Archive for July, 2013

July 20, 2013

Monday, July 22nd, 2013 azrealtycom No Comments »

Metro Phoenix Housing¹ Market Snapshot July 20, 2013 City Active Pending Sales DOM² Avg $/SF Anthem 140 62 78 56 $119.71 Chandler 714 381 416 45 $128.28 Fountain Hills 188 37 36 123 $200.24 Gilbert 848 467 468 46 $118.27 Glendale 588 454 367 40 $103.09 Laveen 179 127 79 59 $77.50 Maricopa 427 220 161 72 $68.28 […]

Social Share Toolbar

Boomerang Buyers Are Staging a Comeback

Wednesday, July 17th, 2013 azrealtycom No Comments »

Boomerang buyers —former home owners who have gone through a short sale, foreclosure, or bankruptcy in the past few years and are saving up for a down payment to purchase a home again—are coming back. They’re expected to flood markets in some of the hardest hit areas for short sales and foreclosures in the coming […]

Social Share Toolbar

Third Quarter 2013 Apartment Forecast – Phoenix metro

Tuesday, July 16th, 2013 azrealtycom No Comments »

In the Southeast Valley, considerable growth in the tech sector at companies such as Intel and eBay has created strong demand for luxury rentals. Apartment construction is occurring at a rapid clip in Tempe, Chandler and Gilbert with nearly 3,300 units underway. The new units will outpace demand as the year progresses, softening occupancy rates […]

Social Share Toolbar

July 13, 2013

Sunday, July 14th, 2013 azrealtycom No Comments »

Metro Phoenix Housing¹ Market Snapshot July 13, 2013 City Active Pending Sales DOM² Avg $/SF Anthem 140 62 79 58 $118.86 Chandler 698 384 436 47 $126.52 Fountain Hills 189 33 35 145 $209.60 Gilbert 824 492 455 48 $117.76 Glendale 552 458 392 42 $101.94 Laveen 161 130 80 67 $76.13 Maricopa 427 231 165 67 $68.52 […]

Social Share Toolbar

The Top 10 Largest Employers in Arizona

Saturday, July 13th, 2013 azrealtycom No Comments »

Does this list have anything to do with the housing market? You bet! State of Arizona – 49,278 employees Wal-Mart Stores, Inc. – 32,169 employees Banner Health – 25,270 employees City of Phoenix – 14,983 employees Wells Fargo – 14,718 employees Maricopa County – 12,698 employees Arizona State University – 12,222 employees Intel Corp. – […]

Social Share Toolbar

Phoenix Buyers Feel They Need to Act Soon or Risk Missing the Boat

Saturday, July 13th, 2013 azrealtycom No Comments »

Credit Suisse Monthly Agent Survey on Phoenix, AZ (11,859 single-family building permits in 2012, 3rd largest market in the country) housing market revealed the following — June traffic levels came in strong relative to agents’ expectations for this time of year, as our index increased to 65 from 56 in May (above a neutral 50). […]

Social Share Toolbar

July 6, 2013

Wednesday, July 10th, 2013 azrealtycom No Comments »

Metro Phoenix Housing¹ Market Snapshot July 6, 2013 City Active Pending Sales DOM² Avg $/SF Anthem 129 56 87 58 $119.27 Chandler 658 383 466 48 $126.35 Fountain Hills 190 30 41 111 $211.41 Gilbert 807 476 500 47 $118.84 Glendale 536 468 411 45 $100.24 Laveen 160 124 83 64 $76.57 Maricopa 419 225 186 […]

Social Share Toolbar

Cash Continues to Retreat from Phoenix Housing Market

Sunday, July 7th, 2013 azrealtycom No Comments »

Cash Buyers Pull Back and Financing Buyers Fill the Sales Gap Cash purchases were 35% in May 2013 down 6 percent from May 2012 when they were 41%. The decrease in cash buyers was replaced by an increase in financing buyers. Conventional loan purchases were 40% in May 2013 compared to 36% in May 2012. […]

Social Share Toolbar

June 2013

Thursday, July 4th, 2013 azrealtycom No Comments »

Metro Phoenix Housing Market Snapshot June 30, 2013 All Area TODAY LAST MONTH LAST YEAR 2 YEARS AGO 6/30/2013 5/31/2013 6/30/2012 6/30/2011 Active listing  19,463 ↓ 19,467 19,794 28,837 Pending Listing 8,892 ↓ 9,662 10,197 12,224 Sales Per Month  8,229 ↓ 9,227 8,133 10,346 Monthly Supply 2.2 ↓ 2.3 2.4 3.0 Monthly Sales $/SF  $118.47 ↓ $120.08 […]

Social Share Toolbar