Phoenix’s high-end condo market on the rebound Phoenix Business Journal by Jan Buchholz, Reporter The market for million-dollar condos has picked up in the past few months, leaving very little inventory for buyers looking to downsize or buy urban-style second homes. Just 27 condominiums priced at more than $1 million are listed for sale on [...]
Lenders paying borrowers to do short sales
Lenders paying borrowers to do short sales By Julie Schmit, USA TODAY 2/19/2012 5:46 PM Short sales are when lenders allow borrowers to sell homes for less than their unpaid mortgages. They are an alternative to foreclosures. Short sales have been increasing for months, but the financial incentives — which Realtors say are random and [...]
Signs of upturn in Phoenix’s long-suffering housing market
Signs of upturn in Phoenix’s long-suffering housing market By Julie Schmit, USA TODAY The area was one of the hardest hit by the foreclosure crisis. Prices had fallen 57% from their peak. Now, “We list a property and, within two or three days, we have multiple offers,” says Keith Krone of Keller Williams Realty in [...]
Pending home sales reach 19-month high
Pending home sales reach 19-month high Washington Business Journal by Jeff Clabaugh, Broadcast/Web Reporter Date: Thursday, December 29, 2011, 10:35am EST. Pending home sales rose 7.3 percent in November to the highest level since April 2010, according to the National Association of Realtors. The District-based association also revised higher its pending home sales data for [...]
The Top 10 Phoenix Home Builders of 2011
The Top 10 Phoenix Home Builders of 2011* Pulte Homes D.R. Horton Meritage Homes Corp Shea Homes Blanford Homes Fulton Homes Taylor Morrison K. Hovnanian Homes Richmond American KB Home *Based on new homes built between July 1, 2010 and June 30, 2011 Source: Business Journal Research
Home builders are re-evaluating needs of potential buyers
Home Building: Staying viable in a new economy. Premium content from Phoenix Business Journal by Christine Harvey Energy efficiency, personalized flexibility, fresh product and strategic location — these are the focal points of Arizona’s home builders as they seek to overcome economic struggles and direct consumer attention toward newly designed communities. Home builders help generate [...]
Buying An Arizona Home – Where To Start?
Buying An Arizona Home – Where To Start? by Justin Mchood. Nov 11th, 2011 Nowadays – 2011 – most home buyers start their home search online. This is unlike how our parents and grandparents did it. Today, we have access to homes for sale on the Internet and we can get mortgage rates in just [...]
How to know whether it’s time to buy a home
Six considerations for those weighing whether to rent or buy By Amy Hoak, MarketWatch CHICAGO (MarketWatch) — As another year of the housing downturn ends, some are wondering if it finally is more advantageous to buy instead of rent, given discounted home prices and mortgage rates near historical lows. The answer not only depends on [...]
Home Sales Pick Up in Phoenix
PHOENIX – Most of the country is still waiting for the housing market to hit the bottom, but here in Phoenix, things are looking up — especially if you’re enjoying the view from one of the luxury high-rise developments downtown. “We were extremely lucky this was one of the buildings that was left when the [...]
ARMLS says number of distressed properties is declining
ARMLS says number of distressed properties is declining by Sandra Haros/KTAR (November 30th, 2011 @ 9:10pm) PHOENIX — New data from the Arizona Regional Multiple Listing Service is showing that the housing market is showing some signs of life. Positive numbers are keeping housing experts hopeful that things are finally turning around. There are over [...]





