I am starting to pay attention to the homeownership rates again. I will be honest with you. Not everyone should own a home. It is unpopular, and some say unAmerican to say, but it catches my attention when I read about all the new programs to make home ownership "so much easier." Have we learned nothing? Homeownership Rates on the rise Homeownership rates are up over last year and growing faster than the rate of renters. Homeownership rates are now 63.7% up from 62.9% from last year. That may … [Read more...]
Chandler economic news continues to impress
Chandler Jobs Chandler economic news continues to be rosy with the latest news this week. Chandler continues to be a hotbed of economic growth. A good reason for that could be because of Chandler's city planning, quality of schools, location to Phoenix and the growth friendly government. It was announced in Chandler this week that Walgreens pharmacy will be relocating to the Price Corridor adding 500 new jobs. Walgreens will be moving into a new 60,000 sqft center. The new jobs are reported … [Read more...]
Update on Phoenix condo owners being forced from homes
Last week we told you about Courtney Hoogervorst and her fellow Phoenix Condo homeowners being forced to sell their Phoenix Condo units. Courtney purchased her condo for $93,000 cash last year, has put in over $15,000 in updates and is being forced to sell her unit for less than she has into it. Another thing to take into consideration is the value of most properties in Phoenix has gone up around 9% over the last year. The Buyer and a real estate representative for him have both contacted me. … [Read more...]
Phoenix real estate prices fall: Is this crash 2.0?
Is there a Phoenix real estate market crash happening? The Phoenix real estate numbers just released show closed house sale prices per square foot dropped over the last month, and it is projected they will drop again next month. Does this mean there is a correction coming from the recent run-up in home values? No, that is very unlikely. According to the Cromford Report, the 30 day period ending July 15th, 2017 showed the average price of all home types in the Arizona Regional MLS database … [Read more...]
Introducing Uptown Chandler Arizona
What is Uptown Chandler? Have you seen the new banners along the streets in northeast Chandler recently? If you have driven there in the last 3-4 weeks, you probably have. They have been talking about doing something to brand north Chandler for several years now, and it is finally here. Welcome to Uptown Chandler Arizona. Uptown is located north of Ray Road between Hamilton St. and Alama School Rd heading north to the canal. Uptown is designed to be a focus on the businesses that … [Read more...]
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The Phoenix Real Estate Guy was started by Jay Thompson, and I have a little blogging problem... he liked to say...