Tag Archives: housing recovery

Could another Phoenix-area housing shortage be on the way?

The Phoenix area could soon see another shortage of homes for sale, like the one it endured from 2012 to 2013. According to a new report from the W. P. Carey School of Business at Arizona State University, very weak demand is masking the fact that relatively few homes are coming onto the market for […]

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Mortgage Rates, Low Inventory Greatest Obstacles for Homebuyers

According to Redfin, 53% of home buyers say that rising mortgage rates are one of their major concerns with buying a home right now. However, low inventory continues to be the chief concern at a whopping 58%. Buyers still are quoted as saying it is a good time to buy and feel that the nation […]

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5 things to know about rising rates

  We are all seeing interest rates rising into the mid 4% range and many home buyers are concerned about the effect this will have on the Real Estate Market.  Here’ is how to prepare for these rising rates if you are considering buying or even refinancing your home… 1) Even thought the rates aren’t […]

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The Future’s So Bright You Gotta Wear Shades

http://www.dsnews.com/articles/nar-speculates-on-future-of-housing-at-expo-2013-05-17 The National Association of Realtors, at their annual Midyear Meeting in Washington DC this week, said they expect existing home sales to increase to nearly 5 million this year and then grow to an annual rate of 5.3 million in 2014 & 5.7 million in 2015.  Dramatic price increases are also expected to continue […]

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Not another Bubble, Trulia confirms

Many homeowners & buyers are worried that the present price increases & housing recovery is leading towards another bubble experienced back in the 2005/2006 fiasco.  Trulia has done some research comparing various price indexes to per-capita income & rent data obtained by the government & concluded that home prices are still 7% undervalued nationally, coming […]

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Consumer Confidence Surges with Recent Home Price Gains

http://www.dsnews.com/articles/confidence-in-home-price-gains-reaches-record-level-2013-05-07 According to Fannie Mae’s Monthly National Housing Survey, optimism over the health of our Nation’s Housing Market, based on increasing home values, saw a continued growth in the month of April.  This was the first month in over 3 years that more than half the surveyed home owners responded that they anticipated future price […]

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