Staying strong since last June, the housing market on the local, state and national level has risen to a 14-year high, despite the pandemic, economic uncertainty and a difficult presidential election. Even during historically slow periods, like the holiday season, homebuyers are quickly purchasing the few homes listed for sale. The shortage of housing inventory and extremely low interest rates have driven the hyperactive real estate market, says long-time realtor Gary Nelson, who heads the … [Read more...] about Real Estate Market Maintaining Momentum in the New Year
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Arizona Leads Nation In Homeownership Growth
Arizona is adding homeowners faster than any state in the nation, a sign of continued growing economic momentum in the state. The state’s quarter-over-quarter homeowner rate change increased by 7.7 percentage points in Q2 2020, according to data from the U.S. Census Bureau, the best in the nation.“The American dream of owning a home is alive and well in Arizona,” said Governor Ducey. “People continue to flock to Arizona for our growing jobs market, unbeatable quality of living, and affordable … [Read more...] about Arizona Leads Nation In Homeownership Growth