The Arizona luxury home market is booming. AZBigMedia recently reported that a 14.5M home in Paradise Valley, a region Northeast of Phoenix and just North of Scottsdale, set a record for the highest per-square-foot expenditure ever in the Phoenix Metro area at $1,566.55 per square foot. According to the post, “the 9,256-square-foot custom home sits… Read More
Best Gain in Home Prices
Highest Gains in Home Prices since 2007
In March, U.S. home sellers sold their properties for an average of $30,500 more than their purchase price, a 17 percent average gain—the highest average price gain for home sellers in any month since December 2007 at the onset of the Great Recession. These data are from RealtyTrac®’s March and Q1 2016 U.S. Home Sales… Read More