Analysts Predict Ongoing Improvement for Housing in 2015

improvement

I’ve been feeling bullish about the local market in Prescott for the last year or so, but here is some validation of the national picture. With only weeks left before 2014 comes to a close, many economic commentators are already looking to what next year could bring—including Frank Nothaft and Len Kiefer, chief economist and […]

Prescott Home prices climb – time on market down 20 percent from 2013

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Tom Scanlon The Daily Courier Home prices are continuing the year-long trend around Yavapai County: rising, moderately but consistently. According to Pamela Pearsall, the county assessor, single-family home price sales through September had a median price of $238,000, up 7 percent from the $222,000 in 2013. The year-to-date median price for Yavapai County home sales […]

Housing Report: Spring Expected to See Increased Growth from Q1

Growth

Following a slowdown in activity over the previous two quarters, Fannie Mae’s Economic & Strategic Research Group expects economic activity to pick up in the second quarter of this year, bolstered by increases in the housing sector, consumer spending, and business investment. Fannie Mae expects economic growth in the first quarter to come in around […]

Before You Buy a Foreclosure Property, Do Your Homework!

Online tools allow you to evaluate potential purchases from the comfort of your home By Rick Sharga, Vice President of Marketing for RealtyTrac There are two words that give pause to the most motivated real estate buyer or investor, especially during the busy holiday season: property research. In the past, property research equated to extensive […]