Monday,
May 5, 2013
Phoenix
housing prices up 30% in past year
Metro Phoenix kicked off the bustling home-buying season with another big price surge while the local supply problem worsened, according a report released Friday from ASU. In March, single-family homes saw prices climb by nearly 30% year-over-year in March to $175,000 - a 3% increase from the previous month. Slightly less than 12,000 active single-family listings that were not under contract on April 1. Only 20% of those active listings on April 1 were priced below $150,000. That's a 29-day supply versus a 39-day supply in March.
Read article - Phoenix Business Journal
Metro Phoenix kicked off the bustling home-buying season with another big price surge while the local supply problem worsened, according a report released Friday from ASU. In March, single-family homes saw prices climb by nearly 30% year-over-year in March to $175,000 - a 3% increase from the previous month. Slightly less than 12,000 active single-family listings that were not under contract on April 1. Only 20% of those active listings on April 1 were priced below $150,000. That's a 29-day supply versus a 39-day supply in March.
Read article - Phoenix Business Journal
One
Fifth of New Homes Are Green
According to McGraw Hill Construction, 29% of homes built last year were green. That figure is slated to rise to between 29% and 38% by 2016. Most large builders have made energy-efficient home construction a standard practice, and federal tax credits for such components as insulation and geothermal heat pumps have helped green housing go mainstream. Studies show that homeowners reap the benefits of energy efficiency when they sell their homes.
Read article - Realtor Magazine
According to McGraw Hill Construction, 29% of homes built last year were green. That figure is slated to rise to between 29% and 38% by 2016. Most large builders have made energy-efficient home construction a standard practice, and federal tax credits for such components as insulation and geothermal heat pumps have helped green housing go mainstream. Studies show that homeowners reap the benefits of energy efficiency when they sell their homes.
Read article - Realtor Magazine
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