Definition of sovereign guarantee: Government's guarantee that an obligation will be satisfied if the primary obligor defaults. Dictionary Term of Day Articles Subjects Sign Up BusinessDictionary
The median list price for Phoenix-Mesa area homes is $244,900, up 14% from the same month last year, according to the National Housing Trend Report for February 2014 published by Realtor.com.
1 Homes purchased in the Tucson housing market five years ago have appreciated, on average, by $14,818. 2  The national average was $49,675 over the same period. 3  Homes purchased in the Tucson housing market seven years ago have depreciated, on average, by $47,120. The national average saw an increase of $9,474 over the same period. 2  Homes purchased in the Tucson housing market nine years ago have depreciated, on average, by $33,480. 3  The national average increased $3,419 over the same period.