ARCHIVED BLOG POSTS
2011
The age old question – is it better to buy or rent a home? The chart below compares the rent versus mortgage payment of a single family home in the greater Phoenix Metropolitan area. It assumes the following: Monthly rental payment is based on the June mean rental payment for each city...
08/24/2011
Phoenix Real Estate Market Headlines · Supply continues to fall, though rather more slowly in the ranges above $200,000. · Demand is very strong below $100,000 but is weakening above $100,000. · Average sales price per sq. ft. is increasing below $100,000. · Pricin...
08/16/2011
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According to a recent Pew Research survey, homeowners are remaining optimistic about the real estate market. 47% of the people surveyed say that their home is worth less now than before the recession began, 31% say the value has stayed the same, and a small 17% say their home is worth more. ...
08/10/2011
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The W.P. Carey School of Business at Arizona State University recently published a report regarding the decreasing supply of foreclosure homes in Phoenix that have been coming available since the beginning of the year. Data shows that month over month, the number of foreclosure homes available o...
08/02/2011