Jan 3rd 2011 11:44AM
We all know that Phoenix real estate has taken one of the hardest beatings in the nation. Now new data is emerging that may indicate the dreaded double dip. The Arizona Regional Multiple Listing Service index, based on pending purchase agreements, shows Phoenix home prices hit a new record low of $115,000... Continue Reading »
Jul 9th 2010 11:01AM
Need more evidence that now is a great time to buy a home? International buyers are snatching up U.S. real estate at a rapid clip, according to the National Association of Realtors. For the year ending in March, foreign residents accounted for 7 percent of residential real estate sales in the U.S. The most buyers are... Continue Reading »
May 11th 2010 3:00PM
The number of homes with negative equity -- when a homeowner owes more on it than its worth -- took a tiny tumble this month, according to CoreLogic. Homes in negative territory still make up 24 percent of all residential properties with a mortgage, but the number fell by 100,000: From 11.3 million to 11.2 million.... Continue Reading »
