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July 2009 - Posts

New homes sales in The North Valley Soar - Scottsdale Real Estate
Purchases of new homes in the U.S. climbed 11 percent in June, the biggest gain in eight years, adding to evidence the slump that began in 2005 is stabilizing. Sales increased to a 384,000 pace, higher than any forecast of economists surveyed by Bloomberg Read More...
New Reports.... Show Improvement in Arizona Housing Market
Two new reports show slow improvement is being made in the East Valley's new and existing home markets. Home sales increase, median price down Housing market may be changing course Last month, new-home construction permits reached 1,018 across the Read More...
Scottsdale, Cave Creek & North Phoenix Home sales on the raise
In June 2009, 11,820 resale homes recorded as being sold, while there were 9,980 recorded sales in May and 7,840 sales for a year ago. Foreclosure activity in June 2009 represented 34 percent (4,060 transactions), while there were 7,760 traditional market Read More...