Realty Executives Phoenix

The Kirkpatrick Team

CRS, ABR, CSSN, e-Pro, RSPS, SFR, CLHMS, CNE, CSSPE (480) 326-2454

The Kirkpatrick Team

Chris Kirkpatrick
Realty Executives Pinnacle Peak

2018 Phoenix Metro Market Updates

 

Arizona Housing Boom

The article, Metro Phoenix draws homebuyers from LA, Seattle and Denver, from www.azcentral.com, reports that a growing number of people are looking to move to the Valley from Los Angeles, Seattle and Denver, a recent study shows. So many people from those pricier housing markets searched for homes in metro Phoenix this year that the Valley topped a recent list of areas expected to see the biggest inflow of residents from those cities and others. Almost 34 percent of potential homebuyers searching for houses in the Valley live outside the area, national real estate firm Redfin reports.

Who wants to move to Phoenix? About 23 percent of out-of-state buyers looking in Phoenix were from Los Angeles during the first three months of this year. Seattle was the second top spot for out-of-state Valley home shoppers, according to Redfin.The article, Metro Phoenix draws homebuyers from LA, Seattle and Denver, from www.azcentral.com, reports that a growing number of people are looking to move to the Valley from Los Angeles, Seattle and Denver, a recent study shows. #realestate

 

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The article, Home-Equity Wealth Increase in 2017 Was Largest in Four Years, from www.corelogic.com: Home-equity wealth rose more in 2017 than any other year since 2013. The latest CoreLogic Equity Report found that the average homeowner gained about $15,000 in home-equity wealth during 2017, with larger gains in areas that were high-cost and had faster appreciation. It shows Nevada having a $27,000 increase in home equity wealth, and Arizona having a $13,000 increaseClick Here for Full Article!

 

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