Following the lead of the nation as a whole, our state saw a slight increase in Real Estate inventory last month. For Arizona at least, this is noteworthy. I suppose logic would suggest that inventory has been so low for so long that a rise was inevitable, but my feeling is that a market jump… Read More
A recent piece originally posted by Phoenix Business Journal, cites home builder’s lack of confidence in move-up buyers as strong motivation behind the latest construction movement toward ‘affordable’ housing. Builders are noticing that more young families and first-time home buyers are expressing an interest in purchasing New Construction homes. — Check out our New Construction… Read More
As you read on, statistics from Zillow will indicate that the country’s housing market has reached a critical juncture. Record values have been documented from coast to coast and you can find the 10 highest valued U.S. real estate markets listed below. Meanwhile, I’ve acquired some data from the experts at ASU on the state… Read More
Real estate markets across the country are coming around toward balance, with prices leveling off and inventory of homes available for sale beginning to look ‘normal’. What does this mean if you’re getting ready to put your home on the market? A reshaping your strategy would be wise. These 5 tips will facilitate a faster… Read More
More New Construction listed in MLS can only mean one thing. Numbers for the sale of brand new homes are down. Developers do not typically welcome the necessity to list their properties in MLS (more on that later). Recently I’ve noticed a considerable uptick in MLS listings for New Construction homes. I would suggest this… Read More
When buying a home the power of price is undeniable. I think we can all agree that a home buyer most often chooses the neighborhood in which they will live and the features a home will include, by the mortgage that they qualify for. Accordingly, what the home buyer can afford becomes the qualifier against… Read More
The article below addresses the average size home that $300,000 will buy you in 20 different states, none of which is Arizona so I’ve done a little digging in my own area. $300,000 is higher than the median sales price in several East Valley cities and Phoenix. Gilbert and Chandler median home prices are currently… Read More
Housing Market Shows Continued Signs of Consumer Confidence The Arizona Real Estate market mirrors the majority of the nation with a record year so far in 2017. azCentral.com reports that barring the boom and bust years, 2005 & 20011, Arizona’s housing market is the best it’s ever been. As a matter of fact, even though… Read More
2017 Spotlight On: Midwest and Southern Real Estate Markets Real Estate markets in the Midwest and Southern states have been in the spotlight for the first half of 2017, establishing a trend for continued moderate home price growth for the remainder of the year. Clear Capital’s recently released Home Data Index (HDI) Market Report notes… Read More
WooHoo! Homes Values are Rising at a ‘Normal’ Pace Homeowners were thrilled in 2005 and early 2006 when prices skyrocketed and sales were faster than the speed of light. By mid 2006 it was evident that the rapid increase in home prices and the pace of home sales was wickedly unnatural and would most definitely… Read More
