More good news on the Phoenix real estate front? In Phoenix-area housing may be on the mend (azcentral.com 1/6/12), per the Information Market, our median price hit bottom last August at a$112,000, but by last month, had risen to $120,000. … Continue reading →
CNBC reports this week that the supply of homes on market fell to its lowest level in about 20 months, leading some to guess that 2011 is the “bottom,” and possibly setting the stage for “rapid” ascent. Although CoreLogic, as featured … Continue reading →
Updates from STAT (Arizona Regional Multiple Listing Service’s monthly statistics report for Phoenix Metro), Nov 4, 2011: Prices getting a lift? The median listing prices rose in October by 6.1% to $139k. Sales prices not budging yet: The metro area … Continue reading →
With homes prices we haven’t seen in 7 to 10 years in nearly all Phoenix valley communities…. mortgage interest rates we haven’t seen in our lifetimes …. and in many instances, a house payment less than rent would be for … Continue reading →
Total MLS inventory has been ticking upward for the last couple of weeks; up nearly 300 hundred residences from the number I reported 9/2/11. At the moment, that number is 19,586 active listings in our local MLS. Homes are still selling quickly, … Continue reading →