Those Callaways Real Estate

Archive for June, 2011

Thinking of Selling Your Home? Plan Ahead – Way Ahead.

by Judy Klem on ActiveRain – June 13, 2011 Getting your home ready to sell? The basic equation goes something like this: Time + Effort + Money = Ready to Sell. It’s very easy to underestimate the time, effort and money it takes to get your house ready to sell. Stint on the time element […]

June 30th, 2011  |  Published in Good To Know  |  3 Comments


Rent or Buy?

The cliché says that there has never been a better time to buy.  The hard data in the housing affordability index confirms that.  The affordability index, which takes into account median income, median home price, and mortgage rates, has been bouncing around in the 180 to 200 range since the beginning of this year – […]

June 29th, 2011  |  Published in News and Numbers  |  1 Comment


Why Home Sales Will Rise This Year

by Lawrence Yun, chief economist of the NATIONAL ASSOCIATION OF REALTORS® – June 2011 The first quarter ended with decent home sales activity, but the rest of the year should be even better. Here’s why.   The first quarter ended with decent home sales activity, with existing homes selling at an annualized pace of 5.1 […]

June 28th, 2011  |  Published in News and Numbers


Home-price index lowest since 2002

by Derek Kravitz – May 31, 2011. Associated Press WASHINGTON — An index of home prices in big metro areas has reached its lowest level since 2002, driven down by foreclosures, a glut of unsold homes and the reluctance or inability of many to buy. Prices fell from February to March in 18 of the […]

June 18th, 2011  |  Published in News and Numbers  |  1 Comment


Commercial Real Estate Markets Stabilizing, Demand Growing

Washington, DC. May 24, 2011 The improving economy and job creation mean growing demand for commercial real estate, according to the National Association of Realtors®. Lawrence Yun, NAR chief economist, said job creation will be the biggest factor moving forward. “Job growth creates demand for commercial space, and the economy should be adding between 1.5 […]

June 17th, 2011  |  Published in News and Numbers  |  3 Comments


Heating and Cooling Costs

by Sophia Stuart, Marketing Associate Energy efficiency is an important feature for home buyers. NAR’s 2010 Profile of Home Buyers and Sellers includes some interesting data about buyers’ preferences for energy efficient features in a home. Study findings show that: Buyers in the East South Central and West South Central tended to place the highest […]

June 16th, 2011  |  Published in Good To Know  |  18 Comments


April Existing-Home Sales Ease

Washington, DC. May 19, 2011 Existing-home sales slipped in April, although the market has managed six gains in the past nine months, according to the National Association of Realtors®. Existing-home sales(1), which are completed transactions that include single-family, townhomes, condominiums and co-ops, eased 0.8 percent to a seasonally adjusted annual rate of 5.05 million in […]

June 15th, 2011  |  Published in News and Numbers


Phoenix-area rental homes dominate housing market

Foreclosures, recession spur surprise market shift by Catherine Reagor – May 18, 2001. The Arizona Republic Metro Phoenix has long been known for its supply of affordable houses, easy to buy and resell. Now, the rental market is dominating the region’s housing sector, something many real-estate experts and agents didn’t expect. Rental homes of all […]

June 14th, 2011  |  Published in News and Numbers  |  1 Comment


Good buy or goodbye?

Tips for shopping for foreclosed, short-sale and flipped homes. by Peter Corbett – April 23, 2010. The Arizona Republic It has a mountain out back and, apparently, a mountain of debt. Weeds and overgrown landscaping obscure a for-sale sign in the front of the foreclosed home northwest of Deer Valley and Cave Creek roads in […]

June 14th, 2011  |  Published in Good To Know  |  1 Comment


Foreign Buyers Recognize Value of Home Ownership in U.S.

Washington, May 18, 2011 The U.S. continues to remain a top destination for foreign buyers as international purchases surged by $16 billion this year, one of the highest increases in recent years. This is according to the National Association of Realtors®’ 2011 Profile of International Home Buying Activity. According to the survey, total residential international […]

June 6th, 2011  |  Published in News and Numbers  |  1 Comment


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