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Pollack: Housing starts excellent!

Posted by   /  January 22, 2020  /  Economy  /  No Comments

Pollack

ELLIOTT D. POLLACK& Company FOR IMMEDIATE RELEASE January 21, 2020The Monday Morning Quarterback A quick analysis of important economic data released over the last week On the face of it, last week’s economic news was good. Housing starts numbers were excellent. Retail sales, while slightly lower than expectations, were still strong. Consumer sentiment remained high. […]

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Affordability, housing demand highlight Belfiore’s big AZ Dealmakers event

Posted by   /  January 17, 2020  /  Real Estate  /  No Comments

By Mike Sunnucks | Rose Law Group Reporter Jim Belfiore is gearing up for his 11th Annual AZ Dealmakers next Thursday at the Westin Kierland Resort & Spa. Belfiore said more than 900 attendees have already signed up (a record amount) and the event will outline the state of the regional real estate market and where […]

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Housing market in 2020: Here’s what to expect

Posted by   /  January 17, 2020  /  Real Estate  /  No Comments

AZBigMedia Even a rise in interest rates cannot slow Arizona’s red-hot housing market. “The modest uptick in mortgage rates over the last several months reflects declining recession fears and a more sanguine outlook for the global economy,” says Sam Khater, chief economist for Freddie Mac. “Due to the improved economic outlook, purchase mortgage applications rose 15 […]

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Regional News: New Mexico’s rise in homelessness highest in the nation; Colorado shows reduced number

Posted by   /  January 10, 2020  /  Government and Politics, Regional News  /  No Comments

Courtesy U.S. Dept. of Housing and Urban Development By KRQE Media Homelessness in the state is the highest in the nation. The U.S. Department of Housing’s Annual Homeless Assessment Report found that New Mexico had the nation’s largest percentage increase in homelessness during the last year with an increase of 27%. Overall, the state comes […]

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Belfiore: Housing market is healthy but keep an eye on interest rates, affordability and supply

Posted by   /  January 10, 2020  /  Real Estate  /  No Comments

By Mike Sunnucks | Rose Law Group Reporter The regional housing market ended 2019 with a bang and continues into 2020 with some strength, according to real estate expert Jim Belfiore. But there are also some indicators to watch including affordability, supply and mortgage interest rates. “Things are really healthy,” said Belfiore, president of Belfiore […]

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Relaxed zoning in could create millions of new homes

Posted by   /  January 8, 2020  /  Real Estate  /  No Comments

Twitter Zillow Adding a backyard cottage or mother-in-law unit to even a small fraction of single-family lots would broaden the mix of available homes and ease the affordability crisis Creating an additional home on 1 in 10 single-family lots would yield nearly 3.3 million new homes in the 17 metro areas analyzed The extent of […]

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Commission approves new duplex project in Coolidge

Posted by   /  January 8, 2020  /  Real Estate  /  No Comments

The site plan for “Avanti on Elm,” a multi-residential complex that will feature 17 duplexes, was approved Dec. 4 by the Coolidge Planning and Zoning Commission. / City of Coolidge / Pinal Central By Rofida Khairalla | Pinal Central Another multi-residential housing development will likely be cropping up along Elm Avenue in the near future […]

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December 2019 hottest housing markets

Posted by   /  January 8, 2020  /  Real Estate  /  No Comments

By Nicolas Bedo | Realtor.com Fort Wayne, IN retained its number one position on the list for the sixth month in a row.Half of the top 20 markets are from smaller markets around the country.California metros dominate with eight markets appearing in the top 20 this month.The Phoenix, AZ metro area has seen the largest […]

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A decade of home building: The long recovery of the 2010s

Posted by   /  January 7, 2020  /  Real Estate  /  No Comments

By Robert Dietz | NAHB Home building in the 2010s was a story of the Long Recovery. After the Great Recession, the number of home builders declined significantly, and housing production was unable to meet buyer demand. This deficit of housing in the United States continues to exist because of persistent supply-side headwinds for builders, creating […]

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Peoria home sellers getting top price

Posted by   /  January 6, 2020  /  Real Estate  /  No Comments

By Tom Scanlon | Peoria Times  A sage rock preacher once proclaimed, “You can’t always get what you want.” Sorry, Mick Jagger. The West Valley housing market is proving the Rolling Stones  wrong on that note. According to RealtyHop, a national real estate listing company, “Glendale ranked in the top 10 hottest housing markets in December, […]

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