single family homes Archives

Luxury market sees 54% drop in short sales

Luxury Home - AZ Business Magazine November 2008

This summary looks at single family homes over $500,000 in all areas of the Northeast Valley, including Scottsdale, Paradise Valley, Fountain Hills, Rio Verde, Arcadia, Biltmore, Cave Creek and Carefree. SUPPLY The supply of active listings offered for sale as of May 1 is 2,222 down 2% from last month and comprising 2,122 normal (down… Read More →

Phoenix-Area Home Prices Continue To Soar

home prices

Phoenix-area home prices have been zooming up for months, and the streak continued in May. However, a new report from the W. P. Carey School of Business at Arizona State University takes a closer look at the short supply of available houses, an increase in foreclosures, and a possible leveling off of skyrocketing home prices… Read More →