The National Association of REALTORS® estimates that home prices will increase in the U.S. around 2 percent on average in 2018, but some individual states are predicted to see more growth or in sames cases decreases. Here is an infographic highlighting some of the states where housing prices are expected to rise and fall the
By a vote of 58-41, the U.S. Senate confirmed Dr. Ben Carson on March 2, 2017 as the next Secretary at the Department of Housing and Urban Development. National Association of Realtors® President William E. Brown laid out the challenges that lie ahead, saying Realtors® look forward to working with Secretary Carson to advance home ownership and
Highlights: 45 million existing homes were sold in 2016! This is the highest mark set since 2006. Inventory of existing homes for sale dropped to a 3.6-month supply, the lowest level since NAR began tracking in 1999. The median price of homes sold in December was $232,200. This is the 58th consecutive month of year-over-year
Valley homes worth less than a quarter million dollars are growing in value according to the latest real estate report from the W.P. Carey School of Business at Arizona State University. The report credits increased appreciation of those homes to a lot of people wanting them and there not being a lot of them available.
Many of us are wondering if our houses have suffered any damages from earthquakes, but what do we look for in this case? Will damages show up later? We gathered some information from the Federal Emergency Management Agency (FEMA). Here is a checklist on what to look for inside and outside your house to see
In comparison to 2013, the 2014 Arizona real estate market experienced a fairly balanced market, meaning the number of homes that were available for sale and the number of buyers for those homes was approximately equal. The 2013 market favored sellers because there was a shortage of homes available for sale in comparison to buyer’s demand. Due to high
Distressed real estate is real estate in need of serious repairs. These properties are often called "handyman specials." If you have the skill or the money to complete the repairs, you can often find great deals. Here are some dos and donts of buying distressed real estate.
