Recently an acquaintance had us check on a home in the neighborhood that had just sold. They wanted to find out what the home had sold for. In checking, we learned the home had sold for cash at a price well above what is the average price in the local market currently. Being a cash [...]
Tagged as:
arizona home sales,
cash buyers,
marketing strategy for real estate,
move in ready
A new report from a group who track new home sales in the Phoenix Arizona area is showing that new home spec homes are showing an interesting price jump in the past 3 months. (April- May-June 2011). The new report is showing for the third consecutive month the median price of spec homes available for [...]
Tagged as:
new home pricing,
spec homes
Below is a report for June 2011 real estate across the Phoenix Arizona Valley. The info shows June 2011 average price per square foot for homes sold during that month across the entire Phoenix Valley. As continues to be the case for the past few months — generally speaking, there are only minor variations in [...]
Tagged as:
phoenix arizona home sales,
phoenix arizona home stats
Coming up with a down payment for a home purchase can be a challenge for many Americans. The down payment on a $200,000 house, for example, will run a buyer anywhere from $7,000 (for a FHA loan) to $40,000! Many people simply do not have this kind of money and it seems like an insurmountable [...]
Tagged as:
down payment assistance,
first time home buyers,
home buyers
As a reminder to Arizona home owners who have decided to rent out their homes, whether full time or as a seasonal rental, be sure you have your property classified properly for tax issues. In Arizona when a person lives (owner-occupied) in their personal residence the property is listed as a Class 3 property on [...]
Tagged as:
arizona rental property,
changing tax structure of homes,
rentals
Below is the May 2011 average price per square foot for homes sold during that month across the entire Phoenix Valley. As continues to be the case for the past few months — generally speaking, there are only minor variations in the averages of price for homes sold in Phoenix area real estate community stats [...]
Tagged as:
phoenix arizona home sales,
phoenix arizona home stats