Phoenix Will Be One of The Top Housing Markets in 2019
Posted by admin on Dec 17, 2018 in Bobs Blog | 2 comments
Trulia just announced that based on their research Phoenix will be one of the top housing markets to watch in 2019. The study examined several metrics, including job growth over the past year, housing vacancy rates, starter home affordability, and the percentage of the population under the age of 35, and Phoenix ranked seventh....
How Is Phoenix Affected By Lack of Affordable Housing
Posted by admin on Nov 2, 2018 in Bobs Blog | 0 comments
In the last month I have read a few real estate journals talking about the lack of affordable housing. In many large metropolitan areas, the problem has become so dire that some cities are addressing the problem by creating a form of urban renewal. We are lucky in Phoenix, our housing stock is still within the grasp of families...
What Does the Proposed Tax Change Mean for the Real Estate Industry
Posted by admin on Dec 4, 2017 in Bobs Blog | 0 comments
If you own an investment home, you likely view real estate differently than most folks. Owning residential rental property is part of your long term investment strategy. Most people purchase real estate for their personal needs; a shelter for themselves and their family. As a result of your investment, you may be more aware of...
Finding Non-Filtered Information To Help Meet Your Financial Goals
Posted by admin on Nov 3, 2017 in Bobs Blog | 0 comments
It seems as if another analysis appears every day, explaining recent trends in housing based on reports from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development or the National Association of Realtors. What is unfortunate about using some of this data is that it derived from sample surveys instead of...
How Will a Shift in Rebuilding Communities Affect the Housing Market?
Posted by admin on Oct 4, 2017 in Bobs Blog | 0 comments
Living in the Phoenix area for essentially all of my life, I can’t imagine the destructive powers of hurricanes. Witnessing the tragic images of the ravages of Harvey, and then Irma, and finally Maria breaks my heart. Housing for all us is almost a primal need, a sanctuary from everything except our families. Because of...
Hurricane Harvey and the Seasonal Slow Down in Home Sales
Posted by admin on Sep 6, 2017 in Bobs Blog | 0 comments
As we all work through and try to process the damage and devastation caused by Hurricane Harvey, it has not taken economists long to calculate and predict how other real estate markets will be affected. In a basic supply and demand model, material and labor are now in greater demand than ten days ago – supply stayed the same...