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SW Valley leads realty rebound, experts says
Although home sales in most of the southwest Valley declined from July 2006 to July 2007, there is confidence among real-estate and housing experts that the market is correcting itself and rebounding. "People are looking at the idea that the market Read More...
BUT WAIT......... JULY SALES UP!!!!!!!!!!!!
Positive July sales ease bite of credit WASHINGTON - Sales of new homes turned up and factory orders soared in July, suggesting the economy was on stable footing before a credit crunch took a turn for the worse. The Commerce Department reported Friday Read More...
Letter to The Economist
This article is from local economist Elliott Pollack's website. It is a letter from Elliott Pollack dated August 8, 2007 to editor of The Economist Magazine in response to a negative article about Phoenix in the July 26th 2007 edition of The Economist Read More...
Arizona Home Sales Statistic’s for June 2007
Links provided courtesy of Arizona MLS (ARMLS) This representation is based in whole or in part on the data supplied by ARMLS. (Not from Rod Rebello) ARMLS does not guarantee nor is in any way responsible for its accuracy. Data maintained by ARMLS may Read More...
Arizona has 4 cities in the top Ten
America's 100 fastest-growing suburbs . Gilbert Arizona The fastest-growing big suburb (with a population of 100,000 or more) is Gilbert, Ariz., outside Phoenix, which grew from 112,766 people to 191,517. The Phoenix area saw the greatest positive Read More...
FORECLOSURES SOAR - Queen Creek and Pinal County in the southeast to Laveen, Goodyear and Buckeye in the southwest to Surprise and Anthem
Foreclosures soar on outskirts More people on Valley's fringe losing homes Home buyers have long flocked to metropolitan Phoenix's farthest flung suburbs to get the most house for their buck. In the housing market, it's known as "drive Read More...
Foreclosures in Arizona - What does it Mean?
Financing deals now haunt borrowers, but 'correction' no surprise to experts The fallout from the country's real-estate slump continues to reverberate in Arizona and across the nation as more homeowners and lenders turn to foreclosure to solve Read More...
Phoenix housing market is 'about where it should be'
Despite the huge number of homes for sale in the Phoenix area, real estate expert Jay Butler says prices remain above the national average. "The market is about where it should be, and people don't like to hear that," the director of realty Read More...
Arizona Home prices expected to..........
Arizona Home prices expected to rebound in 2008 Real estate trade group expecting bounce back after gloomy 2007 The prices of existing and new homes are expected to bounce back next year after a dreary 2007, a real estate trade group said Wednesday. The Read More...
Mortgage Information You Can Use!
CNN: "Looking for Ways Out of the Subprime Mortgage Crisis," USA Today: "Neighborhood Finds Real Estate Loans Too Good to Be True" Washington Post: "Foreclosure Rate Hits Historic High" We've all seen the headlines. What Read More...
New U.S. home sales slide in May
Discuss: How’s the housing market in your area? ARIZONA HOMES REAL ESTATE - Sales of new homes fell in May for the fourth time in the past five months, providing further evidence of a continued slump in housing. The Commerce Department reported Read More...