Found 13 blog entries tagged as Phoenix Real Estate.

Newly listed town home for sale in Phoenix near the Biltmore area by local real estate agent and Realtor Cynthia Thompson.  If you are looking for other homes in the Phoenix area, be sure to check out our search page on our web site.  You'll be able to to see all available real estate for sale in the Phoenix area.  Be sure to contact Cynthia at 480.589.1946 if you have any questions or want to see any properties.

4035 N. 28th Street, Phoenix AZ  85016

Welcome to Townhomes on 28th Street, a community of 8 modern town homes. Built with AAC-Crete walls, STEEL Framing, Low-E windows, and 13 Seer AC-all energy saving features! First floor includes: kitchen, great room, bath, 2 car garage. Second floor includes: 3 bedrooms and 2 bathrooms, laundry & balconies.…

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Phoenix regional real estate indicators show healthy need for houses.

Demand for Phonenix homes lagging priceThe question is whether prices are following the housing market's return to pre-recession conditions.  New July numbers from RL Brown Housing Reports show existing home sales up 22 percent in July from last year. New home sales were up 10 percent in July vs. July 2014, and allows for brand-new house construction were up 55.5 percent.  Year-to-date, new home building permits are up 39 percent versus 2014 and existing house sales are up 13 percent.

Costs, nevertheless, are not revealing the very same toughness.  The typical list price for an existing house in July came in at $200,000, according to Scottsdale-based RL Brown.  The median cost of a brand-new home chose $299,990 in July…

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Phoenix realty market is still hot, but ending up being more balanced August 14, 2015. The Scottsdale Area Association of Realtors ® (SAAR) recently launched its monthly Market Data Report, which highlights vital metrics for residential housing inventory.

The number of homes currently listed for sale dropped again this month, making July the sixth continuous month of decreasing inventory in the Phoenix Valley. There is currently $7.7 billion in overall volume of homes for sale, $9.1 billion below this very same time only two years ago. Lack of property results in greater sales costs as more buyers compete for less available houses. Fortunately, the new listing count and brand-new listing volume increased somewhat from June, which might be an indication…

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Here is the latest housing market update release from the Arizona Regional Multiple Listing Service.  The numbers are reflective of many real estate markets throughout the country, showing rising prices and below normal inventory.  While this does have an upward pressure on prices, the numbers are not moving as fast as you might think.  When you look at average prices and average price per square foot, those price increases are only 1.2% and 0.46%.  While slow and steady is not all bad, the prices have not moved far enough to motivate investors or some owner occupant sellers to pull the trigger yet.  Read more information from the report below.  You can read the entire report and see all the charts HERE.

June stats for housing market number in the Greater Phoenix areaThe biggest change in homes financed occurred…

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Find Out Why Phoenix Area Boomerang Home Buyers Will Help Drive Home Prices Up

There are number of home owners in the Phoenix area who went through a short sale or foreclosure in the last 5 to 7 years, who are now eligible to purchase again.  The video below provides some great information on why these buyers will fuel the market again, and how long people who have been through foreclosure or short sale need to wait in order to repurchase under an FHA, VA, or conventional loan.  If you are looking for a home in the Phoenix valley, be sure to contact us at 602.456.6039.  We can team you up with one of our local Realtors who can assist you in looking for a home and getting prequalified.

azfamily.com 3TV | Phoenix Breaking News, Weather, Sport

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The QB comparison has started as Media Day begins down here in Phoenix, Arizona.   The Russell Wilson and Tom Brady comparison as they are two very different QB's.  Russell's outside the pocket passing and ability to extend plays is almost unmatched, while Tom Brady's over 20 yard passing this season has been somewhat dismal.  His approach to move the ball has been shorter yardage passes, especially in the red zone.  Take a look at the video below to get more commentary on the two Super Bowl XXIV quarterbacks.

 

For those Seattle Fans looking to either move to the Phoenix area or looking for a second home, be sure to contact The Cascade Team - Arizona for the most current information on homes available in Phoenix.  If you are an agent in…

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Home prices are rising at levels not seen since the real estate boom, but American homeownership remains on the decline.  Currently the three areas serviced by The Cascade Team are in the top 13 metro markets in the US; Seattle, San Diego and Phoenix topping the list with a 12 month increase of 23%.

The two trends underscore the nature of the housing rebound: Gains in pricing have been driven significantly by investors; especially in the Phoenix housing market, leaving many would-be buyers behind.

Home prices are rising because of strong demand, a lack of supply and a sharp recovery in the hardest-hit markets. The number of foreclosed homes coming to market has also dropped dramatically. But because lending standards remain tight, the everyday home…

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Here is a video done by Channel 3 with some information on the Phoenix housing market and the new "Boomerang Buyer".  The real estate market has shown some great improvement over the last 6 months and with home buyers now passing the two year window for repurchase, you are starting to see more Phoenix area home buyers entering the marketplace.  With increased demand for housing and a limited inventory, you are starting to see prices increase across the valley.  However you still have a number of new listings hitting the market that are priced too high, but as a home buyer the appraisal is still your protection from over paying in a hot market.  The downside is that some home sellers don't want to deal with appraisal issues and may look to work with buyers…

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Here's the Cromford Report's Phoenix real estate market summary for the beginning of April: March was a somewhat stronger month for sales volumes but most Phoenix housing trends continued in the same direction as they have for many months.

Here are the basic ARMLS numbers for April 1, 2013 relative to April 1, 2012 for all areas & types:

• Active Listings (excluding UCB): 16,415 versus 14,175 last year. Up 15.8 percent but down 3.9 percent from 17,090 last month.
• Active Listings (including UCB): 20,670 versus 21,841 last year. Down 5.4 percent and down 3.7 percent from 21,460 last month.
• Pending Listings: 10,658 versus 11,964 last year. Down 10.9 percent but up 3.5 percent from 10,300 last month.
• Monthly Sales: 8,162 versus 8,187 last year. Down…

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THE ARMLS PENDING PRICE INDEX™ - February 7, 2013

The ARMLS Pending Price Index is a metric unique to ARMLS which uses pending sales data inside MLS to forecast pricing over the next 30 days. In December, PPI predicted January’s median sales price to be $154,500, missing the actual figure of $154,900 by 0.26%. Last month, PPI predicted the average sales price to land at $205,300, falling short of the actual average price of $208,400 by 1.52%.  With both numbers coming in higher than forecasted, that shows as a positive sign for trending price action on Phoenix area home prices.
This month PPI forecasts the median sales price in February to be $155,000, and the average sales price $206,300, which is nearly flat to last months numbers.

With regards…

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