Foreclosed homes gained value more rapidly since recovery than other homes, and in many markets, are more valuable now than ever before, according to Zillow

Phoenix foreclosure sales

Since the housing market recovery began, foreclosed homes have risen 74.5 percent in value in relation to approximately 46 percent for all homes. According to a new analysis from Zillow, the value of homes foreclosed on throughout the Great … [Read more...]

Gilbert Arizona, the top U.S. cities for post-recession recovery

The Phoenix suburb of Gilbert ranked highest among the nation’s 100 largest cities for post-recession recovery according to a new report from the Economic Innovation Group, a Washington D.C.-based research group. The report, which tracked the uneven … [Read more...]

Phoenix new apartment rentals out-of-reach for many

New apartment rentals in Phoenix

In response to demand for new rental housing in the Metro Phoenix area, developers completed construction on a record number of units in 2017. Unfortunately, about 87 percent of those new rental complexes are luxury apartments, priced at $1,500 per … [Read more...]

Phoenix House hunting: when is it time to consider a condo?

Phoenix House hunting

House hunting in Phoenix: is it time to consider buying a condo instead? Buying a home in today's Phoenix market can be challenging for folks. The West Valley’s low-inventory market has prospective home-buyers on high alert for information on … [Read more...]

Booming population growth and a robust economy fuels Nebraska-based Creighton University’s decision to build a new $100 million medical university in Central Phoenix

New medical school planned for Central Phoenix provides real estate investors and developers with an abundance of  income-generating opportunities to meet campus rental housing demands Central Phoenix will be home to a new medical school campus … [Read more...]

Phoenix-Area Mortgage Delinquency and Foreclosure Rates Continue to Drop

Phoenix mortgage delinquency and foreclosure rates drop

Phoenix-area mortgage delinquency and foreclosure rates among the lowest in the nation A robust job market and strong economy are contributing lower mortgage delinquency and foreclosure rates in the Phoenix area and across Arizona that continued to … [Read more...]