If you had to guess which of the Maricopa subdivisions had the least expensive homes for sale, which would it be? Would you be surprised to learn on average, the least expensive homes are in a subdivision NORTH of the tracks?
There are definitely some great affordable homes in Maricopa.
Senita and Palo Brea have some of the lease expensive homes currently for sale
The Villages has a great price per sqft for the Amenities in the subdivision.
… Read more
Thanks for stopping by and checking out my blog.
I am a Real estate guy with a dry sense of humor that may or may not show through in my blog posts, not a pool guy. The purpose of the previous sentence is that I am not a professional pool guy but I have sold enough homes with pools that can give some good advice!
The next disclaimer is that in this post, I am talking about the homes in the area of Phoenix. This of course includes the cities everyone has heard of… Read more
These numbers were compiled on 8/24/16.
But first: The Prologue...
Holding an open house on a lovely Wednesday afternoon, (sure, I know there won't be many visitors) maybe some nosy neighbors that haven't seen this specific floorplan or they are looking for decorating ideas.
I got a strange hankering to crunch some numbers, specifically for our lovely little piece of Paradise!
Here are the numbers as of 8/24/16. These numbers only focus on the homes in HOA'ed subdivisions, since the non HOA areas are so diverse.
Hot off the press!
I have seen the increase and decrease with my own eyes, just was not sure of the extent of the numbers.
ARMLS (Arizona Regional Multiple Listing Service) which tracks every home listed by agents. Numbers not included would be private sales and for sale by owners.
I have noticed a decrease in my showings even the ones that are priced to sell quickly.
Here is a graph showing the slowdown of sales....
I could answer this question with just 2 numbers (2 & 5) but the truth is the times vary about depending on the loan types. Some people prefer a VA loan or a Rural loan! Below is a chart which answers all those questions! Very informative!. Brian 602.206.9644
New-Home Sales Soar to 5-Year High
Daily Real Estate News | Thursday, July 25, 2013
Rising mortgage rates are showing no sign of derailing new-home sales. Single-family new-home sales rose 8.3 percent in June to the highest level since May 2008, the Commerce Department reported Wednesday. What’s more, they were up 38.1 percent compared to June of last year — the largest year-over-year increase since January 1992.
With mortgage rates on the rise in recent weeks, some analysts have been concerned that home sales would slow. But "the recent increase in mortgage rates… Read more