Jean Wfry's Blog

"The dream of home ownership remains very much alive and well," said Zillow's chief economist Stan Humphries. "But these aspirations must also contend with the current reality, and in many areas, conditions remain difficult." In all but one of 20 metro areas Zillow surveyed, 5% or more of reside...

The demand for starter homes is there, but starter homes are beginning to be rare.  Builders don't want to build starter homes and the resale market is not providing many starter homes. There may be demand for starter homes, but many home builders aren’t interested in building them. Entry-level ...

What will the future hold for the Phoenix housing market?  As of February there was a surge in Real Estate Sales.  January numbers were not impressive but things changed in February.  Michael Orr discovered a more than 30 percent jump in pending sales across the Valley at the end of February. Th...

I love to read about new jobs in Mesa Arizona.  SDI is bringing 175 jobs to Mesa.  I am doing a happy dance! The Simi Valley, California-based company Special Devices Inc. (SDI) will break ground on a 64,000-square-foot assembly building this March. More buildings could also be built on the East...

Zillow should stick to what it does best.  Post listings.  The Zestimates they provide are not worth the paper they are printed on.....oh wait they are not printed on paper.  Do you think this is harsh?  Realtors don't.   Honestly I don't hate Zillow.  But they should not offer information they ...

The Mulberry at Signal Butte and Guadalupe in Mesa Arizona is selling like hotcakes.  What is the big deal?   They have 16 floor plans varying from 1,732 st to 4,365 sf.  Base prices start at $198,950 to $409,950.  So there is something for everyone.  The location is terrific.  Great shopping an...

  Home ownership may be closer than you think. You may qualify for home buyer assistance. Did you know that there are hundreds of millions of dollars available across the country through home buyer assistance programs? These home buyer assistance programs include down payment and closing cost ass...

What is a boomerang buyers?  Boomerang buyers  were thrown out of the mortgage market after foreclosures or short sales during the crash but now can qualify for a home loan again. They were in a 'time out' from the mortgage market. This 'time out' period varies depending on what kind of loan you...

Want to know what the March statistics for the Phoenix metro housing market is?   ARMLS (Arizona Regional Multiple Listing Service) does a monthly report. This gives you  Phoenix housing market data.  stat-march-2015 Commentary by Tom Ruff of the Information market The overall health of our housi...

Back in the 1960s the trend of camping out overnight for a buyer to select new home became quite common but now it has been several years since this has happened. However it looks as if this trend could be returning in certain areas which include Las Vegas and Phoenix. Buyers camping out overnig...