Phoenix Housing News

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Updated: 5 years 20 weeks ago

For the first time in 4 years, cash home buyers aren't king in Phoenix - Phoenix Business Journal

Wed, 04/10/2013 - 17:26

For the first time in 4 years, cash home buyers aren't king in Phoenix
Phoenix Business Journal
The old expression that “cash is king” has been reality for the metro Phoenix housing market since the downturn — until now. Cash purchases, mostly by investors, were dethroned of their four-year reign last month when they were outnumbered, albeit ...

$9.5 million North Phoenix project eyed for low-income housing - AZCentral.com - Arizona Republic

Wed, 04/10/2013 - 12:14

$9.5 million North Phoenix project eyed for low-income housing - AZCentral.com
Arizona Republic
An agency that assists homeless families is planning a $9.5 million development in north Phoenix that would provide low-income housing. The United Methodist Outreach Ministries Phoenix, UMOM, bought 3.3 acres at 10825 N. Cave Creek Road in 2012.

News from china yields solid advance - StarPhoenix

Tue, 04/09/2013 - 23:19

News from china yields solid advance
StarPhoenix
The Canadian dollar rose US0.1¢ to US98.4¢ amid positive housing data. Canada Mortgage and Housing Corp. reported that housing starts in Canada were at an annualized rate of 184,028 units last month, up slightly from 183,207 in February. That was well ...

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Housing starts off record highs of 2012 - StarPhoenix

Tue, 04/09/2013 - 23:19

StarPhoenix

Housing starts off record highs of 2012
StarPhoenix
In March, Saskatoon had 85 single-detached housing starts, down from 138 starts in the same period in 2012. Multiple starts, however, jumped to 109 from 16 during March 2012. Total housing starts in Saskatoon increased 26 per cent to 194 from 154 in ...

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US Land Gets More Expensive - Wall Street Journal

Tue, 04/09/2013 - 17:07

Wall Street Journal

US Land Gets More Expensive
Wall Street Journal
What is happening in Phoenix is happening in real-estate markets all over the U.S. The rebounding housing market has sparked a sharp rise in land prices, creating big profits for land investors but putting pressure on builders to further increase the ...

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Developer gives green light to new downtown apartments, restaurant - Longview Daily News

Tue, 04/09/2013 - 12:39

Developer gives green light to new downtown apartments, restaurant
Longview Daily News
Cardon, 52, recently redeveloped four blighted blocks of downtown Phoenix into a $1 billion outdoor pedestrian mall called CityScape. He didn't just stumble onto Longview. He served as executive director of the Longview Housing Authority from 1989 to ...

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Housing: Home Sellers Feeling Confident in Phoenix, Arizona - Home Buying Institute

Tue, 04/09/2013 - 10:00

News10.net

Housing: Home Sellers Feeling Confident in Phoenix, Arizona
Home Buying Institute
According to the real estate listings website Realtor.com, the median list price within the Phoenix-Mesa metro area rose by nearly 25% over the last year or so. In February 2013, the median list price for this housing market was $218,000, an increase ...
Sellers Becoming Confident in the Housing Market, Providing an Optimistic ...RisMedia.com (press release)

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Bank sees growth in Saskatchewan - StarPhoenix

Mon, 04/08/2013 - 23:29

StarPhoenix

Bank sees growth in Saskatchewan
StarPhoenix
He doesn't see any major trouble ahead in the housing market even though it has softened, saying borrowing customers have behaved responsibly. The market got ahead of itself and is now taking a breather, Downe said. "As incomes grow and the economy ...

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Housing market 'on fire': Apache Junction no. two of 20 in growth in 2012 - newszap.com

Mon, 04/08/2013 - 11:04

Housing market 'on fire': Apache Junction no. two of 20 in growth in 2012
newszap.com
With home prices starting from the $100's, Apache Junction is becoming popular not only for its relatively low home prices but also for its proximity to metropolitan Phoenix and major roads. Apache Junction housing starts in 2012 were up 221 percent ...

Housing Prices Are on a Tear, Thanks to the Fed - Wall Street Journal (blog)

Mon, 04/08/2013 - 07:32

Wall Street Journal (blog)

Housing Prices Are on a Tear, Thanks to the Fed
Wall Street Journal (blog)
He and his wife, Darlene, want to be closer to their daughter's family but plan to hang onto their old home in Phoenix for a few years. While prices may be rising on the back of the Fed's easy money, tighter credit standards are acting as a brake on ...

