Here is a quick Market Snapshot for Apache Junction, Arizona according to the Arizona Multiple Listing Service.  Only Single Family Detached Homes are included in this chart.The SOLD Listings are from Jan. 1st, 2007 through today May 2, 2007AWC stands for Active with ContingenciesTOM stands for Temporarily Off MarketDOM stands for Days On Market Statistics Active - 394 Properties FoundSquare FeetBedroomsBathsList PriceSale PriceAgent DOM Cumulative DOM Min67221 $ 139,900$0 00Avg180432.19$ 334,807$0 92106Max452555$ 2,600,000$0 484619AWC - 7 Properties FoundSquare FeetBedroomsBathsList PriceSale PriceAgent DOM Cumulative DOM Min100031 $ 169,900$0 8383Avg170131.96$ 281,185$0 196195Max299443$ 550,000$0 330326Pending - 39 Properties FoundSquare FeetBedroomsBathsList PriceSale PriceAgent DOM ... 05/02/2007

Despite the bubbleheads predictions of the impending collapse of the real estate market in the known universe, real estate growth transactions continue to happen.Desert Communities, Inc (an affiliate of Vegas based Rhodes Homes) just plunked down 58 million bucks for 1,010 acres in the Southeast Phoenix Valley. That seems like a lot of land, and a lot of coin. And it's not chicken feed.But what's more impressive is this is truly just the tip of the iceberg. This part of the Phoenix Valley (between Apache Junction and Florence, AZ) is but a small part of 275 square miles of state land -- and it's ripe for development.Estimates for this 10 billion dollar hunk of land (yes, that's billion with a "b") is that it will eventually be the home of 1,000,000 people. (yes, that's one million peopl... 12/08/2006