The number of homes sold in the Phoenix area in July 2012 was similar to numbers seen in previous years during the same month. Real estate in the lower end market has continued to decline sharply, while home sales in the $200,000 to $600,000 price point skyrocketed. The number of foreclosed homes in this Read More
Real estate in Phoenix has been looking up for the past few months, as home prices are rising and demand is increasing. These growing demands are making people rethink their decisions to buy, and some are opting to rent homes. However, these trends are flowing into the rental market, as well, as many people Read More
Even though prices of real estate in Phoenix continued to drop in July, experts say this is a natural reaction. Home prices dropped 1 percent from June to July, but according to statistics from Arizona State University cited by The Republic, prices are still up 31 percent over last year.
In Maricopa Read More
Real estate in Phoenix has been reported at a similar price per square foot as those found in the area in late 2004 and early 2005. However, these rising prices are causing concern for residents of the area that experienced a similar increase before the housing bubble burst. Experts believe that this rise is Read More
According to a the recent Standard & Poor's/Case-Shiller home price index released on August 28, Phoenix was rated as the hottest housing market, rising 13.9 percent.
The mixture of declining foreclosure numbers, investor demand and a low supply of homes have combine to make Phoenix the best looking Read More
The demand for real estate in Phoenix, AZ, continued in July, but experts believe the demand could level off within the next few months if builders run short on the number of lots available to build new homes. At the beginning of the year, home building permits started steadily rising and have yet to stop. Read More
The demand for real estate in Phoenix, AZ, continued in July, but experts believe the demand could level off within the next few months if builders run short on the number of lots available to build new homes.
There is a looming debate over real estate in Phoenix, AZ. Some believe there are thousands of homeowners that haven’t kept up with their mortgage payments in years, but banks have yet to move the homes into foreclosure. Other real estate experts are calling this in-between “shadow inventory Read More
Between 2007 and 2009, the Phoenix job market dropped from the top spot to No. 84. This dramatic decrease caused trouble in the housing market as well, as some residents were forced to sell or foreclose on their homes. Today, real estate in Phoenix is finally on its way back up, which may be partially due to Read More
The stabilizing housing market is showing positive signs in Phoenix. However, some experts are cautioning that these trends are just seasonal growth. Real estate in Phoenix, AZ, has increased in price and the June report indicated that costs seem to be returning back to normal.
In the popular Ahwatukee Read More
According to a report released by TurboTax, Phoenix and Mesa, Arizona, have some of the lowest property taxes in the country. Based off of information from the U.S. Census Bureau, Phoenix is rated fourth in the nation and Mesa is second. Real estate in Phoenix has recently posted the largest gains in the Read More