Phoenix Housing News

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Updated: 5 years 20 weeks ago

Housing rebound is facing obstacle: Too few homes - AZFamily

Wed, 05/01/2013 - 08:01

Housing rebound is facing obstacle: Too few homes
AZFamily
The housing shortage around Grand Rapids, Mich., a city known for its furniture industry and sleek downtown hospital complex, is fairly typical of what the country as a whole is facing this spring. Some markets along the East and West coasts have grown ...

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Property Wars star: Housing market in Phoenix is booming - MyFox Phoenix

Wed, 05/01/2013 - 04:12

Property Wars star: Housing market in Phoenix is booming
MyFox Phoenix
A nightmare is unfolding south of the border for a Phoenix family. They had traveled to Mexico on a commercial bus, but not all of them made it back. A nightmare is unfolding south of the border for a Phoenix family. They had traveled to Mexico on a ...

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Phoenix tops in nation for home price gains - Phoenix Business Journal

Tue, 04/30/2013 - 18:42

Phoenix tops in nation for home price gains
Phoenix Business Journal
The comeback of the metro Phoenix housing market far outpaced the nation in February, posting the biggest year-over-year price gain out of the top metropolitan areas, according to the latest report by the Standard & Poor's/Case-Shiller Home Price Indices.

Phoenix leads all cities in home price gains - AZFamily

Tue, 04/30/2013 - 07:23

AZFamily

Phoenix leads all cities in home price gains
AZFamily
And Stan Humphries, chief economist at Zillow, a real estate data provider, cautioned that the national figures are being skewed by sharp rebounds in cities hit hard during the housing bust, including Las Vegas and Phoenix. Investors are helping drive ...
What CoreLogic's acquisition of Case-Shiller means for housing researchPhoenix Business Journal (blog)
Housing Market AcceleratesWall Street Journal
Home Prices in 20 U.S. Cities Increase by Most Since May 2006Bloomberg
Christian Science Monitor (blog) -TIME -AOL Real Estate (blog)
all 143 news articles »

What CoreLogic's acquisition of Case-Shiller means for housing research - Phoenix Business Journal (blog)

Mon, 04/29/2013 - 20:52

AZFamily

What CoreLogic's acquisition of Case-Shiller means for housing research
Phoenix Business Journal (blog)
“What's my home worth?” is a question of incredible economic importance these days — and one that independent housing researchers have been fighting tooth and nail to answer most accurately. That industry, however, has become somewhat less ...
Phoenix leads all cities in home price gainsAZFamily
Housing Market AcceleratesWall Street Journal
Case-Shiller: Home prices in 20 cities rise at fastest rate since 2006Christian Science Monitor (blog)
TIME -Trade the Newsroom (blog) -AOL Real Estate (blog)
all 143 news articles »

Real Estate Reality: Boomerang buyers - AZFamily

Mon, 04/29/2013 - 18:19

AZFamily

Real Estate Reality: Boomerang buyers
AZFamily
She is what's known as "Boomerang Buyer" -- easing her way back into the real estate market only because the slumping housing industry seems to be off of life support. Just a few years ago, like many homeowners, Bookout was forced to short sale her ...

The Hottest Housing Markets of 2013 - 24/7 Wall St.

Mon, 04/29/2013 - 03:50

The Hottest Housing Markets of 2013
24/7 Wall St.
Three of the four metropolitan areas not in California — Detroit, Las Vegas and Phoenix — were also disproportionately hurt by the housing crisis. For example, in Las Vegas, home prices dropped 59% between the peak in the first quarter of 2006 and ...

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Phoenix-area home foreclosure rate continues to fall - Phoenix Business Journal

Fri, 04/26/2013 - 14:22

Phoenix-area home foreclosure rate continues to fall
Phoenix Business Journal
Foreclosure and mortgage delinquency rates in the Phoenix area declined in February from a year ago, another sign of a stabilizing housing market in Arizona. New data from CoreLogic shows that the rate of Phoenix-area foreclosures among outstanding ...

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Shelter for homeless women veterans opens in Phoenix - Cronkite News

Thu, 04/25/2013 - 17:35

Shelter for homeless women veterans opens in Phoenix
Cronkite News
After moving to Phoenix to find work in 2011, Diaz said she found herself in and out of shelters and temporary housing until March, when she came MANA House. That was when the Madison Street Veterans Association opened a women-only branch of the ...

