home prices Archives

Phoenix home prices rose 5 percent in 2014

housing.prices

The final numbers are out for 2014, and the median single-family-home prices in the Phoenix area officially went up 5.4 percent. That’s according to the latest monthly report from the W. P. Carey School of Business at Arizona State University. Here are the highlights of that report on Maricopa and Pinal counties, as of December:… Read More →

No Housing Bubble Right Now in Phoenix

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The Phoenix-area housing market is NOT creating another housing bubble to pop anytime soon. The latest monthly report from the W. P. Carey School of Business at Arizona State University shows a lack of enthusiasm from both buyers and sellers. Here are the latest details on Maricopa and Pinal counties, as of July: • The… Read More →

Phoenix Housing Shortage Coming?

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The Phoenix area could soon see another shortage of homes for sale, like the one it endured from 2012 to 2013. According to a new report from the W. P. Carey School of Business at Arizona State University, very weak demand is masking the fact that relatively few homes are coming onto the market for… Read More →

Phoenix Housing Market Affected by Government Shutdown

housing.prices

The government shutdown may have dampened interest in buying Phoenix-area homes this fall. A new report from the W. P. Carey School of Business at Arizona State University shows the latest data for Maricopa and Pinal counties, as of September: * The median single-family-home price was up about 33 percent from last September, to $199,000.… Read More →

No Housing Bubble for the Phoenix Area?

housing.prices

Despite dramatic home-price boosts, don’t expect another housing bubble anytime soon in the Phoenix area. A new report from the W. P. Carey School of Business at Arizona State University breaks down what’s happening in the Maricopa and Pinal County housing market, as of April: * The median single-family home price climbed again to $181,399,… Read More →

Phoenix leads nation in home price increase

housing.prices

U.S. home prices jumped 10.9 percent in March compared with a year ago, the most since April 2006. A growing number of buyers are bidding on a tight supply of homes, driving prices higher and helping the housing market recover. The Standard & Poor’s/Case-Shiller home price index released Tuesday also showed that all 20 cities… Read More →

Rebound for Arizona and U.S. Slows Down

Arizona Is Losing Economic Grounds To Other Southwestern States, 2008

Jobs, home prices and population growth are all slowly rebounding in Arizona. However, experts from the W. P. Carey School of Business at Arizona State University say we still have a long way to go, and the automatic federal budget cuts known as the sequester aren’t helping our momentum. The experts delivered their forecasts today… Read More →

Phoenix-area Housing Prices Keep Soaring

Home prices continue their upward climb in the Phoenix area, with more momentum expected until at least June. A new report from the W. P. Carey School of Business at Arizona State University reveals the latest information about the Maricopa and Pinal County housing market, as of March: The median single-family home price was all… Read More →

Prices Up, Foreclosures Down, Investors Losing Interest

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Phoenix-area home prices are back on their way up again, after a short drop in January. The latest housing report from the W. P. Carey School of Business at Arizona State University shows soaring prices, dropping foreclosures and waning interest from investors looking at Maricopa and Pinal counties, as of February. * The median single-family… Read More →

Bankers: Don’t try to time the market

housing.prices
by in Banking | Featured | Real Estate

Timing is everything. But when it comes to buying a house, Valley banking leaders says it’s best not to rely too much on timing. “Potential buyers who are still on the sidelines waiting for housing prices to decline further may see themselves priced out of the market if interest rates rise,” says Carl Streicher, regional… Read More →

Bankers: Don't try to time the market

housing.prices
by in Banking | Featured | Real Estate

Timing is everything. But when it comes to buying a house, Valley banking leaders says it’s best not to rely too much on timing. “Potential buyers who are still on the sidelines waiting for housing prices to decline further may see themselves priced out of the market if interest rates rise,” says Carl Streicher, regional… Read More →

Phoenix Area Ready for Even Higher Home Prices

housing.prices

Even though the median Phoenix-area home price shot up by more than a third last year, we can expect area prices to keep soaring in 2013. That’s according to a new housing report from the W. P. Carey School of Business at Arizona State University, which offers the latest numbers for Maricopa and Pinal counties,… Read More →

Phoenix-area Home Prices continue to Rise

housing.prices

More ordinary buyers are finally getting into the Phoenix-area housing market as home prices continue to rise and investors find fewer bargains to snap up. That’s according to a new report from the W. P. Carey School of Business at Arizona State University, which reveals the numbers for Maricopa and Pinal counties, as of November:… Read More →

Phoenix leads all cities in housing price gains

Housing and transportation

US home prices rose in most major cities in October compared with a year ago, pushed up by rising sales and a decline in the supply of available homes. Higher prices show the housing market is improving even as it moves into the more dormant fall and winter sales period. The Standard & Poor’s/Case-Shiller national… Read More →