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housing: Apple Creates Jobs in East Valley Arizona- Deb Christensen
- 11/05/13 01:34 PM
Is the Phoenix Metro going to be the next Silicon Valley? Maybe not, but we’re headed that direction with Governor Jan Brewer’s announcement Monday that Apple is coming to the valley!The newest Apple manufacturing facility will be in Mesa, and will create an estimated 700 jobs, according to Brewer. In addition, it will also generate construction and other associated jobs.This is great news for the valley and area REALTORS®, as recent studies have shown that markets with faster job growth have also seen the biggest home price increases READ MORE
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housing: 5 Bedroom 2 Story Amber Hills In Phoenix AZ 85085- Erin Bican
- 11/04/13 04:52 AM
Property DescriptionGorgeous 5 bedroom 2 story Amber Hills in Phoenix AZ 85085 located in North Phoenix!Tons of travertine and granite countertops throughout. Front family room of this 5 bedroom 2 story Amber Hills in Phoenix AZ 85085 has neutral carpet. Formal dining area with tile and picture window. Large laundry room with plenty of storage and access to garage. Large great room with travertine flooring and ceiling fan. Upgraded kitchen with granite counters and breakfast bar, stainless steel appliances and plenty of cabinet space. Loft with plush neutral carpet and ceiling fan. Full guest bathroom with double sink vanity … (0 comments)
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housing: Home Sales Hit A Five Year High
- 08/14/13 11:58 AM
Though the housing recovery appears to remain strong as home sales hit an annual rate of 470,000––the highest number since May 2008––housing numbers aren’t on a uniformly upward trajectory. June data indicates that housing starts slowed by nearly 10% from May, due partly to higher mortgage rates.While at a record low at the end of 2012, investor fears that the Federal Reserve will taper its quantitative easing stimulus program has caused mortgage rates to rise dramatically. The average rate on a 30-year fixed-rate mortgage is now nearly 4.4%, according to Freddie Mac’s latest Primary Mortgage Market Survey.New home sales … (2 comments)
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housing: Phoenix Arizona Hottest Housing Market In America
- 08/01/13 07:12 PM
Posted by: David Klein
Realtor Stone Path Real Estate
As published in a recent Wall Street Journal article, Phoenix Arizona is the #1 housing market in the country. Here's the proof.
1.Phoenix Change in home value: 24.0%
Current home value: $165,600
Bottom in home value: Q3 2011
Forecast change in home value: 10.6%
No other metropolitan area’s housing market has grown faster than Phoenix, where home values rose 24% over the past year. Between 2013 and 2014, home values are projected to rise an additional 10.6%. The unemployment rate in the Phoenix metro area was just 6.7% in February 2013, down a percentage point … (0 comments)
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housing: May Housing Starts Rose Over 6%
- 06/18/13 04:09 PM
HousingProductionModest Growth May housing starts rose 6.8% as apartment construction rebounded from an unusually low April and single-family construction remained virtually even. Total starts at a 914,000 seasonally-adjusted annual rate (SAAR) have been above 900,000 for three of the last five months.
Regionally, the South was the only region with an increase in single-family starts (12.2%) while the Northeast dropped 20%, the Midwest dropped 15% and the West dropped 4%. Issued but unused single-family permits were up by double-digit percentages in all three of the regions with a drop in starts. Stock piling permits along with above average precipitation in those same … (0 comments)
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