This is just the beginning. With all these homes selling that are in need of repair, Home Depot and lowe’s are going to be increasing sales and profits. We are moving in the right direction. Just my opinion…Jeff Cameron Depot Profit Rises on Cost Cuts Topics:Recession Housing Retail Sales Stock Market Earnings Sectors:Retail Companies:Home Depot…Read More→
MORE GOOD NEWS FOR FIRST TIME HOME BUYERS, USE TAX CREDIT AS DOWNPAYMENT
Yes, that is NAR working to find answers to the mortgage meltdown. HUD is working on a program with preferred lenders to use the First Time Home Buyer Tax Credit of $8,000 as a down payment.This would add to demand. This whole issue right now is about supply and demand. Oh and don’t listen to…Read More→
THE CAMERON TEAM MAKES ABC 15 NEWS
In a real estate report on ABC 15 news, The Cameron Team listing on Palm Ridge in Sienna Canyon at McDowell Mountain Ranch was shown. This article was about the housing market hitting bottom. They state the 85255 area sales prices are up 11% YTD. I don’t know that I agree with that, but we…Read More→
INVENTORY OF SINGLE FAMILY HOMES DOWN 33% YEAR TO DATE
How about that for a head liner. It is the truth. On January 1, 2009, there were 43,000 Single Family Homes on the market in the MLS here in the Metro Phoenix area through ARMLS. Today that number is 28,851. That is a 33% drop in inventory over the past 4.5 months! The real estate…Read More→
REPUBLIC: VALLEY'S RESALE NUMBERS BRING HOMES OF RECOVERY
Hey hey hey, two days in a row with positive news about the real estate market here in Metro Phoenix, are the news people dipping into the coolaid???Today the republic reported last month 6,640 existing homes changed hands, well below what the MLS shows, but any how that was up from their 5,940 number for…Read More→
FINALLY, SOME REPORTS ON HIGHER SALES OF HOME
It is so nice to finally see some real reports on how much the home sales have jumped recently. This report shows home sales in Arizona are up 50.2%. Prices are down, but sales are up. We need demand to take over before we see price increases. They are coming soon, well coming now in…Read More→
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