A good indicator that the real estate market is getting better are the number of building permits filed by builders. 2013 is off to a good start with the greatest number of permits in January since June of 2008.
Permits are a sign that builder's are more confient in the market and will start building again. Nationally permits are up 2% over December 2012 but 35% over January 2012.
The market continues to get better nation wide with Metro Phoenix leading the pack. The median value of a home in metro Phoenix went up almost 16% in 2012 while homes sales went up 34%.
The overall value of single family homes in Maricopa county was $127,000 in 2012, up from $109,000 in 2011.
These are all good signs the housing economy is improving and it's the right time to buy. Contact me to see if it's the right time to buy for you. www.AZNativeProperties.com or 602-224-0554
I want this changes in India.thanks for providing the information about your real estate economical changes.My property
ReplyDeleteReal Estate Forecast 2013: The Housing Market .... cities where they can expect better amenities, public transportation, and job opportunities. buy my note
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