Showing posts with label desert ridge real estate. Show all posts
Showing posts with label desert ridge real estate. Show all posts
Wednesday, February 5, 2014
Nationwide home prices went down from Nov 2013 to Dec 2013.
AP Economics Writer
U.S. home prices slipped from November to December, and the year-over-year increase slowed, likely a result of weaker sales at the end of last year.
Real estate data provider CoreLogic says prices dipped 0.1 percent in December. It was the third straight month-to-month drop. Home prices had risen for eight straight months through September.
For all of 2013, prices rose a healthy 11 percent. That was roughly equal to the 11.4 percent price increase for the 12 months that ended in November.
Tuesday, June 4, 2013
Tuesday, May 28, 2013
Phoenix had hte biggest increase in home values in the Nation.
U.S. home prices jumped 10.9 percent in March compared with a year ago, the most since April 2006. A growing number of buyers are bidding on a tight supply of homes, driving prices higher and helping the housing market recover.
The Standard & Poor’s/Case-Shiller home price index released Monday also showed that all 20 cities measured posted annual gains for the third straight month.
And prices rose in 15 cities in March from February. That’s up from only 11 in the previous month.
Annual prices rose in Phoenix by 22.5 percent, the biggest gain among cities. It was followed by San Francisco (22.2 percent) and Las Vegas (20.6 percent).
New York City had the smallest annual increase, at 2.6 percent. It was followed by Cleveland with 34.8 percent.
www.AZNativeProperties.com
The Standard & Poor’s/Case-Shiller home price index released Monday also showed that all 20 cities measured posted annual gains for the third straight month.
And prices rose in 15 cities in March from February. That’s up from only 11 in the previous month.
Annual prices rose in Phoenix by 22.5 percent, the biggest gain among cities. It was followed by San Francisco (22.2 percent) and Las Vegas (20.6 percent).
New York City had the smallest annual increase, at 2.6 percent. It was followed by Cleveland with 34.8 percent.
www.AZNativeProperties.com
Tuesday, April 30, 2013
New Construction Housing Starts up...
The annual pace of housing starts topped 1 million for the first time in nearly five years in March, another sign of the rebound in the sector.
The pace of housing starts came in at an annual rate of 1.04 million in the month, up 7% from February and 47% from a year earlier. It marked the first time since June 2008 that the pace of building crossed the 1 million benchmark.
Great news for the housing recovery.
www.AZNativeProperties.com
Thursday, February 28, 2013
Real Estate Economy getting better
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
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
Thursday, December 20, 2012
Resale home sales are up again for November.
Although this may be a slow recovery, we have momentum that is expected to stay with us in 2013. Phoenix continues to be out front with values going up more than any other major metro area.
Associated Press
U.S. sales of previously occupied homes jumped to their highest level in three years last month, bolstered by steady job gains and record-low mortgage rates. The report was the latest sign of a sustained recovery in the housing market.
The National Association of Realtors said Thursday that sales rose 5.9 percent to a seasonally adjusted annual rate of 5.04 million in November. That’s up from 4.76 million in October.
Associated Press
U.S. sales of previously occupied homes jumped to their highest level in three years last month, bolstered by steady job gains and record-low mortgage rates. The report was the latest sign of a sustained recovery in the housing market.
The National Association of Realtors said Thursday that sales rose 5.9 percent to a seasonally adjusted annual rate of 5.04 million in November. That’s up from 4.76 million in October.
Wednesday, December 12, 2012
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