Tag Archives: sustainable market

Pause in Valley Housing Market

The Phoenix area housing market posted it’s worst February in four years and home prices may stay flat throughout 2014, according to Arizona State University’s latest housing report last week.  Despite the fact that substantially more homes were on the market than a year earlier, prices slipped by 1% from January and demand dropped by […]

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When looking at price increases, location matters!!!

http://www.dsnews.com/articles/amid-regional-gains-metros-present-wide-range-of-price-shifts-2013-06-04 While a wide range of price increases occurred across the nation, the rate of recovery has been mixed over most metropolitan areas.  When looking at the validity of the recovery, performances at the local levels were mixed when considering strength, sustainability and their relative positions as compared with 2006 prices.  It is noted that […]

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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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Are we in another “bubble” that might burst?

http://www.dsnews.com/articles/investors-inventory-shortgage-catalysts-to-housing-rebound-report-2013-04-18 Some homeowners & future buyers have been concerned that the low inventory of homes & the onslaught of investors purchasing properties in our market has created another bubble.   Protek Valuation Services Home Value Forcast say otherwise, stating that they believe these factors have CONTRIBUTED to our Real Estate recovery rather than creating an artificial […]

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Are Our Rising Home Prices Sustainable?

http://www.dsnews.com/articles/survey-71-of-bankers-say-price-increases-are-sustainable-2013-04-09 It’s great to see home prices rising in Phoenix & surrounding communities, but many homeowners (and buyers) are questioning whether this is sustainable or if we’re looking at something temporary.  Area lenders seem to be more optimistic regarding our housing recovery with 71% agreeing that our consumer health is improving.  This should help buyers […]

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