Selling AZ With Rebecca

Monday, March 25, 2013

7 Metros With Fastest Rising List Prices--Does Your City Make This List?!

DAILY REAL ESTATE NEWS | MONDAY, MARCH 25, 2013

Nationwide, median asking prices continue to rise, reaching $189,900 in February. Meanwhile, inventories of for-sale homes on the market are reaching record lows, Realtor.com reports in its latest analysis of February MLS data.

The markets seeing some of the largest increases in asking prices are the areas seeing some of the largest declines in inventories. California housing markets continue to post some of the largest price increases in the past year, but other strong performing markets also include Phoenix, Seattle, and Denver.

The following are the seven metros that have seen the largest increases in median asking prices in the past year:

Sacramento, Calif.

Median list price: $279,900
Year-over-year increase: 40.30%

Santa Barbara-Santa Maria-Lompoc, Calif.

Median list price: $689,950
Year-over-year increase: 38.01%

Oakland, Calif.

Median list price: $419,000
Year-over-year increase: 30.93%

San Jose, Calif.

Median list price: $607,000
Year-over-year increase: 29.45%

San Francisco

Median list price: $769,000
Year-over-year increase: 25.71%

Phoenix-Mesa, Ariz.

Median list price: $218,000
Year-over-year increase: 24.64%

Fresno, Calif.

Median list price: $188,900
Year-over-year increase: 21.87%

Source: Realtor.com

http://realtormag.realtor.org/daily-news/2013/03/25/7-metros-fastest-rising-list-prices

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Friday, March 22, 2013

Very Nice, Spacious Home!!!

Beautiful, Custom Home--Don't Miss This!!!

Great Investment Opportunity

Study: Buying a Home Is 44% Cheaper Than Renting

DAILY REAL ESTATE NEWS | FRIDAY, MARCH 22, 2013

The recent rises in asking prices has been outpacing the increases in rents, but home buying still may make more financial sense, a new study shows. Owning a house was found to be 44 percent cheaper than renting, according to the latest study from Trulia that compared the costs of the two.

The study found that owning is less than half the cost of renting in 46 of the 100 largest metros. “Buying a home is cheaper than renting in all of the 100 largest metro areas,” according to Trulia.

Falling mortgage rates are helping to keep home buying more affordable. But depending on where you live, the difference between owning versus renting can be big or small. For example, in San Francisco, home ownership was found to be 19 percent cheaper than renting, whereas in Detroit owning a house is 70 percent cheaper than renting.

The following are places where home purchases exceed renting by the highest amounts:

Detroit
Dayton, Ohio
Gary, Ind.
Cleveland, Ohio
Warren-Troy-Farmington Hills, Mich.
Toledo, Ohio
Memphis, Tenn.-Miss.-Ark.
Kansas City, Mo.-Kan.
Birmingham, Ala.
Indianapolis

Source: Trulia Trends

http://realtormag.realtor.org/daily-news/2013/03/22/study-buying-home-44-cheaper-renting

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Thursday, March 21, 2013

Custom Home of Your Dreams w/o The Hassle of Building!!!

29094 N. Bryce Trl. 85142
$419,900

Bonanza Highlands

This beautiful functional single level Spanish style home on 4+Acres is AMAZING.Open floor plan with Many upgrades is a dream come true.Kitchen boost of convection ovens, vegetable sink, with a great Spanish back splash&concrete counters.If the kitchen don't win you over,the fireplace in the family room is a great focus point.

MLS Number: 4891180

Property Type: Acreage

Bedrooms: 4

Bathrooms: 2.5

Square Footage: 3,146/174,676

Location: Queen Creek, AZ

Year Built: 2004

RE/MAX Property Shop
Rebecca Kallhoff

Associate
480-275-9566 (Mobile)

http://www.sellingazwithrebecca.com

Each Office Independently Owned and Operated

RE/MAX Property Shop
22036 S Ellsworth Rd
Queen Creek, AZ 85142

Nearly New Home W/O The New Home Price!!!

1353 E. Poncho Ln.
$129,900

Rancho Bella Vista's Best!

This home boast of open floor plan, vaulted ceilings, large kitchen, and much more. This home sits on a corner lot. Wonderful backyard landscaping, with grass area curbed, wonderful mature trees, and shrubs, and fruit trees. Extended patio and concrete. Maple cabinets are a nice touch to the large kitchen. Huge closets through.

MLS Number: 4822338

Property Type: Single Family