Did an Unseasonably Warm Winter Cause Spring Home Prices to Escalate? We experienced an unseasonably warm winter, at the same time housing prices pushed higher, according to Clear Capital’s recently released Home Data Index (HDI) report, showing national quarterly home price growth at 0.9 percent. The Spring market boom started early this year and stronger… Read More
Will Environmental Hazards Have an Impact on Your Home Value? The factors most people consider when determining their home’s value include size, condition and location, but have you considered the impact of possible environmental hazards? In areas where they are most pronounced—environmental hazards such as poor air quality can and do have an effect on… 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
Trulia Report: Homes in the First Time Buyer Range in Short Supply. As a rule I’m not impressed with Trulia. Their home values are skewed by incomplete and vague information, and often the availability of a specific property is inaccurate i.e. not corresponding to the MLS data from which it is borrowed. Having said that,… Read More
At number 24, Gilbert appears higher on this list than any other Phoenix Valley city. Completely understandable. Gilbert has built their stellar reputation on superior city management and lots of community involvement. Schools are good. Parks, biking and walking trails are plentiful. Entertainment opportunities are unmatched. Housing prices are slightly higher than most Phoenix Valley… Read More
Price Check: Housing Affordability Still Positive All of the cities on the ‘least affordable list below’ are located in California. This is not news, California as a whole has always lead the pack in rising home prices. The report and complete Index Listings are available here. In Arizona, Siera Vista and Tucson rank fairly high… Read More
Gen X, the Next Big Wave of Home Buyers Staying above the curve in the home buying market is not easy these days. The curve is firmly balanced on the shoulders of the Baby Boomer generation and has been for some time, ever since they were in their 20’s. That’s a good run! Though Boomers… Read More
First-Time Buyers are finding prices for starter-homes rising all over the country but mortgage interest rates are lower than ever, which in some cases, could even the score… maybe not for long. Interest rates on home loans have been low for quite some time now but with the shake-up in the European Union, US financial… Read More
While recent data darkened the growth outlook for the first quarter, April data has experts predicting housing will maintain its momentum in 2016 and be an economic engine of growth. This insight comes from data recently released by Freddie Mac. The report shows that recent declines in mortgage rates have also boosted refinance potential. “We’ve… Read More
Note from Bill: Wondering what the median list price is for homes in your area? Average days on market? Which price ranges are moving fast due to low inventory? If you’re looking for specifics on anywhere in the Greater Phoenix area I’d be happy to get you those numbers. I have complete Real Estate market… Read More
