Phoenix Housing Market Update

  Phoenix housing market update.  Wondering what's going on in the Phoenix housing market?  Well, here is your Phoenix housing market update.  Even the media hasn't caught up with the Phoenix housing market, the media is usually 2-4 month behind. According to the Forbes article below, right now is a great time to invest in Arizona Real Estate. Read more to find out why! Should You Invest … [Read more...]

Latest Listings in Dobson Ranch Mesa

Check out the latest listings in Dobson Ranch, Mesa Arizona.  Dobson Ranch is one of the premier areas in Mesa.  This community have rose gardens and rivers flowing through the community including a golf course and many family activities.  When considering moving to Mesa Arizona, consider Dobson Ranch.  Close to Tempe, Phoenix, and Scottsdale.   Fill out the form below for more details … [Read more...]

Housing Market Update for Phoenix

What's the housing market update for Phoenix this past few days?   Well, the Cromford® Demand Index is losing upward momentum again, hitting its lowest point since December today. The market is well positioned but so far there has been no significant uptick in demand that would be required to push the index higher. Last year was similar. January was very lackluster, but everything changed as soon … [Read more...]

Where are the Canadian Buyers in Arizona?

Where are the Canadian Buyers in Arizona?  Arizona has always been a winter destination for Canadians and Midwesterners.  Canadians love not just our Arizona weather, but the great value of our property, along with our amazing lifestyle.   Canadians have typically come to Arizona to play golf, hike, shop, and many more outdoor activities.  Canadians take full advantage of our weather, and great … [Read more...]

What are the limits for an FHA loan in 2016 for Arizona?

What are the limits for an FHA loan in 2016 for Arizona?  The FHA single family loan limit for all Arizona counties will remain unchanged in 2016.  The loan limit is $271,050 for all counties except Coconino where it will be $347,000. Higher limits apply for duplex, triplex or fourplex properties. The loan limit of $271,050 is what is called the "floor" at 65% of the national conforming loan … [Read more...]

Does Arizona Still have a shortage of housing supply?

Does Arizona still have a shortage of Housing Supply?  We still have a shortage of Housing supply but it is really only affecting the lower price ranges. I would say below the $250,000 price range.  Housing Supply at the upper prices ranges is adequate and in some segments excessive. This is not only true of homes to buy, it appears to be a growing phenomenon for rentals too.  Homes in the price … [Read more...]

Update on the Phoenix Housing Market

Update on the Phoenix Housing Market.  What's going on with the Phoenix Housing Market?  Well, the Phoenix Housing Market has some slowing and I have two different opinions on why the Phoenix Housing Market is starting to slow. Starting in October 2015, we had some lending changes,  One of those lending changes was TRID.  TRID is an acronym for TILA- RESPA Integrated Disclosure,  also referred … [Read more...]

How are Trustee Sales doing in Arizona?

How are trustee sales doing in Arizona?  First, what is a trustee sale? A trustee sale is a publicly-held auction where buyers can bid on real estate properties. Trustee sales are conducted when a homeowner is in default of his mortgage payment for more than 60 days.  How are trustee sales doing in Arizona, I am starting to feel sorry for trustee sales as they are so low and neglected these … [Read more...]

Top 7 Zip codes for appreciation In Arizona

The top 7 zip codes for appreciation in Arizona are here in the East Valley.  In these 7 Zip Codes, the appreciation has increased over 10% when compared to the 3 months average price per square foot with last years at this same time. The biggest rises in average sales price per square foot over the last year have been in the areas closest to the center of the Phoenix conurbation and close to … [Read more...]

Monument Ridge at Lehi Crossing

New gated Subdivision in North East Mesa in desirable schools including Ishikawa elementary, Stapley Jr. High, and Mountain View High School. Close to the loop 202 freeway which will take you to Tempe and down town Phoenix within 15 minutes. Close to down town yet close enough to all the outdoor activities, which includes Saguaro Lake and Salt River were you can do many activities such as … [Read more...]