desert Ridge area, has seen the highest price increases, with a median home price of $90,500. This portion of the city is undergoing redevelopment and has become a hotbed for prospective buyers looking for affordable homes.

- Prices in the Northeast Valley have fluctuated, depending which suburb you look at.

- Other municipalities, like Paradise Valley and Fountain Hills, saw slight but steady increases. - In the Northwest Valley, prices have increased by more than 20% (especially in Glendale). However, places like Sun City and Sun City West have seen decreases. The price increase in Glendale shouldn't come as a surprise, as there are many higher-income neighborhoods within that city. But the drop-off in Sun City was unexpected, as many homes in that town are within retirement communities, and those homes typically hold their value through the ebbs and flows of the real estate market.

- In the Southeast Valley, new home sales are having a positive effect on the median sale price of existing homes. More than half of all the new homes being built in metro Phoenix this year have been in Mesa, Chandler, Gilbert and Queen Creek. These higher-priced new homes have elevated the communities' overall median home prices, with Mesa posting the highest increase at 34%. There are also less foreclosure re-sales in this portion of the metropolitan Phoenix area than in others, so that has also boosted the median price.

- Homes in the Southwest Valley are typically among the more affordable properties in all of Phoenix, and buyers are taking notice. For example, some portions of Tolleson and Buckeye (where the median price is right around $100,000) have seen more than a 20% increase this year. What does the future hold? Realtors and housing analysts agree that Phoenix will continue to be one of the nation's hottest housing markets in 2013, but don't expect to see sale prices increase at the same levels they did in 2012. The economy is recovering quicker in Phoenix than in other parts of the country, and the city has a lower unemployment rate than the national average, so home sales have risen. But that doesn't mean the area will experience the same house booming next year as it did this year. Look for more increases -- but slower ones. Still though, Phoenix is definitely a place to consider purchasing property in the years to come!

Media Contact: Daniel Torelli, 514-836-1432,

News distributed by PR Newswire iReach:



About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Cloud Developer Stories
SYS-CON Events announced today that Interface Masters Technologies, a leader in Network Visibility and Uptime Solutions, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Inter...
As software becomes more and more complex, we, as software developers, have been splitting up our code into smaller and smaller components. This is also true for the environment in which we run our code: going from bare metal, to VMs to the modern-day Cloud Native world of cont...
SYS-CON Media announced today that @WebRTCSummit Blog, the largest WebRTC resource in the world, has been launched. @WebRTCSummit Blog offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any ot...
SYS-CON Events announced today that Streamlyzer will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Streamlyzer is a powerful analytics for video streaming service that enables v...
You have great SaaS business app ideas. You want to turn your idea quickly into a functional and engaging proof of concept. You need to be able to modify it to meet customers' needs, and you need to deliver a complete and secure SaaS application. How could you achieve all the abo...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)!

Advertise on this site! Contact advertising(at)! 201 802-3021

SYS-CON Featured Whitepapers