Sorry, I kinda checked out for the Christmas holiday. Well, really I got a virus, bought a new computer, was on jury duty and had the holiday and family to consume this last week!
I wanted to update you on some of the recent data about both the national and our valley’s housing market.
- Home Sales Jumped 30% in the West
- Phoenix was much stronger with a 70% rise over last year(have you heard this story???)
- The Valley’s median sale price fell by 13% from last year
- BUT, prices are up 13.9% since their low in March
- Nationally sales soared by almost 47%
If you would like to discuss the market in more detail, or have questions specific to your situation; please call me at 480-502-7699 or email Jeff@thecameronteam.com
LOS ANGELES – Home sales jumped 30 percent in the Western region of the country in November, driven largely by first-time buyers racing to qualify for a tax credit that was set to expire.
In the Phoenix area, the change was far more dramatic, with November home sales up 70 percent from a year earlier, according to a National Association of Realtors report based on data from the Arizona Regional Multiple Listing Service.
Read the rest of the story: http://ow.ly/PUZY
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