After the whole 2008/09 housing crash I swore to myself that I would alert people when I saw the signs of another impending housing market crash, or at least a decline. Unfortunately by the time the media announces it as news the decline is usually in full swing. And as the saying goes on Wall St. buy on the rumor, sell on the news. Best advice is to consult a Realtor. Below is a list of factors that I keep an eye on to determine whether our housing market is in for darker days:
1. Interest rate increases - Yes, this is … (3 comments)
mortgage rates: Anthem, AZ Country Club Real Estate Market Report - Nov. 2018
- 12/17/18 04:19 PM
Prices rose but sales activity slipped in the Anthem Country Club real estate market during November. The total number of homes sold in the Country Club was down 6% versus October and was down 12% from Noveber 2017. Marking 3 months in row of declining home sales. The average sale price increased by 5% from October, but was down 22% from November 2017. The price per square foot also fell 3% from October but was up 4% year over year. But more importantly for the third month in a row the 12 month moving average slipped now at $432,032, down 2% from October … (1 comments)
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