Mortgage modifications resulting in higher defaults - Phoenix Business Journal (blog)

Wed, 04/24/2013 - 02:22

Mortgage modifications resulting in higher defaults
Phoenix Business Journal (blog)
The Washington Post reported the program saw default rates at 39 percent in the fourth quarter. The program was designed as a way to stem the losses in the housing crash. Arizona and the Phoenix market saw a huge number of homes foreclosed upon, ...

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Housing project bridges past - Star Phoenix - StarPhoenix

Tue, 04/23/2013 - 23:57

Housing project bridges past - Star Phoenix
StarPhoenix
When Tyler Stewart reopens the building at 525 20th St. West for affordable rental units, he will be doing more than bridging this historic part of Saskatoon with its past. He will also be building a critical bridge to help span the gap between ...

Homeless get chance at housing in Phoenix - AZCentral.com - Arizona Republic

Sun, 04/21/2013 - 22:11

Arizona Republic

Homeless get chance at housing in Phoenix - AZCentral.com
Arizona Republic
The U.S. Department of Housing and Urban Development estimates there are 633,782 homeless people in the U.S and more than 6,000 homeless people in metro Phoenix. About 15 to 20 percent in metro Phoenix are chronically homeless, experts said.

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How to make your housing offer stand out - ConsumerAffairs.com - ConsumerAffairs

Sun, 04/21/2013 - 19:27

How to make your housing offer stand out - ConsumerAffairs.com
ConsumerAffairs
After plunging four years ago, home prices are rising again. Some of the strongest gains are coming in the South, Southwest and West, areas where the housing bubble popped with the most damage. In cities like Atlanta, Phoenix, Las Vegas and Sacramento, ...

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Metro Phoenix luxury home sales on the rise - AZCentral.com - Arizona Republic

Fri, 04/19/2013 - 18:11

Arizona Republic

Metro Phoenix luxury home sales on the rise - AZCentral.com
Arizona Republic
During the crash, there was such an oversupply of high-end homes across metro Phoenix for sale or in foreclosures, housing analysts were concerned it was would take a decade for the luxury market to recover. The data shows the priciest segment of the ...

Do real estate agents have the happiest profession in America? - Phoenix Business Journal

Fri, 04/19/2013 - 15:47

Do real estate agents have the happiest profession in America?
Phoenix Business Journal
But during the past year, the housing market began rebounding at a pace that far exceeded everyone's expectations, and agents' morale apparently has been shooting upward right along with it. “Real estate agents have definitely weathered quite a ...

Fed survey: Housing and auto sales lift US economy - AZFamily

Wed, 04/17/2013 - 12:40

Fed survey: Housing and auto sales lift US economy
AZFamily
WASHINGTON (AP) — A strengthening housing recovery and robust auto sales contributed to moderate economic growth across the United States in late February and March, according to a Federal Reserve survey released Wednesday. Growth was ...

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Rising home prices in the SW Valley pushing out investors - AZCentral.com - Arizona Republic

Mon, 04/15/2013 - 10:48

Arizona Republic

Rising home prices in the SW Valley pushing out investors - AZCentral.com
Arizona Republic
The housing figures are part of a March report released by the Center for Real Estate Theory and Practice at the W.P. Carey School of Business at Arizona State University. Rising home prices in the Southwest Valley and throughout metro Phoenix have ...

Metro Phoenix housing market boosted by population growth - AZCentral.com - Arizona Republic

Fri, 04/12/2013 - 18:12

Metro Phoenix housing market boosted by population growth - AZCentral.com
Arizona Republic
Orr told the crowd metro Phoenix's housing market is currently in a state of optimism after falling to despair during the crash in 2008-09. He said the next phase is enthusiasm, and the last time the market was in that state was during the run-up to ...

College backs out of Phoenix Project - Beloit Daily News

Fri, 04/12/2013 - 14:13

College backs out of Phoenix Project
Beloit Daily News
Work continues on the Phoenix Project on Grand Avenue. Demolition of the old Wagner building started in the fall. The new structure will feature commercial business and residential housing. Beloit College announced this week they would not be ...

Bidding wars, rising prices - but a housing bubble? - Marketplace.org

Thu, 04/11/2013 - 05:42

Marketplace.org

Bidding wars, rising prices - but a housing bubble?
Marketplace.org
The population is growing much faster than the housing stock in Greater Phoenix. 2. Prices are being driven up by a chronic lack of supply, not by excess demand. 3. Prices are still at the same level as 9 years ago. They still have a lot of room to ...