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.
Monday, December 23, 2013
Wednesday, December 11, 2013
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
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
Wednesday, September 25, 2013
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
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
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
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
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
Thursday, May 30, 2013
Tuesday, May 28, 2013
Sunday, May 19, 2013
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 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
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
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.
Tuesday, February 26, 2013
Saturday, February 23, 2013
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
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
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
Saturday, January 12, 2013
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.