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Funding challenge to solving derelict housing - Muskogee Daily Phoenix

Sat, 04/06/2013 - 21:45

Funding challenge to solving derelict housing
Muskogee Daily Phoenix
Funding challenge to solving derelict housing. Mayor says problem affects city's image. By D.E. Smoot Phoenix Staff Writer The Muskogee Phoenix Sat Apr 06, 2013, 11:24 PM CDT. A sense of urgency surfaced during a recent discussion about the demolition ...

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Steady erosion of affordable housing hurts us all - StarPhoenix

Sat, 04/06/2013 - 00:06

Steady erosion of affordable housing hurts us all
StarPhoenix
The federal government and all governments need to recognize the steady erosion of housing affordability and choice. As our national position reiterates time and time again, the low cost of mortgage money has masked the fact that house prices continue ...

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Housing Market Update: The Low-Hanging Fruit is Gone - Daily Reckoning

Fri, 04/05/2013 - 13:48

Daily Reckoning

Housing Market Update: The Low-Hanging Fruit is Gone
Daily Reckoning
In Phoenix, sales prices are soaring, while rents are up only 1.6%. The competition for renters is keen. Arizona's quick repossession process has cleared the market quickly. Most people who have lost their homes have found a place to rent already ...
Investor frenzy over housing has peakedFortune (blog)

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Investor frenzy over housing has peaked - Fortune (blog)

Fri, 04/05/2013 - 02:03

Fortune (blog)

Investor frenzy over housing has peaked
Fortune (blog)
housing-sold-sign FORTUNE – When the U.S. housing market crashed in 2007, millions lost their homes to foreclosure. With their finances in shambles, they picked up the pieces by renting rather than buying. Big institutional investors quickly caught on ...

Fannie Mae posts record $17.2B profit - Phoenix Business Journal (blog)

Wed, 04/03/2013 - 02:10

Fannie Mae posts record $17.2B profit
Phoenix Business Journal (blog)
The Los Angeles Times reported Fannie Mae as well as Freddie Mac each reported profits for the year, a first for the past six years. The two lenders were part of the group that lost billions as a result of the housing crash, which featured Phoenix area ...

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Housing prices appear strong on the surface - KTAR.com

Tue, 04/02/2013 - 16:19

Deseret News

Housing prices appear strong on the surface
KTAR.com
Leading the price recovery over the past 12 months are areas such as Phoenix, San Francisco and Las Vegas. Case-Shiller reports these areas have seen price increases of 23 percent, 18 percent and 15 percent, respectively, over the past 12 months.
'Housewarming Party' Continues in Q1Investorplace.com

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Flight of the Phoenix brief thief - Times LIVE

Tue, 04/02/2013 - 01:07

Times LIVE

Flight of the Phoenix brief thief
Times LIVE
Women in a Phoenix housing complex are keeping a close eye on their delicates since the well-dressed prowler began snatching underwear left on washing lines overnight. But last week he became braver. "I looked out the window and, in broad daylight as ...

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Only Olympic-size pool in Phoenix to be razed - Arizona Republic

Mon, 04/01/2013 - 22:24

Arizona Republic

Only Olympic-size pool in Phoenix to be razed
Arizona Republic
Phoenix's only competition-certified, Olympic-size swimming pool will be demolished to make way for a housing community. Several groups that use the pool are working to find a comparable facility in the city. Brophy College Preparatory, an all-male ...

Western states leading the US in housing, economic rebound - MyFox Phoenix

Fri, 03/29/2013 - 17:49

Western states leading the US in housing, economic rebound
MyFox Phoenix
After being hit hard during the recession with high unemployment and the busted housing bubble, the western part of the U.S. is now rebounding and leading the nation in employment growth. After being hit hard during the recession with high unemployment ...

Investors dropping out as Phoenix home prices show 36.5 percent gains - Phoenix Business Journal

Fri, 03/29/2013 - 01:42

Arizona Republic

Investors dropping out as Phoenix home prices show 36.5 percent gains
Phoenix Business Journal
As the chronic shortage of homes for sale worsened last month, the greater Phoenix housing market kicked off home-buying season with dramatic price gains and a drop in investor interest, according to the latest report Thursday from Arizona State ...
Sales price of metro Phoenix homes up 4 percent - AZCentral.comArizona Republic
Metro Phoenix's median home price rose again last monthEast Valley Tribune

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