Recently Sold Ventana Prpperties

Monday, December 23, 2013

Home equity skyrockets over the past year

According to new data at the Federal Reserve, home equity increased $2.2 trillion from the third quarter of 2012 to the third quarter of 2013. This record breaking increase means many underwater home owners can now sell their homes without a cash outlay. Click on the link to read the full Arizona Daily Star article.

Wednesday, December 11, 2013

Tucson home sale prices up but sales down in November

The Tucson Association of Realtors records an uptick in home prices but notes that there were fewer sales in November. Click on the link to read the full Arizona Daily Star article

Wednesday, November 27, 2013

Home prices across the country move up slowly in September

Indicators in the housing market portend slower growth rather than one on the verge of acceleration. Click on the link to read the full Arizona Daily Star article

Saturday, November 16, 2013

Home sales up 15% in Tucson

Although home sales are gaining momentum in Tucson, the average home price was slightly down from September. Click on the link to read the full Arizona Daily Star article

Wednesday, September 25, 2013

Three reasons home prices increase 12.4% in July over last year's numbers

A limited supply of homes, fewer foreclosures up for sale and low, low interest rates all combine to help set record high home prices. However, there are also signs of home prices beginning to moderate. Click on the link to read the full Wall Street Journal article.

Wednesday, September 11, 2013

Home prices down in August but up 6% over last year

The real story of home prices in Tucson is gain some one month, slip a little the next but still the prices are up over last year's results. This means things are slowly getting better. Click on the link to read the full AZStarnet article

Tuesday, August 27, 2013

Home prices up in Arizona ... how much depends on when you bought into the market.

A new report from the Federal Housing Finance Agency shows if you bought your home before 2005 it's worth what you paid for it. If you bought midway through the bubble, break even is in the distant future. Click on the link to read the full AZStarnet article

Wednesday, August 7, 2013

Year-over-year home prices jump nearly 12 percent in June

Home prices in 48 states and 99 major cities covered in a CoreLogic report jumped 11.9% over last June's figures. Higher demand and tighter supplies is credited for the increase. Click on the link to read the AZ Starnet article.

Tuesday, July 30, 2013

Mortgage rates move up a bit while home prices soar

With home prices up now is a good time to sell. Some sellers even find themselves involved in bidding wars. Click on the link to read the CNNMoney article.

Tuesday, June 25, 2013

Short supply, high demand push up housing prices

The largest month-over-month increase dating back to 2000 was noted in Tuesday's Standard & Poor's/Case-Shiller 20-city home price index report. Click on the link to read the HUFF POST Business article.

Thursday, May 30, 2013

Tuesday, May 28, 2013

Sunday, May 19, 2013

Good news: Appraisers valuing homes at or above selling price

More and more deals are going through since appraisers now value homes at or above the selling price. Click on the link to read the CNNMoney article.

Sunday, May 12, 2013

Home-sale price in Tucson up significantly over last year

Home-sale price tops 9% over last year coupled with more listings in April. Click on the link to read the AZ Starnet article.

Wednesday, May 1, 2013

Housing prices show biggest gain since market peak in 2006

The news keeps getting better. In the past 12 months according to the S&P Case-Shiller index, housing prices rose 9.3%. Click on the link to read the CNN Money article. 

Saturday, March 16, 2013

Home values up significantly in last quarter of 2012

With home prices going up in many spots around the country, home owners can now start to think about selling. Click on the link to read the Arizona Daily Star article.

Saturday, February 23, 2013

Some home properties in hot markets now seeing multiple offers

It's been seven years since the housing market collapsed but with current low inventories and low interest rates, home sellers are beginning to take advantage of a sunnier picture. Click on the link to read the WSJ article.

Friday, January 25, 2013

New home sales strong in 2012 despite disappointing December

Although new home sales were down 7.3% in December, overall new home sales for the year were the best since 2009. Click on the link to read the CNNMoney article.

Wednesday, January 23, 2013

Home supply down at end of year but sale hit 5-year high

The National Association of Realtors reports that total home sales were 4.65 million in 2012. This is under the average 5.5 million home sales in a healthy market, but there is a marked improvement. Click on the link to read The New York Times article.

Friday, January 18, 2013

2012 housings starts highest in 4 years.

December's new housing starts nationally ended 12.5% higher than November making 2012 the best in 4 years. Click on the link to read The Detroit News article.

Saturday, January 12, 2013

Median sales price of homes in Tucson increased 23% since December, 2011.

National economist predicts significant increases in home and rental prices in Tucson in the coming months. Click on the link to read the Arizona Daily Star article.