New Home Sale Rise to Highest Level since 2010. That was when the First Time Home Buyer Tax Credit was in place and buyers rushed to buy homes and qualify for the credit. We are seeing it everywhere here in Metro Phoenix. Prices are rising, subdivisions are selling out and new ones are starting. I…Read More→
A surprising housing development we haven't seen since 2006 – From Bloomberg
Its starting to spread. People are realizing what we have been experiencing for some time now. Some time, more like 2 years. But it took a while to change consumer sentiment for housing. This market should have rebounded last year, however, everyone keeps being told prices are going down and they do. Not due to…Read More→
JOB LOSS SLOWS ACROSS AMERICA
The job loss slowed in April as the market begins its recovery. Jobs are always a lagging indicator. I believe we will be in recovery by the 4th quarter of this year. As the sales of homes continue to improve, this will add jobs. More lenders, more title reps and more Realtors. As these new…Read More→
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