Phoenix, AZ: 19.4% Return on Investment (2011) Market values in Phoenix are currently at approximately the same level as in the year 2000.  The market area experienced a tremendous run-up during the real estate bubble and a spectacular during the financial crisis.  During 2010, the regression back to fundamentals continued in Phoenix.  For people who […] The post #89 – Market Predictions for Phoenix, AZ in 2011 first appeared on Jason Hartman.