Tag: housing market
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Phoenix Market On Fire
According to Forbes Phoenix is one of the local real estate markets that is on fire right now for real estate sales. Source: Forbes. The Forbes numbers show a 44% drop in inventory year over year and a 33% rise in prices in the same period. Of course that’s looking at the whole metro area […]
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Phoenix Housing Market | S & P Case Shiller Index
The Case Shiller House Price Index is out for June 2011. Phoenix metro area saw a small decline from 101.62 in May to 101.00. This represents a fairly small downward shift in the seasonally adjusted level. If you look at the curve. It’s fairly clear rapid changes in house prices either up or down have […]
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Housing Issues To Watch in 2011
I stumbled upon this article in the Wall Street Journal by by Nick Timiraos: Four Housing Issues To Watch in 2011. “Perhaps the biggest question facing the housing market in 2011: Is this the year housing actually hits bottom? Home prices are expected to fall another 5% in 2011, though there are some who say […]