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         <Description>&lt;p&gt;City of Scottsdale Real Estate Resale Data for February 2008.&amp;nbsp; Below is a chart for depicting median home price changes from February 2007 to February 2008.&amp;nbsp; It represents South Scottsdale Median Home Prices, North Scottsdale Median Home Prices, Scottsdale Median Home Prices and Median Prices of Condos / Townhomes in Scottsdale.&lt;/p&gt;&lt;p align="center"&gt;&amp;nbsp;&amp;nbsp;&lt;br /&gt;&lt;table style="WIDTH: 221pt; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="293" border="0"&gt;&lt;colgroup&gt;&lt;col style="WIDTH: 84pt; mso-width-source: userset; mso-width-alt: 4096" width="112" /&gt;&lt;col style="WIDTH: 47pt; mso-width-source: userset; mso-width-alt: 2267" width="62" /&gt;&lt;col style="WIDTH: 50pt; mso-width-source: userset; mso-width-alt: 2413" width="66" /&gt;&lt;col style="WIDTH: 40pt; mso-width-source: userset; mso-width-alt: 1938" width="53" /&gt;&lt;/colgroup&gt;&lt;tbody&gt;&lt;tr style="HEIGHT: 14.1pt; mso-height-source: userset" height="18"&gt;&lt;td class="xl71" style="BORDER-RIGHT: #ece9d8; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext 0.5pt solid; WIDTH: 84pt; BORDER-BOTTOM: windowtext 2pt double; HEIGHT: 14.1pt; BACKGROUND-COLOR: white" width="112" height="18"&gt;&lt;font face="Garamond" color="#000000" size="2"&gt;&lt;strong&gt;&amp;nbsp;&lt;/strong&gt;&lt;/font&gt;&lt;/td&gt;&lt;td class="xl69" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext 0.5pt solid; WIDTH: 47pt; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: #fafad6" width="62"&gt;&lt;font face="Garamond" color="#000000" size="2"&gt;&lt;strong&gt;Feb. '07&lt;/strong&gt;&lt;/font&gt;&lt;/td&gt;&lt;td class="xl69" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext; WIDTH: 50pt; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: #fafad6" width="66"&gt;&lt;font face="Garamond" color="#000000" size="2"&gt;&lt;strong&gt;Feb. '08&lt;/strong&gt;&lt;/font&gt;&lt;/td&gt;&lt;td class="xl70" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext 0.5pt solid; BORDER-LEFT: windowtext; WIDTH: 40pt; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" width="53"&gt;&lt;font face="Garamond" color="#000000" size="2"&gt;&lt;strong&gt;Change&lt;/strong&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style="HEIGHT: 14.1pt; mso-height-source: userset" height="18"&gt;&lt;td class="xl66" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: #ece9d8; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 14.1pt; BACKGROUND-COLOR: #eeece1" height="18"&gt;&lt;font face="Garamond" color="#000000" size="2"&gt;&lt;strong&gt;Greater Phoenix&lt;/strong&gt;&lt;/font&gt;&lt;/td&gt;&lt;td class="xl67" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: #ece9d8; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: #fafad6"&gt;&lt;font size="2"&gt;&lt;font color="#000000"&gt;&lt;strong&gt;&lt;font face="Garamond"&gt;&lt;span style="mso-spacerun: yes"&gt;&amp;nbsp;&lt;/span&gt;$&lt;span style="mso-spacerun: yes"&gt;&amp;nbsp; 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BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 14.1pt; BACKGROUND-COLOR: #eeece1" height="18"&gt;&lt;font face="Garamond" color="#000000" size="2"&gt;&lt;strong&gt;North Scottsdale&lt;/strong&gt;&lt;/font&gt;&lt;/td&gt;&lt;td class="xl68" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: #fafad6"&gt;&lt;font size="2"&gt;&lt;font