Valley Home Values 2013: Housing market upacross the board

Posted by on Mar 25, 2013 in LATEST MARKET NEWS | 0 comments

Some parts of metro Phoenix saw home sales prices soar more than 30 percent in 2012 and median sales price in most of the region’s ZIP codes climbed significantly. Get more information on sales prices and market trends in Maricopa and Pinal counties in the Valley Home Values special report Saturday, Sunday and Monday. READ...

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U.S. home prices post biggest jump in over six years -CoreLogic

Posted by on Feb 7, 2013 in LATEST MARKET NEWS | 0 comments

Feb 5 (Reuters) – U.S. home prices rose for a tenth consecutive month on a year-over-year basis in December, posting their biggest gain in more than six years, data analysis firm CoreLogic said on Tuesday. CoreLogic’s home price index rose 0.4 percent from the previous month and added 8.3 percent compared to...

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Phoenix area has 7 of 50 best-selling housing developments in the US

Posted by on Feb 1, 2013 in LATEST MARKET NEWS | 0 comments

Seven master-planned communities in metro Phoenix have been named among the top 50 best-selling residential developments in the nation in 2012. The Valley projects were ranked based on a recent survey by Irvine, Calif.-based John Burns Real Estate Consulting, in which about 100 of the nation’s largest communities disclosed...

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Phoenix home values soar at end of 2012 to lead nation

Posted by on Jan 24, 2013 in LATEST MARKET NEWS | 0 comments

The metro Phoenix housing market has long been known for its volatility, so it should be no surprise that it lived up to its reputation through the end of last year, posting the largest — by far — home-value gains in the nation. The latest figures released Tuesday by Zillow Inc. show Phoenix home values soared by 22.5...

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Builders Build at Fastest Pace in 4 Years

Posted by on Jan 24, 2013 in LATEST MARKET NEWS | 0 comments

Builders broke ground on new homes in December at the fastest pace in more than four years offering a “solid ending to 2012 and a promising start to 2013,” according to the National Association of Home Builders. Housing starts soared 12.1 percent in December, reaching a 954,000 annual rate and the fastest pace since June...

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Home Owners Reluctant to Sell; Inventories Fall

Posted by on Jan 20, 2013 in LATEST MARKET NEWS | 0 comments

Inventory levels of for-sale homes at the end of 2012 were down 17.3 percent from year-ago levels, reaching the lowest level in more than five years, Realtor.com reports. In some areas, inventories have dropped 68 percent over the year. “It’s been a buyers’ market for a while. Sellers have been reluctant to put their...

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