by kramoltz@hotmail.com | Jun 20, 2016 | Home Buying, Real Estate Facts & Figures
The metro Phoenix-Mesa-Scottsdale area is one of the metro areas where new-home construction is lagging. According to the National Association of REALTORS®, this may lead to a shortage of new housing stock. NAR measured the ratio of new-home construction to the number...
by kramoltz@hotmail.com | Jun 17, 2016 | Home Buying, Real Estate Facts & Figures
The median home values in many metro Phoenix areas have fully recovered and are near or equal to that of the height of the market in 2006. But there is one important difference between peak prices in 2006 and resale home values today: the cost of money. In June of...
by kramoltz@hotmail.com | Jun 6, 2016 | Mortgages + Lending, Real Estate Facts & Figures
MarketWatch.com reports that the number of appraisers is down 20% from 2007, and the number in that profession is expected to decline steeply in the next five years. Residential has been hit harder than commercial, with predictions that the decrease could continue by...
by kramoltz@hotmail.com | May 16, 2016 | Home Ownership, Real Estate Facts & Figures
Builders tore down and reconstructed about 55,000 homes – or about 7.7% of all single-family housing starts last year, according to estimates by the National Association of Home Builders. As the housing stock continues to age and builders are hard-pressed to...
by kramoltz@hotmail.com | Apr 20, 2016 | Real Estate Facts & Figures
The cost and availability of labor is the top challenge home builders expect to face this year according to the National Association of Home Builders. The other top 10 significant problems builders say they will face in 2016 are: 1. Cost/availability of labor: 76% 2....
by kramoltz@hotmail.com | Apr 18, 2016 | Real Estate Facts & Figures
#Scottsdale, Arizona had the eighth most #luxuryhome sales (over $1 million) in the U.S. last year.
