Below you'll find a list of all posts from August, 2016
During July, a total of 31 Maricopa County homes were purchased by Canadians. That is the lowest sales total in 10 years and represents only a .035% share of the market. With the current strength in the dollar, few foreigners are venturing into the Phoenix market to buy. During the same month of July, 167 homes were sold by Canadians, …
The usual third quarter price decline has hit hard but is due to peter out about now This article was originally published on The Cromford Report’s Blog.
As we prepare the ZIP code snapshots it is interesting to see which ZIP codes have moved closest to the peak prices during the housing bubble. Most are still a substantial way below those maximum prices. However the variation among the ZIP codes is quite noticeable.. The percentage in the table below is comparing the current average $/SF for single …
How close are we to the CRAZY price per sq ft values we saw in 2006-2007? Let’s break it down by zip code: For the Southeast Valley, the percentage below the peak in $/SF pricing for single family homes is as follows: Tempe 85282 -15% Chandler 85286 -15% Tempe 85281 -16% Tempe 85283 -16% Chandler 85224 -18% Mesa 85210 -18% …
The market has improved for sellers and the lower sales numbers for July are caused by the calendar rather than a real change in the market. This article was originally published on The Cromford Report’s Blog.
