Tag Archives: profit

July Monthly Market Report

Considering Selling your home yourself?  Five reasons why choosing the help of a REALTOR is a good idea.  For help by a Trusted Advisor call me at 602-739-0095

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Strong Equity Gains are Giving Homeowners More Options

Residential homes in the United States have experienced strong equity gains in the last three years, and a recent survey indicates that they expect the equity gains to continue in 2016.  In a new survey conducted by loanDepot released Monday, 60 percent of respondents said their homes have gained equity in since 2013 as the housing […]

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Buyers Who Can Profit from Today’s Market

There are 4 types of buyers who are the best candidates to profit from today’s market conditions: Move Up Buyers:  Buyers selling smaller homes and moving up to a larger, more expensive property can more than recover any losses they get from selling with the savings they’ll proportionally receive when they buy a more expensive […]

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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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Phoenix Area Home Prices Continue to Surge

  The Arizona Republic reported yesterday that our low supply of homes is allowing local prices to surge.  This is not a surprise to area Realtors who have seen home prices gaining steadily over the past months, in some parts of the valley growing over 30% to $175,000 from last year at the same time. […]

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Phoenix Home Sales Median Price Continues to Increase

http://www.azcentral.com/business/articles/20130503phoenix-home-sales-median-price.html Metro Phoenix median home sales price rose to $175,000 in March, a 3% increase from February marking a 30% increase over the last year.  Prices are expected to continue to increase, at least until June which is our traditional peak buying season in the Valley.  However, prices still haven’t increased enough for many homeowners […]

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US Home Prices Have Highest Increase in 7 Years

The National Association of Realtors announced a 9.3% gain in US home prices in February of this year as compared with a year ago, driven by increased number of buyers and a decreasing inventory of available homes to purchase.  Increasing employment & near-record low mortgage rates are keeping demand for home buying high, helping sustain […]

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Optimism Among Homeowners Continues

http://www.dsnews.com/articles/gallup-more-americans-expect-to-see-prices-rise-2013-04-22 A recent Gallop pole confirms that more Americans expect home prices to rise in their areas for the first time since 2007.  :ast year only 33% felt that optimism which is a testament to the visible recovery in the housing market in 2013.  Residents in the Western states show the most positive outlook where […]

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Arizona among top states in home-price gains in Feb

With US home prices jumping up by the larges amount in over 7 years, Arizona boasts to be one of the nation’s top “gainers”.  CoreLogic, a Real Estate data provider, stated that most of the larges gains were in the West where Nevada was #1, Arizona #2 & California #3.  Hawaii & Idaho rounded out […]

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Renters: Is it NOW time to BUY?

The combination of incredibly low mortgage rates, rising rental rates, and very low inventory levels, those who have previously been renting their homes realize now is a good time to purchase.  The problem many are finding, however, is that there is stiff competition for the lower price point homes and many are put in the […]

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