A new national report predicts the Phoenix area will be among the fastest-growing metro regions of the country next year, posting figures well ahead of the more-plodding gains forecast by Arizona’s economists.The report, released Monday for the U.S. Conference of Mayors, suggests the housing industry will again lead the Phoenix area’s relatively rapid growth in 2014. It predicts 3.3 percent growth Continue Reading
Upcoming Phoenix Home and Garden Show
The show dates are January 10, 11, & 12, 2014. Adult admission is $5.00 Customer appreciation day is Friday between 4-6pm, everyone attending will get FREE admission! Click this link & register for 1/2 off admission to the show: http://www.maricopacountyhomeshows.com/passes/ There are Home Improvement Seminars each day beginning at 11am. Show hours are: Friday 10 am – 6 Continue Reading
Experts Believe Home Prices To Rise Modestly in 2014
The latest Home Price Expectation Survey shows that most experts believe that home prices will rise 4.3% in 2014 and continue to make steady move upwards through 2018. The Zillow Home Price Expectation Survey is done quarterly and is a nationwide panel of over one hundred economists, real estate experts and investment & market strategists. The latest report for the fourth quarter of 2013 Continue Reading
Mortgage Rates Edge Higher Entering 2014
DAILY REAL ESTATE NEWS | FRIDAY, JANUARY 03, 2014 Fixed mortgage rates continued an upward climb this week, with the 30-year fixed-rate mortgage starting the year more than a full percentage point higher than last year at this time, Freddie Mac reports in its weekly mortgage survey. "Mortgage rates edged up to begin the year on signs of a stronger economic recovery,” says Frank Nothaft, Continue Reading
NAR: Housing Market Is Stabilizing
DAILY REAL ESTATE NEWS | TUESDAY, DECEMBER 31, 2013 Contracts to buy new homes leveled off in November, ticking up slightly by 0.2 percent, the National Association of REALTORS® reports. Pending home sales — which reflect contracts and not closings — were 1.6 percent below year-ago levels. “We may have reached a cyclical low because the positive fundamentals of job creation and household Continue Reading
NAR: Housing Market Is Stabilizing
DAILY REAL ESTATE NEWS | TUESDAY, DECEMBER 31, 2013 Contracts to buy new homes leveled off in November, ticking up slightly by 0.2 percent, the National Association of REALTORS® reports. Pending home sales — which reflect contracts and not closings — were 1.6 percent below year-ago levels. “We may have reached a cyclical low because the positive fundamentals of job creation and household Continue Reading
Eastmark Commercial information
Eastmark Begins Commercial Planning and Selects PCA as Exclusive Listing Broker DMB Commercial is pleased to announce that they have selected Phoenix Commercial Advisors (PCA) as the exclusive listing broker for its first phase of commercial development at Eastmark. The first commercial district is currently being planned at the northeast corner of Ellsworth and Ray Roads to provide retail, Continue Reading
Job Growth to Drive 2014 Housing Market
DAILY REAL ESTATE NEWS | MONDAY, DECEMBER 23, 2013 The housing recovery is expected to remain strong in the new year, driven by economic growth and an improving employment picture, economists say. In fact, job growth likely will be one key to driving housing growth in the new year. An estimated 2 million or more jobs will be created in 2014, predicts Lawrence Yun, National Association of Continue Reading
New Year’s Eve Guide 2013 for Arizona
If you happen to be one of those notorious preppers or some other wingnut caught up in all the hoohah over this weekend's allegedly impending Armageddon, it's likely that you're too busy huddling in your underground bunker with a shotgun in hand to worry about what to do on New Year's Eve. As for those with a modicum of sanity or common sense (a.k.a. everyone else), now's about the time you Continue Reading
Mortgage Rates to Enter New Year Mostly Flat
DAILY REAL ESTATE NEWS | FRIDAY, DECEMBER 27, 2013 Fixed-rate mortgages changed little this week heading into the end of the year, Freddie Mac reports in its weekly mortgage market survey. Freddie Mac reports the following national averages with mortgage rates for the week ending Dec. 26: 30-year fixed-rate mortgages averaged 4.48 percent, with an average 0.7 point, rising from last Continue Reading
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