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Jeff Cameron

HomeSmart

480-652-2004

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Valley Home Sales Surge 70% The Facts are coming out, Are they pointing to a housing recovery?

December 26, 2009 By Jeff Cameron

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Sorry, I kinda checked out for the Christmas holiday. Well, really I got a virus, bought a new computer, was on jury duty and had the holiday and family to consume this last week!

I wanted to update you on some of the recent data about both the national and our valley’s housing market.

  • Home Sales Jumped 30% in the West
  • Phoenix was much stronger with a 70% rise over last year(have you heard this story???)
  • The Valley’s median sale price fell by 13% from last year
  • BUT, prices are up 13.9% since their low in March
  • Nationally sales soared by almost 47%

If you would like to discuss the market in more detail, or have questions specific to your situation; please call me at 480-502-7699 or email Jeff@thecameronteam.com

 

LOS ANGELES – Home sales jumped 30 percent in the Western region of the country in November, driven largely by first-time buyers racing to qualify for a tax credit that was set to expire.

In the Phoenix area, the change was far more dramatic, with November home sales up 70 percent from a year earlier, according to a National Association of Realtors report based on data from the Arizona Regional Multiple Listing Service.

Read the rest of the story:       http://ow.ly/PUZY

Filed Under: Latest News Tagged With: Arizona Real Estate, jeff cameron, metro Phoenix home sales, Phoenix Real Estate, real estate in Scottsdale, real estate update, the cameron team, www.arizonabankdeals.com

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8388 E Hartford Ave,
Scottsdale, AZ 85255

Jeff: 480-652-2004

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