arizona: Market Analysis for Phoenix, AZ - June 2008 - 07/23/08 07:39 PM
The Phoenix metro area's strong seller market from 2005 has gone to a complete reversal in 2008. The large amount of supply has created a buyer's market with record inventory levels. Prices have declined approximately 14% year over year. I anticipate 2008 to continue as a year for correction, with the market … (1 comments)
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arizona: Market Analysis for Tempe, AZ - June 2008 - 07/23/08 06:44 PM
Tempe seems to be following it's own trend, and not what the rest of the valley is doing. Current inventory has increased again this month and is at 999 home. The Phoenix metro area and the other east valley cities have seen their current inventory decrease over the last several months.
Even … (0 comments)
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arizona: Market Analysis for Gilbert, AZ - June 2008 - 07/23/08 06:19 PM
Gilbert has seen a slow down in the housing market and sales prices decline over the last several months. There has been stiff competition from builders which is hurting the resale market as well as many foreclosures. Several builders have recently gone into foreclosure as well, leaving Gilbert with several unfinished subdivisions … (0 comments)
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arizona: Market Analysis for Mesa, AZ - June 2008 - 07/23/08 05:15 PM
Mesa is following the valley's trend of a buyer's market. Current inventory has continued to see a slight decrease month over month and the current inventory is now at over 4,100 active listings. Median prices are down slightly from $243,500 to $235,000 while the average sold price for June was $215,000 … (0 comments)
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arizona: About Tradtion & Tradtion East - 06/20/08 08:52 PM
About Tradtion & Tradtion East
Tradtion and Tradtion East are a master planned community that feature several home builders and many styles and size homes. The neighborhood is located in Chandler between McQueen and Cooper Rds, bordered on the south by Chandler Blvd.
The neighborhood is a non-HOA community. … (0 comments)
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arizona: Gilbert Market Condtions - 06/20/08 08:50 PM
Gilbert has seen a slow down in the housing market and sales prices decline over the last several months. There has been stiff competition from builders which is hurting the resale market. Builders are offering large incentives which is putting price pressure on the resale market in addition to the increasing … (0 comments)
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arizona: Chandler Market Condtions - 06/20/08 08:49 PM
Chandler has continued to see a downward trend in home prices since the latter half of 2006. 2007 finished the year off with a depreciation rate of about 12% and the first decline in homes in over 15 years. May Residential HighlightsClosed sales are continuing to increase and May saw 340, … (0 comments)
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arizona: Governor announces local toll-free help line - 06/20/08 08:35 PM
STATE OF ARIZONA
EXECUTIVE OFFICE
JANET NAPOLITANO
GOVERNOR
WWW.AZGOVERNOR.GOV
NEWS RELEASE
FOR MORE INFORMATION
CONTACT:
PRESS OFFICE
(602) 542-1342
FOR IMMEDIATE RELEASE
Thursday, May 29, 2008
"MORTGAGE TROUBLE? DON'T DELAY. CALL TODAY."
Governor announces local toll-free help line
PHOENIX - Governor Janet Napolitano announced today the latest effort … (0 comments)
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arizona: Costain at the Islands Home in Gilbert, AZ For Lease - 06/13/08 07:41 PM
This Home Won't Be Available Until 7/1/2008, But That's No Excuse to Wait! Located in the Beautiful Islands Subdivision, This Home Features 3 Beds, 2 Baths, Fireplace in the Living Room, Well-Maintained Yard and has Access to the Community Pool. Rental Application and the Application Process are Available on my Web … (0 comments)
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arizona: Hot Market: Phoenix Provides Lesson in Real Estate Trends - 05/24/08 08:38 PM
The Phoenix real estate market is beginning to show signs of life again. Jay Butler, director of Realty Studies in the Morrison School of Management and Agribusiness at Arizona State University's Polytechnic campus, says as the prices have dipped to 2005 levels, April sales responded with the first upward swing in … (0 comments)
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arizona: 30-Year Mortgage Rates Drop - 05/24/08 08:27 PM
After four weeks in an upward trajectory, Freddie Mac reports that long-term mortgage rates are falling again. The average interest on a 30-year fixed loan settled at 5.98 percent this week, down 0.03 percent from the prior week. Rates on 15-year fixed mortgages, meanwhile, slipped 0.5 percent for the week to … (0 comments)
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arizona: Centurian Meadows Home in Mesa, AZ For Lease - 05/21/08 07:13 PM
This beautiful home is Move-In Ready. The Homes Features 3 Bedrooms, 2 Baths, Beehive Fireplace in Great room & an Over-sized Well Manicured Yard with an RV Gate & Parking. The Application is listed on my web page at www.LocateArizonaHomes.com. Please review our application process and complete the application. Call … (0 comments)
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arizona: Meadowgreen Home in Mesa, AZ For Sale - 04/08/08 05:46 PM
Excellent Location!! This Home Features a Brick Wood Burning Fireplace in the Family Room. Nice Floorplan With Kitchen Opening to Family Room. Kitchen has been updated and features a large Island with Breakfast Bar, Huge Pantry, Huge Pantry in Laundry Room, and Updated Appliances. Beautiful Curb Appeal with Brick Front, Large … (0 comments)
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arizona: Mesa Stats - 04/04/08 06:50 PM
Mesa is following the valley's trend of a buyer's market. Current inventory has decreased and the current inventory is now at over 4,500 active listings. Median prices are down slightly from $243,500 to $235,000. The slower sales rate has a directly correlation to the loan sub-prime crisis that hit in late … (0 comments)
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arizona: Chandler Stats - 04/04/08 06:47 PM
Chandler has continued to see a downward trend in home prices since the latter half of 2006. 2007 finished the year off with a depreciation rate of about 12% and the first decline in homes in over 15 years. 2008 will remain a slow seller market, but a excellent buyer's market … (0 comments)
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arizona: Chandler Real Estate* - 04/04/08 05:54 PM
March Residential Highlights
March came in like a Lion! Amazing what a month has done in our Real Estate Market. Closed sales saw huge 41% increase over February (181 v. 255). It appears that we have possibly hit bottom as closed sales have continued to creep up and have increased every month … (0 comments)
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