Metro Phoenix home values went up 18% on average over the last year. They are expected to up another 4% this year and just under 3% in 2015. This is not unlike what happened in the 90's after the recession of the late 80's. Home ...
View MoreRL Brown reported last week the local housing market has recovered with resale home sales improving more than new construction. The combined number is closer to historical trends.
Resale homes up 17.2% and new homes sales down 13.4%. Resale homes up is good for the sellers. However new homes sales down hurts the economy because it doesn't help job creation in the construction trades and suppliers. http://www.aznativeproperties.com/
REALLY? CNN money has a story suggesting you use the equity in your first home to help you with a down payment on a second home. REALLY? Are they kidding? Is that just one of many things that people did in 2005 and during the recent housing ...
View MoreRonald Hanson of the Arizona Republic is reporting that commercial real estate is picking up. Phoenix Commercial Real Estate often follows residential real estate in the Metro Phoenix market. As Downtown Phoenix residential sales started to slow down, the commercial market did the same.
How that Metro ...
View MoreBetty Reid from the Arizona Republic is reporting the residential market is up but the commercial market is lagging behind. That's not unusual when we are coming out of a recession. The Downtown Phoenix condo market is a bit ahead of other residential areas with the increased ...
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