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northeast valley market trends: Arrowhead Earns Nod as Arizona Valley’s Best Neighborhood - 05/26/08 09:52 AM
Voters at azcentral.com, according to the The Arizona Republic, have chosen ARROWHEAD as the valley's best neighborhood. "Arrowhead" is loosely used to identify a region of northern Glendale into Peoria. But the name was branded with Arrowhead Ranch, a former citrus ranch on about 5,000 acres that was transformed in the 1980s into a posh master-planned community in north Glendale.
Arrowhead won over competition from Phoenix's swanky Biltmore neighborhood and its historic Willo district. It also topped Scottsdale's DC and McCormick ranches.
Today, the development, divided into subdivisions, is at 95 percent build-out. Arrowhead Country Club's golf course and the course … (0 comments)

northeast valley market trends: Bargain Hunters Boost Home Sales in Some Markets - 04/22/08 11:19 AM
USA TODAY reports that as home sales and prices drop across much of the USA, many potential buyers remain scared to jump into the market, and sellers are resorting to slash-and-burn prices. The national median price sank to $195,900 in February, down from $213,500 in February 2007. Foreclosures are up nearly 60% from March 2007, according to RealtyTrac. But, to a small but growing number of buyers across the nation, the grim housing recession offers a tantalizing upside: They can get a home at a fire-sale price. In some metro areas, price declines are galvanizing bargain hunters - especially first-timers, foreign investors … (0 comments)

northeast valley market trends: Arizona 4th in U.S. in Home Foreclosures - 04/22/08 10:54 AM
A recent article from the Business Journal of Phoenix reports that Arizona ranks fourth among all states in the rate of home foreclosures, according to new research from Realty Trac. Nearly 9,200 homes in Arizona were touched by foreclosure proceedings in March, an average of one in every 283 households. That's more than double the rate from March of 2007. Nationwide, rates are up 57 percent from March of last year. In all, nearly 235,000 homes were hit with foreclosure filings last month, which include default notices, auction sale notices and bank repossessions. Of those, 51,393 homes were lost to foreclosure - … (2 comments)

 

Joyce "Joy" Mahaney Brewster

Glendale, AZ

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High Profile Realty

Address: 18185 N. 83rd Avenue, Su. D202, Glendale, AZ, 85308

Office Phone: (623) 486-9050

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Northwest Arizona Real Estate Blog, presented by Joyce Mahaney Brewster of High Profile Realty. Check back often for info on current market trends and analysis and general thoughts on the state of real estate in Maricopa County as well as local news and events. Free multiple listings search with no registration at http://www.joycemahaneybrewster.com.


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