The most recent reports confirm that sales of both new and existing home have clearly bottomed out. Inventories are shrinking. Housing starts are up, and prices are stabilizing. Existing Homes - Sales of existing homes bottomed last November, and have risen 7.2% in July to an annualized pace of 5.24 million, much higher than an expected rate of 5.00 million and the biggest monthly gain since Continue Reading
Salt River Tubing for Labor Day Weekend!
Looking for a cool and wet adventure for Labor Day Weekend? Enjoy a floating picnic and fun in the sun on the Lower Salt River Labor Day weekend! Chill out and shoot the Salt River rapids on a tube to beat the heat. Floaters will be encouraged to participate in the “Salt River Heroes = Litter Zero” event and help keep the Salt River clean and beautiful. The Take Pride in America event is Continue Reading
Are you ready to buy???
New home sales way up. They increased 9.6% for July, the fourth straight monthly gain. According to the Commerce Department, the sales pace hasn't been this strong since September. Inventory is shrinking: roughly 271,000 new homes were on sale at the end of July, a low not seen since March 1993. (washingtonpost.com/wp-dyn/content/article/2009/08/26/AR2009082601876.html?hpid=topnews [8/26/09]) Continue Reading
Forecast for the Week
Friday will be a big day this week, and not just because people will be getting ready to celebrate the Labor Day Holiday. The Labor Department's Jobs Report for August will be released at 8:30am ET. July's report showed glimmers of hope for an improving job market: 247,000 jobs lost in July versus economists' expectations of 328,000 jobs lost, the smallest loss since August 2008. Even better, the Continue Reading
Let’s Swim!
There are two types of people, those who exercise on a regular basis and those who don't do it nearly enough. Regardless of the category you fit into, swimming is an exercise that can benefit everyone. So, grab your swimsuits and head for the water. We're going swimming! Thanks to the success of Michael Phelps and the members of the United States swim team at last year's Olympics in Beijing, Continue Reading
Calling all buyers….
Positive Signs: Home Prices on an Upswing in Second Quarter 2009
2009 Q2 2009 Q2/2009 Q1 2009 Q1/2008 Q4 1-Year Level Change (%) Change (%) Change (%) U.S. National Index 132.64 2.9% -7.4% -14.9% June 2009 June/May May/April 1-Year Metropolitan Level Change (%) Change (%) Change (%) Phoenix 104.73 1.1% -0.9% -31.6% Composite-10 153.20 1.4% 0.5% -15.1% Composite-20 141.86 1.4% 0.5% -15.4% Read more: Continue Reading
New Listing! Not a short sale!
Queen Creek, AZ REGUALR RESALE!NOT A SHORT SALE OR BANK OWNED!LOCAL OWNERS,QUICK RESPONSE! THIS FANTASTIC 4 BEDROOM 2.5 BATH HOME IS SITUATED ON A GIANT SIZED CUL DE SAC LOT AND COMES WITH ALL KITCHEN APPLIANCES, WINDOW COVERINGS AND A GREAT POOL! FORMAL LIVING AND DINING, PLUS A HUGE FAMILY ROOM & A LOFT. UPSTAIRS LAUNDRY, WALK IN CLOSETS, RV GATE, COMMUNITY POOL, TENNIS COURT AND GOLF Continue Reading
$100 Down Can Buy You a Home!
Yes, you read it correctly! There is a new FHA program that allows first-time home buyers to purchase a home for only $100 down. To make the deal even sweeter, I can get most, if not all, of your closing costs paid for; plus, an extra $1,000 cash back after closing! No strings attached! So, if you thought you would never be able to save up enough money to buy a home, this is your chance! Please Continue Reading
Subdivisions are coming back to life!
Unfinished Chandler subdivisions once dotted with empty streets, vacant lots and languishing model homes are starting to buzz with construction and sales activity again. It's giving city officials a sign that the local economy is improving. Residents in the languishing neighborhoods are seeing a day when they can stop worrying about blight, weeds and living in what looks like a ghost town. And Continue Reading
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