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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...]

3 ways to ease your fears about making a move

Here are 3 ways to ease your fears about making a move.  With low inventory in many markets throughout the country, many homeowners are afraid to sell their homes because they’re concerned that they may not be able to find a new one. This can be a real problem, but if you are seeking to sell, whether to upgrade or find a new neighborhood, there are a few ways to combat the low … [Read more...]

Active Listings in Chandler with 4 bedrooms

Active Listings in Chandler Arizona with 4 bedrooms,  contact Lydia Wietsma at for more details or to preview any of these homes.......     … [Read more...]

How many permits did we have for 2015 in Arizona?

  How many permits did we have for 2015 in Arizona?  Well, the permit counts are a bit late this month but we finally have them for the month of December and therefore the whole year of 2015 in Arizona. There were 1,433 single-family permits issued across Maricopa and Pinal counties, a strong number for December, bringing the 2015 annual total to 16,768. This is up 43% from 2014 and far … [Read more...]

Foreclosure Market in Phoenix Arizona

Foreclosure market in Phoenix Arizona.  Well what's going on with the Foreclosure market in Phoenix Arizona?  Well, we are now setting a new record for the millennium so far - the lowest rate of new foreclosures notices  in Phoenix Arizona in January since we started keeping records in 2001. Today we have seen 456 for the month to date, at a rate of 35 per working day.  The closest rivals are last … [Read more...]

Can we see signs of trouble in The Housing Markets?

Can we see signs of trouble in the housing markets identified to be at risk due to the collapse of energy prices?  Texas is a non-disclosure state so it is hard for individuals to do research on home sales and prices. However Texas A&M has a large Real Estate Center which is supported by the state, part funded by the license fees paid by real estate agents in Texas. They have access to the … [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...]

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...]

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...]