HomeSmart, Metro Phoenix Real Estate
Charles SantAngelo, MBA
Federal housing aid has helped an estimated 350,000 or more Arizona families get more affordable monthly payments and other modifications to make it possible for them to keep their homes.
Federal housing aid also has helped almost 15 percent of metro Phoenix homeowners avoid foreclosure, according to the W.P. Carey School of Business at Arizona State University.
For full article see: http://www.azcentral.com/business/realestate/articles/20130830arizona-families-housing-aid.html
Home builders and buyers face a shortage of lots in metro Phoenix’s most popular developments. The lack of available home sites is one reason the region’s new-home market is recovering more slowly than expected.
For full article see: http://www.azcentral.com/business/realestate/free/20130905builders-buyers-head-affordable-suburbs.html
Metro Phoenix’s new-home market has been affected by too few construction workers and a lack of affordable lots in areas popular with buyers. Now, higher interest rates and tighter lending standards also appear to be deterring prospective buyers.
For full article see: http://www.azcentral.com/business/realestate/articles/20130912new-home-market-slows-down.html
A corporation had the winning bid for the South Beach mansion that once belonged to Gianni Versace.
For full article see: http://www.azcentral.com/business/realestate/free/20130917corporation-gets-versace-home-m-bid.html
Here you can view the housing report of Phoenix for each month for the year 2013 as well as 2012.
For full article see: http://wpcarey.asu.edu/finance/real-estate/market-reports.cfm?utm_medium=unpaid_media
A financial adviser, an executive of a health-care management company, an orthopedic surgeon, the founder of an electronic equipment company, an oncologist and a geologist, are among the buyers and sellers in this week’s priciest home sales.
For full article see: http://www.azcentral.com/business/realestate/articles/20130928done-deals-priciest-metro-phoenix-home-sales.html
Fewer Americans signed contracts to buy U.S. homes in August, the third straight decline. The drop could mean that higher mortgage rates are starting to deter some buyers.
For full article see: http://www.azcentral.com/business/realestate/free/20130926us-pending-home-sales-fall-rd-straight-month.html
Apartment rents are climbing. Investors are paying higher prices for office buildings and warehouses leased by prominent companies located in employment corridors. Retailers are expanding again. Metro Phoenix’s commercial real-estate market is on the mend, but, like the economy, still has hasn’t recovered from the crippling recession, according to a new survey from Arizona State University that tracked the opinions of several top brokers in the region.
For full article see: http://www.azcentral.com/business/realestate/articles/20130926asu-polls-real-estate-brokers-metro-area.html
John Jackson has been labeled both a snitch and a hero in home-construction circles.
The 51-year-old tile craftsman from Casa Grande began a crusade two years ago to expose unlicensed construction after Jackson says it became impossible for him to secure flooring contracts on new-home sites. He said the going rate for tile work dropped to unrealistic levels because subcontractors were willing to take legal shortcuts to complete the work.
For full article and video see: http://www.azcentral.com/business/realestate/articles/20130927unlicensed-contractors-activist.html
