First-time homebuyer rebate expires April 30
When the clock strikes twelve on Friday night, a key incentive driving Valley new-home sales will go the way of Cinderella’s horse-drawn carriage.
A federal income-tax rebate of up to $8,000 for first-time homebuyers, and a later-approved rebate of up to $6,500 for some repeat buyers, no longer will be in [...]
Gilbert, Queen Creek Housing Permits Spike
Gilbert and Queen Creek saw big upward spikes in the number of single-family housing permits issued in the first two months of 2010, in large part due to tax credits that end Friday.
Gilbert’s 260 permits during the first two months of the year were up dramatically over 81 during the [...]
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The Phoenix Valley’s priciest home sales In February 2010
The chief executive officer of a global sports management corporation, an orthodontist, a radiologist and a Canadian homebuilder are among the buyers and sellers in this week’s priciest home sales. $3,950,000.
Paradise Valley Properties LLC, a Florida limited-liability company whose managing members are Thomas J. Gast and [...]
Significant drop in Phoenix AZ pre-foreclosures posted in January, raising hopes for positive trend
January’s significant drop in pre-foreclosures is the indicator many metropolitan Phoenix housing-market watchers have been anxiously looking for during the past several months.
For the first time since November 2008, the monthly tally of Valley homeowners to fall behind on their mortgages and [...]
Arizona Housing Meeting
National and regional real estate analysts and economists gather Thursday for Urban Land Arizona’s annual conference to discuss prospects for metropolitan Phoenix’s housing market its possible recovery.
Important issues to be addressed include the region’s foreclosure problem, the future of home building, financing issues and population growth.
Last year, the consensus [...]