Metro Phoenix housing market has best month in a decade April just might have been the best month for metro Phoenix's housing market in a decade. Foreclosures fell to the lowest level since 2006. Homebuilding continued to rebound. Phoenix kept its spot as one of most affordable big metro areas for ...
More Phoenix homeowners have equity now Fewer metro Phoenix homeowners are underwater now, according to CoreLogic. Approximately 19.5% of the Valley's homeowners owed more than their house is worth as of June 30, down from 21% at the end of this year's first quarter. At the worst of the housing cra ...
Phoenix-area home sales, prices cool in July In Metro Phoenix, both sales and prices dipped in July. Home sales fell 4.5% and the median home sales price inched down to $210,000 compared with June, according to the W.P. Carey School of Business at Arizona State University. The housing market's mode ...
Ariz. homebuilders offering deals New-home prices across metro Phoenix soared too high and too fast in 2012 and 2013 for many buyers to handle, leading to a slump in sales. Home prices have dropped slightly this summer, and builders are trying to lure buyers by offering incentives that include lowe ...
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News Article From: 10-13-2011

Fewer foreclosures slowed Sept. sales - Investors looking to snap up foreclosure homes in Maricopa County found fewer properties on the market in September, triggering a slowdown in sales for the month, according to a new report from Arizona State University.  Prices squeaked up a bit from August but have fallen significantly in the past year.  The September median price for traditional resales, which don't include foreclosures, was $125,000, up from $120,000 in August, but down from $135,000 in September 2010.  Read article:




Mortgage applications increase 1.3% - The refinance index also edged up 1.3%, while the purchase index grew 1.1% over a week ago, according to the Mortgage Bankers Association.  The increases in both categories were driven by government loans, the MBA said.  The government purchase index alone shot up 2.4%.  The refinance share of mortgage activity remained unchanged overall, representing 79.1% of all activity.  Read article:


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