Phoenix "New Homes" sales on the rise
Phoenix new home sales on the rise
New home
closings in metro Phoenix
increased in December, as did the number of building permits pulled by home
builders. That’s according to new data provided by Valley-based RL Brown
Reports.
There were 855
new home closings in December as compared with 653 a year ago, or a 31 percent
increase. There were 492 residential building permits pulled as compared with
383 a year ago -- a 28 percent increase. By comparison, resales were down with
7,707 recorded in December as compared with 7,949 in December 2010.
Search for New Homes in Phoenix Arizona... http://www.findazproperties.com/HomesAuthenticated.aspx?tabid=810329
A wide price gap
continues, however, between new homes and resales. For instance, the average
sales price of a new home was $262,614 in December, while the average price of
a resale was $164,502. The median sales price of a new home was $221,861, while
the median price of an existing home was $117,000.
“This is a real
problem for the new housing market in this town and only a handful (of home
builders) recognize it,” the report states.
Shea Homes Shea
HomesLatest from The Business JournalsSunbelt
Holdings expands range of home builders at VistanciaHome
Builders: Shea HomesHome
Builders List No. 4: Shea HomesFollow this company had the
most local closings among major builders with 98 last month. Taylor Morrison Taylor
MorrisonLatest from The Business JournalsFormer
Jet Blue CFO takes same post with Taylor Morrison5
Questions About: The Valley housing marketHot
Leads: Startups, expansions, moves and new products and servicesFollow this company was
second with 66, followed by Meritage Homes with 64 and Blandford Homes with 57.
Despite the good
news for December, the report notes that 2012 remains a toss-up.
“As we enter
2012, it is really tough to know what factors will dominate the housing market
overall in the U.S.
and specifically here in the metro area,” the report states. “There are so many
to choose from and so few that we locally have any serious control over.”
http://www.bizjournals.com/phoenix/news/2012/01/18/phoenix-new-home-sales-on-the-rise.ht
www.FindAZProperties.com-
the Home of FREE Arizona MLS
Need help or can't find
the house you're looking for? Call me...I'll be happy to help :)
Candice Boggs
Arizona Homes Realty, LLC.
www.FindAzProperties.com-
Search Arizona
MLS - FREE
www.FindTheValueNow.com
602-677-9867 or Toll Free 1-888-926-7827
www.CandiceCares.com
Search Arizona MLS - Looking for a home in
Arizona?
SEARCH the same inventory that licensed Arizona Real Estate Agents
search...it's easy and it's FREE!!
SEARCH THE
ARIZONA MLS - IT'S FREE
Direct link to Find Az Properties
http://www.findazproperties.com/Arizona_MLS/page_782828.html-
Arizona MLS
http://www.findazproperties.com/HomesAuthenticated.aspx?tabid=2459030
- Scottsdale MLS
Experience you can trust to help you with your new home.
Please call or email and get your complete North Phoenix list of Arizona Bank
Owned homes.......... in Scottsdale and Phoenix we also serve, Anthem, Cave
Creek, Carefree, Desert Hills, Glendale, and Peoria.
Free AZ MLS Access, Arizona
MLS, AZ
MLS, MLS Search, Buyers may search ARMLS on this site without membership
through our IDX MLS Services. The Arizona
MLS from Arizona Homes Realty, LLC.