It's not investors driving the housing market now. 

Almost 82% of the people who bought Valley homes in July and August plan to live in them, said Tina Tamboer, senior housing analyst with the Cromford Report.

“Honeywell has long been a respected member of the Phoenix community and now, during COVID-19, they are stepping up to protect us all. The protective equipment manufactured at this site will save lives across the nation. My sincere thanks to Honeywell and all those serving our nation during this challenging time," Phoenix Mayor Kate Gallego said in a release on the city's website. 

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