Builder confidence rose 1 point to 63 in April in the monthly National Association of Home Builders/Wells Fargo Housing Market Index. It hit a 2018 high of 70 in May.Sentiment has remained in the
After 2 Full Weeks Of 2019
January 16 - After 2 full weeks it is fair to compare closed sales counts with the same 2 weeks last year.
Across Greater Phoenix for all dwelling types we have seen 1,980 closings, down 14% from 2018.
By price range the changes are:
Under $250K - down 25.2% from 1,186 to 887
Between $250K and $500K - down 3.9% from 893 to 858
Between $500K and $1M - up 7.9% from 178 to 192
Over $1M - down 18.9% from 53 to 43
The range between $500K and $1M has been relatively strong.
The range over $3M was particularly weak with closings dropping from 7 to 3.
Chad grew up in the Phoenix area, and can't imagine living anywhere else. After working in finance for 6 years, he decided to make the move to real estate in late 2004. Real Estate runs in his family,....
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