Live Mesa Arizona Valley of the Sun Homes

09/10/2021

https://www.cuisinenoirmag.com/mesa-arizona-gem-to-explore/?utm_source=rss&utm_medium=rss&utm_campaign=mesa-arizona-gem-to-explore

Just a short drive from Phoenix is Arizona's third-largest city Mesa that is worth exploring for a day or two.

07/29/2021

Where have all the houses gone? Blackrock!

Inflated Expectations is a newsletter that explores the macroeconomic drivers of growth and the potential for the crypto-revolutionization of monetary regimes.

07/27/2021

Housing Supply! What's up with it?

One of the hottest topics of conversation in today’s real estate market is the shortage of available homes.

10/14/2020

Home Prices Continue to Appreciate
CoreLogic released their Home Price Index report for August, which showed that home prices increased nearly 1% from July and they're up 5.9% compared to August of last year. Idaho, Arizona and Maine experienced the strongest price growth in August, up 10.8%,9.7% and 9.6%, respectively.

CoreLogic also forecast that home prices will rise 0.2% in the year going forward, which is a decline from the 0.6% increase forecasted in the previous report. However, keeping this in perspective, CoreLogic had forecasted only a 0.1% monthly gain for August and the data came in at 1%, and the same thing happened last month as well. In addition, not too long ago CoreLogic forecasted a 6.6% decline in home prices in the year going forward, which they have revised significantly to now a positive 0.2% gain. With demand for housing so high, appreciation should continue.

"The imbalance between homebuyer demand and for-sale inventory is particularly acute for lower-priced homes,” noted Dr. Frank Nothaft, chief economist at CoreLogic. “Because of this imbalance, homes priced more than 25% below the median were up 8.6% in price over the last year, compared with the 5.9% price increase for all homes.”