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Here’s a quick look at the latest statistics. April showed another month of positive gains for metro Phoenix’s housing market. The region’s median monthly resale home price climbed to $138,325,from $131,000 in March, according to Tom Ruff’s analysis with AZbidder and Information Market.In October, the median was $115,000. Last month, there were 8,552 home sa […]

Here’s a chance for homebuyers to not be outbid by investors and get a house for $20. The Capitol Mall Association is raffling off two homes, one in south Phoenix and the other in west Phoenix. Tickets are going for $20 apiece or six for $100, and the houses are renovated and ready to move into.   “These are great houses. Anybody who can get one for $20 will […]

The rebound of metro Phoenix’s new home market continues to build. New home permits were up 61 percent in the region during March, accord to the latest Phoenix Housing Market Letter. The increase is more staggering than the actual numbers, but still it signals “evidence of a new housing rebound,” according the report’s publishers RL Brown and Greg Burger. In […]

 The Arizona Housing Alliance, made up of  leaders in the housing industry, is considering legal action to stop a proposed $50 million sweep from the mortgage settlement fund to balance the state's budget.    Arizona received a payment of $97.7 million to a mortgage settlement fund as part of a settlement reached by 49 states and the country’s five larg […]

Scams to try to cash in on the $25 billion settlement with the nation’s largest lenders have already begun, and the deal was finalized just last month. The Arizona Attorney General is warning consumers to watch out for companies contacting them about the settlement. People who are eligible for part of the settlement will be contacted directly by one of the f […]