Homes Sales Archives - J.P. Cook - Arizona Real Estate

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

Instant Reaction: April Jobs Report

May 13, 2017

Market Outlook, Mortgage Rates

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The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Bureau of Labor Statistics jobs report for April: “This good jobs report for April should dispel any notion of a potential economic recession. Moreover, the continuing low levels of people filing for unemployment checks, as well as the high numbers of job openings,

The Importance of Lawn Care

May 11, 2017

Around The Home, Homeowner Tips, Yard

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Taking care of a home’s landscape in the summer heat can be a daunting task for many homeowners. However, if a homeowner is looking to sell his or her home in the warmer months, maintaining or creating a beautiful lawn can mean selling a home faster and for more money. According to the National Association

Looking at Mexican Buyers of U.S. Property on Cindo de Mayo

May 5, 2017

Holiday, Housing Market

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Cinco de Mayo recognizes the Mexican army’s triumph over France at the Battle of Puebla on May 5, 1862. While today gives us a chance to celebrate Mexican culture here in the U.S., many of our Mexican friends own property here. According to NAR’s 2016 Profile of International Activity in U.S. Residential Real Estate, Mexico ranked fifth

WATCH: Lawrence Yun Discusses March Pending Sales, Inventory and Lumber

April 28, 2017

Housing Market

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After last week’s report of a solid 4.4 percent jump in existing-home sales in March, signed contracts to purchase homes split the other way, inching backward 0.8 percent. The reason, according to NAR Chief Economist Lawrence Yun, is simple: too few homes for sale to match the sizable demand this spring to buy a home.

Home Sales Spiked in March…and Sold Fast

April 24, 2017

Housing Market

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An abnormally warm winter, strong consumer confidence and robust underlying demand ended up being the perfect formula to push existing-home sales in March to their highest pace in over 10 years. More notably, despite the fact that supply is extremely tight and buying a home has gotten more expensive, home sales are up convincingly from a

Instant Reaction: March Housing Starts

April 20, 2017

Build a New Home, New Construction

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The following is NAR Chief Economist Lawrence Yun’s reaction to this week’s U.S. Commerce Department report on March residential construction: “A major housing shortage exists in this country. It is therefore disappointing to witness in March the continued lackluster performance in new home building, which was the second lowest activity over the past six months. Home

Tax Day is Here Again. Here’s the Big Homeowner Advantage:

April 18, 2017

tax tips, taxes

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Except for accountants, Tax Day probably isn’t anyone’s favorite day of the year. The whole event comes with some level of stress, even for those filers expecting a big return this year. The National Association of Realtors® is reminding homeowners that they have a big tax advantage. According to NAR, homeowners saved an average of

Instant Reaction: March Jobs Report

April 7, 2017

Housing Market Updates

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The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Bureau of Labor Statistics’ report on employment conditions in March: “The soft hiring seen in March is not too concerning and likely a single month aberration. The recent high levels of voluntary quitting, presumably because of better job opportunities elsewhere, will lead

NAR Goes to Capitol Hill on Appraisals for VA Home Loan Program

April 5, 2017

Mortagage Tips

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It’s no secret that a professional appraisal is key to getting a clear understanding of the home purchase. It’s an important part of ensuring that buyers pay a fair price for their new home, and buyers who utilize the Department of Veterans Affairs’ Home Loan Guaranty Program are no exception. Realtors® took to Capitol Hill