Inventory of Maricopa Arizona subdivision homes for sale contiues to decline and now represents a 15% drop in the past 30 days. Although there has been a slight “softening” in values, prices are still near the highest levels that I have seen in the past 4 years. The Maricopa AZ housing market is just about to enter what is typically it’s...
Read MoreHousing Bubble Concerns??
A report posted this morning on DSNews.com addresses the concerns by some that we are in the midst of another housing “bubble” due to the rapid price/value gains over the past six months. Especially when looking at my local market of homes for sale in Maricopa Arizona, I have to agree with a number of their reasonings that there is nothing to...
Read MoreMaricopa Arizona Homes for Sale – Housing Market Report 4APR13
Inventory of active listings continues to decline at a relatively quick ra
Read MoreHARP Refi Program Extended to 2015
The Federal Housing Finance Agency directed Fannie Mae and Freddie Mac to extend the Home Affordable Refinance Program by two years to Dec. 31, 2015. The program was set to expire at the end of this year. FHFA determined that extending the program will provide borrowers additional opportunities to refinance, give clear guidance to lenders and reduce losses...
Read MoreHomes for Sale in Maricopa Arizona – Housing Market Update 9APR13
After heading downward for a month, inventory of subdivision homes for sale in Maricopa Arizona remained stable last week. Pending sales increased to the level that we would normally expect during the seasonal buying season but have not experienced until now. As I stated previously in my last post, this would suggest that there is a “last...
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