by jeanwfry | Dec 22, 2016 | Real Estate Market Analysis
Why Aren’t Home Builders Building? Home-builder confidence is at its highest level in years. But home building dropped 19 percent in the most recent month. These decreases come at a time when inventory levels are already severely constrained and many in the...
by jeanwfry | Dec 8, 2016 | Real Estate Market Analysis
Drum roll please…. The top housing market in the U.S. in 2017 will be metro Phoenix, according to a new realtor.com forecast. It’s about time. The Valley’s steady growth in sales and price increases, tighter new home market and short supply of foreclosures make it one...
by jeanwfry | Sep 29, 2016 | Real Estate Market Analysis
There is a shortag of single family homes being built. There aren’t enough new single-family homes being built in the U.S. Eighty percent of metro areas recently analyzed are faced with a “housing shortage crisis,” according to new research from the National...
by jeanwfry | Oct 6, 2015 | Buyers, Real Estate Market Analysis
Buying a Home 48% More Affordable Than 2006 Home prices may be reaching new highs lately, but buying a home is still significantly more affordable than it was during the 2006 housing bubble, according to a new report by RealtyTrac. Low interest rates have largely...
by jeanwfry | Sep 16, 2015 | Real Estate Market Analysis
Phoenix is outpacing Silicon Valley when it comes to high-tech job growth, according to a new report. Commercial real-estate firm CBRE released a report on job trends it has seen based on companies looking to rent office space in the Valley. The report shows 12,662...
by jeanwfry | Sep 16, 2015 | Phoenix Housing Market, Real Estate Market Analysis
I respect Michael Orr and his opinions on the Phoenix housing market. Word on the street is we are heading for another housing bubble. Nay Nay says Orr. At least not in the Phoenix area. Quashing rampant rumors about a looming second housing crisis on the...