According to The Title Report, foreclosure filings in 2019 reached their lowest level since tracking began in 2005, with the highest potential for distressed properties cropping up in the major metro areas of Baton Rouge LA., Atlanta GA, Salt Lake City UT, Orlando FL and Portland, OR. The states of Nevada, New York, New Jersey,… Read More
Already our 2018 Real Estate market is blowing away last year’s stats, and the Phoenix area is not alone in its home shopping free-for-all. Zillow reports that most of the country is feeling the squeeze of the abundance of eager home buyers versus a shortfall of available listings. I tend to accept that the Real… Read More
The Housing Market Remains Promising in Light of Uncertain Global Economy Historically in a time presidential transition, our American economy has been perceived by ourselves and others as a bit ambiguous. This is not without merit. No one can truly predict what any future President will do. The state of the U.S. economy touches nearly… Read More
Home Purchase Sentiment Rockets to New High. First time buyers are not quite squeezed out of the market yet, but they are beginning to see more limited options. The real estate market in Arizona is healthy, with only a slightly lower inventory than would indicate “balanced”. We are still hovering in Seller’s Market territory, however… Read More
The predicted positive outlook for 2016’s Real Estate Market is already proving accurate. Both resale housing inventory and builder confidence are up, and home-buyer activity is significantly above average for the first month of 2016. A “normal” price increase for the market nationwide has historically been 5-7%. Home prices nationwide, including distressed sales, increased year… Read More
The CorLogic website has published a detailed commentary reinforcing the movement toward recovery for our Real Estate market this year. Citing economic growth strengthened by a drop in energy prices, rising consumer confidence index and improvement in state and local government budgets, the article explains how these favorable factors will contribute to a boost in… Read More
