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.
If you are 18 to 34 years old, living in Phoenix and thinking about buying a house, you need to earn a minimum salary of $28,547. That's not bad: The median earnings of a Phoenix Millennial are $35,790. It actually leaves a wage surplus of $7,243, making Phoenix one of the more affordable big cities for Millennials.