color="#000000"&gt;&lt;strong&gt;&lt;font face="Garamond"&gt;&lt;span style="mso-spacerun: yes"&gt;&amp;nbsp;&lt;/span&gt;$&lt;span style="mso-spacerun: yes"&gt;&amp;nbsp; &lt;/span&gt;687,500 &lt;/font&gt;&lt;/strong&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&lt;td class="xl68" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: #fafad6"&gt;&lt;font size="2"&gt;&lt;font color="#000000"&gt;&lt;strong&gt;&lt;font face="Garamond"&gt;&lt;span style="mso-spacerun: yes"&gt;&amp;nbsp;&lt;/span&gt;$&lt;span style="mso-spacerun: yes"&gt;&amp;nbsp;&amp;nbsp; &lt;/span&gt;573,570 &lt;/font&gt;&lt;/strong&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&lt;td class="xl73" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: #eeece1" align="right"&gt;&lt;font face="Garamond" color="#000000" size="2"&gt;&lt;strong&gt;-16.6%&lt;/strong&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style="HEIGHT: 14.1pt; mso-height-source: userset" height="18"&gt;&lt;td class="xl65" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext 0.5pt solid; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 14.1pt; BACKGROUND-COLOR: #eeece1" height="18"&gt;&lt;font face="Garamond" color="#000000" size="2"&gt;&lt;strong&gt;Scottsdale Condos&lt;/strong&gt;&lt;/font&gt;&lt;/td&gt;&lt;td class="xl68" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: #fafad6"&gt;&lt;font size="2"&gt;&lt;font color="#000000"&gt;&lt;strong&gt;&lt;font face="Garamond"&gt;&lt;span style="mso-spacerun: yes"&gt;&amp;nbsp;&lt;/span&gt;$&lt;span style="mso-spacerun: yes"&gt;&amp;nbsp; &lt;/span&gt;254,950 &lt;/font&gt;&lt;/strong&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&lt;td class="xl68" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: #fafad6"&gt;&lt;font size="2"&gt;&lt;font color="#000000"&gt;&lt;strong&gt;&lt;font face="Garamond"&gt;&lt;span style="mso-spacerun: yes"&gt;&amp;nbsp;&lt;/span&gt;$&lt;span style="mso-spacerun: yes"&gt;&amp;nbsp;&amp;nbsp; &lt;/span&gt;269,000 &lt;/font&gt;&lt;/strong&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&lt;td class="xl73" style="BORDER-RIGHT: windowtext 0.5pt solid; BORDER-TOP: windowtext; BORDER-LEFT: windowtext; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: #eeece1" align="right"&gt;&lt;strong&gt;&lt;font face="Garamond" color="#000000" size="2"&gt;5.5%&lt;/font&gt;&lt;/strong&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/tbody&gt;&lt;/table&gt;&lt;font size="1"&gt;Data From ASU Polytechnic, Graphed by &lt;/font&gt;&lt;a title="CCIM Multifamily Partners" href="http://www.ccimpartners.com/artur" target="_blank"&gt;&lt;font size="1"&gt;Artur Ciesielski, CCIM&amp;nbsp;&lt;/font&gt;&lt;/a&gt;&lt;/p&gt;&lt;p align="left"&gt;In Scottsdale a total of 250 homes sold in February 2008,&amp;nbsp; This is down from the 355 last year.&amp;nbsp; The median home price is down 14% from $600,000 last year to $513,750 this year.&amp;nbsp; This is a decline that is lower then for the Phoenix valley as a whole.&amp;nbsp; &lt;/p&gt;&lt;p align="left"&gt;Find out how your Scottsdale home is doing compared.&amp;nbsp; &lt;strong&gt;&lt;a title="Phoenix neighborhood sales activity" href="http://www.PhoenixTrends.com" target="_blank"&gt;See real estate sales activity in your neighborhood&lt;/a&gt;&lt;/strong&gt;.&lt;/p&gt;</Description>
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                   <Title>Greater Phoenix historic real estate sales data.</Title>

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