Let’s take a look at the Arizona housing market and what you can expect from it in the coming year. Housing markets can be unpredictable. One year, it’s a buyer’s market. The next, it could be a seller’s market. One thing that’s guaranteed about the property is that nothing is guaranteed. While you can never… Continue reading Arizona Housing Market Predictions
Category: Arizona
arizona housing market
2016 Arizona Housing Market and Real Estate Predictions
Arizona, the Grand Canyon State, is the 48th state to become part of the United States. A size of 113,990 square miles makes it the sixth largest state by size. A population of 6,410,979 places Arizona 14th in population in the United States. Arizona is known for warm, sunny weather throughout the year. The state’s… Continue reading 2016 Arizona Housing Market and Real Estate Predictions
2015 Arizona Housing Market Predictions
Once the epitomic example of the housing market crash, the Arizona housing market is now one of the stronger markets in the country. Increases in home construction and sales can be seen throughout the state. Most representative of the health of the Arizona real estate market is Phoenix, which has made a complete roundabout. Instead… Continue reading 2015 Arizona Housing Market Predictions
2014 Arizona Housing Market
Arizona’s housing market took a harder hit than most other states during the recession. That fact is no longer news to us. The state is still a good two or three years away from making a full recovery to pre recession economics. Most reports predict a surprisingly stable and balanced 2014 Arizona housing market. By… Continue reading 2014 Arizona Housing Market
Foreclosures Rise 18%
The epidemic of foreclosures is rising, according to newly released figures from RealtyTrac, despite a slight slowdown in activity during the month of May. Year over year foreclosures rose 18%. Foreclosure filings, including default notices, scheduled auctions and bank repossessions were reported on 321,480 properties during the month, a decrease of 6% from April. The… Continue reading Foreclosures Rise 18%
The Best Real Estate Markets 2013
When considering which real estate markets are the best, it is wise to look at home sales among other aspects as this number often reveals a thriving real estate market. Below is a list of the top 25 real estate markets in America today from the least to the greatest: Oklahoma City, Oklahoma: According to… Continue reading The Best Real Estate Markets 2013
70 US Cities Forecast with Higher Home Prices
By Mike Colpitts Nearly mid-way through the year 70 U.S. cities housing markets are forecast to recover in 2012, and some of them are already making successful inroads on their way with appreciating home prices. The cities include five that were forecast by Housing Predictor at the beginning of the year to appreciate in value,… Continue reading 70 US Cities Forecast with Higher Home Prices
Bulk Government Foreclosure Sales Start
By Mike Colpitts The U.S. government is starting to sell-off its massive over-supply of foreclosed homes to investment equity firms at major discounts in a controversial trial program that could result in the future sale of hundreds of thousands of similar homes for pennies on the dollar. The Federal Housing Finance Agency (FHFA) announced the… Continue reading Bulk Government Foreclosure Sales Start
Foreclosure Sales Explode
Sales of foreclosed homes are exploding amid the housing downturn as banks price properties at prices to get them off the books quickly. The surplus of foreclosed properties is at all-time high and the troubled lending industry is cutting prices to where they have to be in order to attract buyers. The homes are attracting… Continue reading Foreclosure Sales Explode
National Real Estate Prices Forecast to Deflate Further
Scrambling to find a bottom, the U.S. real estate market is falling further and further in most areas of the country. Home prices nationally will deflate an average of more than 8% in 2008, according to the Housing Predictor forecast. The real estate crisis, triggered by an over supply of new creative financing programs and… Continue reading National Real Estate Prices Forecast to Deflate Further