Housing was a Hot Topic in Gilbert...
Housing prices, retail carry headlines in 2005, from the Gilbert Arizona Republic, reports that the price of housing was a hot topic in Gilbert in 2005, with the median price for an existing home breaking the $300,000 barrier, holding at $324,500 in November, according to the Arizona Real Estate Center at ASU. There are signs that the market is returning to normal, such as the number of Southeast Valley houses on the market returning to near November 2003 levels. That's back when a typical house in Gilbert sold for $174,500. Retail growth also carried the headlines in Gilbert in 2005, with the opening of Crossroads Towne Center and Gilbert Gateway Towne Center, both home to Super Targets, and SanTan Village's power centers started to see tenants open. Gilbert also approved a General Plan amendment for developer Marty De Rito for a 68-acre retail center at the northeast corner of Gilbert Road and the San Tan Freeway called Gilbert Esplanade. Shows that retail follows the rooftops!
http://www.azcentral.com/php-bin/clicktrack/print.php?referer=http://www.azcentral.com/community/gilbert/articles/1228gr-bizreviewZ12.html
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