chino valley: The U.S. Housing Market: Better Times Ahead - 12/30/07 01:37 PM
 
A friend of mine recently attended a Conference sponsored by Charles Schwab.  James Smith, Chief Economist with Parsec Financial Management presented a program entitled "The U.S. Housing Market: Better Times Ahead" .  In his presentation Mr. Smith brings up some very interesting points regarding home ownership in the United States, the demographics of home ownership and what these statistics signal for the future.
From 2004 through 2006 home ownership rates ran about 69% with a slight downturn in 2007 to 68.4%.  Many housing experts believe that due to U.S. demographics and mobility habits of Americans a ceiling of approximately 75% is realistic.  … (3 comments)

chino valley: Help-U-Sell of Prescott VIDEO - 04/02/07 12:50 PM
 
Help-U-Sell of Prescott... Full service. Big Savings. Your experts next door. View our video to learn more about the Prescott area and Help-U-Sell of Prescott.
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chino valley: Prescott Area Market Conditions 2005 vs 2006 - 01/31/07 12:08 AM
 
A look back at 2006 and 2005 and what it means for 2007.
Inventory of homes for sale have leveled off over the past 4 to 6 months, inventory of land for sale continues to rise (possibly less builders buying up inventory).
Rates continue to remain very competitive (30 year fixed about 5.8%) and sellers seem to be adjusting their price.  This could stimulate sales later in the year.
 
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Michael Klein

CRB, GRI, E-Pro

Prescott, AZ

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Help-U-Sell of Prescott

Address: 724 N. Montezuma Suite C, Prescott, AZ, 86301

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What's happening in the Prescott Area and general musings about the market and real estate industry.


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