by Bryan Watkins | Jun 4, 2023
Phoenix Metro has emerged as a thriving real estate market in recent years, attracting investors and homebuyers with its vibrant economy and desirable lifestyle. However, as with any market, there are inherent risks that need to be carefully considered. In this...
by LRA Real Estate Group | Jul 7, 2018
The Median Home Prices are inching UP↑ in Metro Phoenix! The report for May 2018 shows the Median Home Price now exceeds $263k, up from a 5-yr average of $226k. The big reason? Supply and Demand, of course! (We don’t even need to consult an ‘Idiot’s...
by LRA Real Estate Group | Dec 6, 2012
Shift Among Apt. Renters from Suburbs to CBD Paying Dividends for Landlords and Investors courtesy of Costar, By Randyl Drummer December 5, 2012 Stubbornly high gas prices and gridlocked freeways have compelled younger workers and retiring Baby Boomers to rethink the...
by LRA Real Estate Group | Oct 7, 2011
The research department at Light Rail Advisors has just released the current real estate market report for the Phoenix Metro area. This data and graphical report presents the current snapshot of real estate activity within .25 miles of each light rail station. If you...
by LRA Real Estate Group | May 29, 2011
Foreclosures selling faster here than in other areas by Catherine Reagor – May. 28, 2011 The Arizona Republic Metro Phoenix has a “shadow inventory” of nearly 100,000 homes, the kind that market watchers sometimes fear could flood the region’s...
by LRA Real Estate Group | May 19, 2011
by Catherine Reagor – May. 19, 2011 The Arizona Republic Metro Phoenix’s homebuilding market is on the second step of a five-phase recovery process, according to one of the nation’s top housing analysts. During a Wednesday Urban Land Institute panel...
by LRA Real Estate Group | Feb 8, 2011
S MITRA KALITA Wall Street Journal Bargain Hunting Boosts Prices in Depressed Cities Buyers in markets around the U.S. are snapping up homes in all-cash deals, betting that prices are at or near bottom and breathing life into some of the nation’s most battered...
by LRA Real Estate Group | Feb 4, 2011
By BRETT ARENDS Wall Street Journal, 2/4/2011 View Full Image Associated PressHundreds of cars are were stranded on Lake Shore Drive earlier this week in Chicago. Will this drive boomers to live somewhere cheaper? It might. And that may also be a case for looking...
by LRA Real Estate Group | Feb 3, 2011
S&P: Slower liquidation rates to blame By Inman News Inman News™ February 02, 2011 It may take more than four years to clear the “shadow inventory” of distressed homes lurking on the sidelines in the U.S., a factor that’s likely to...