The Cromford® Market Index for the single family markets in the largest 17 cities moved over the past month as follows:
Not a bad looking chart for sellers, though it should be pointed out that most of the good news is packed into Phoenix, Chandler, Tempe and Gilbert. Only the top 8 can be considered seller's markets with another 8 in a balance between buyers and sellers.
The West Valley has not moved much in either direction with Peoria showing the most deterioration and Surprise the biggest improvement.
The unhappiest sellers can be found in Maricopa which is now far adrift at the bottom of table just as Avondale is way out in front at the top.
February 1st - The census permit counts are a bit late this month but we finally have them for the month of December and therefore the whole of 2015.
There were 1,433 single-family permits issued across Maricopa and Pinal counties, a strong number for December, bringing the 2015 annual total to 16,768. This is up 43% from 2014 and far higher than almost anyone expected at the start of last year. Nevertheless it is still a long way below the numbers throughout the period 1996-2007, when the minimum annual total was 25,352 (2007) and the maximum 55,858 (2004).
Ranking the various permit issuing authorities by the number of permits issued in 2015 we get:
Dave Zajdzinski and the Z TEAM bring over 15 years of real estate experience to home buyers and sellers throughout Arizona. We have helped hundreds of families meet their real estate goals and Dave is consistently ranked one of the top realtors in the Valley. As a Certified Distressed Property Expert, Dave specializes in short sale transactions as well as traditional home sales. The Z TEAM is small enough to be personal throughout your sale yet large enough to handle any need with great detail.
Another S&P/Case-Shiller® Home Price Index® report has been released
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