Phoenix Home Prices Grow Modestly
The Phoenix real estate market is very active this year. Activity has increased greatly. But Phoenix home prices have only grown modestly. This is great if you are a buyer. If you own a home and it is underwater this is not good. Phoenix continues to see more...
Baby Boomers to Face Big Housing Problem
In the next few years an alarming number of Baby Boomer will be considered lower-income. Within a decade older renters will have very low incomes and potential housing affordability problems. As the baby boomers age, the population aged 65 and older is projected to...
Millennials Prefer Suburban Living to City Living
Who would of thought Millennials getting tired to the big city. It looks like millennials are not as different from their parents as they thought. They just needed to come of age. I always thought it would happen. When you get ready to start a family the city lights...
Arizona’s shrinking Semiconductor Industry
I am always interested in jobs in the Phoenix area. The semiconductor industries brought lots of well paying jobs to the Phoenix area. Recently that has been down.....I hate that. BUT all is not bleak....Worldwide semiconductor revenue is forecast to reach $358...
What’s Holding Potential Sellers Back?
There is a strong increase in buyer activity this year...but inventory is still down. Why are potential sellers not listing their homes. Existing-home sales are up nearly 5 percent from last year, but sales would be much higher if it wasn't for the negative equity...
Phoenix second best in US for green living
Kermit says it is not easy to be green. Well his day is coming! Green is in and getting stronger every day. Home buyers are asking for energy saving features. Ask and it will be given. Today homes are packed with more insulation to make homes keep the cool in...
Changes in Arizona
Changes in Arizona are growing....what changes? The population growth has reduced. Home ownership is down. Renters are up. The sizes of household is up. Employer types is changing. What does it all mean? Is this only happening in Phoenix or all over the...
Best Cities for Aging Successfully
What are the best cities for aging successfully? That is an important question. Most people ask what is the best city to retire in? The results are not the same. The results are not even what most people think of as best places. There is not a Sunbelt city in...
Buyers Priced out of the Market
Don't be surprised After easing throughout much of 2014, home prices across the U.S. are accelerating again. Home price appreciation outpaced wage growth in 76 percent of the U.S. markets during the housing recovery, according to a new report released by...
Rise in Home Improvement Spending
Why is it important that there is a rise in Home Improvement spending? The economy is a series of interrelated items that feed on each other. Once employment and salaries are rising then people start to spend. When people spend, industries like home improvement...