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 [...]
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 [...]
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 [...]
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 [...]
by Catherine Reagor – August 8, 2010. The Arizona Republic
More buyers are finding Southeast Valley homes affordable again.
Amid the worst home-building slump in more than two decades, location has once again become the most important factor for metropolitan Phoenix’s new-home buyers.
After being pushed to the extreme edges of [...]
Take a look at these charts to get an overview of our home sales and foreclosures in Maricopa county.
Monthly Notices
The foreclosure process is started by the bank filing a Notice of Default for each home that is typically 90 days late on paying their mortgage.
Total Pending
Once [...]
by Catherine Reagor – April 20, 2011. The Arizona Republic
“Metro Phoenix’s housing market took a turn for the better last month, and if current trends continue, home prices could start to climb again before the end of the year.”
“Market experts say now is still too early to declare the beginning of a [...]
Phoenix named one of 11 comeback cities
Monday, April 11, 2011 – Phoenix Business Journal
It’s renewable energy that’s fueling growth in Phoenix. One new solar manufacturing plant in the works will create 600 jobs. Another firm is investing $50 million and has committed to 500 jobs in the region. [...]
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