real estate

KNAU and Arizona News
5:00 am
Thu January 8, 2015

Local Realtors Welcome Loosening of Federal Mortgage Standards

President Obama will speak this morning in Phoenix. One topic he’s expected to cover is the federal government’s easing of some mortgage restrictions in order to boost the nation’s housing market. As Arizona Public Radio’s Ryan Heinsius reports, northern Arizona has seen a healthy increase in recent years in home buying.

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State Capitol News
10:20 am
Fri October 5, 2012

Economists: Be Wary of Strong Housing Market in Phoenix

The truth about

Homeowners happy with the current double-digit increases in values should be warned: There could be a bubble. And bubble can go 'pop.'

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State Capitol News
9:41 am
Thu May 24, 2012

AZ Home Sales Up

Lots of houses for sale
the truth about

A new report today paints a mixed picture of home values in the state. 

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KNAU and Arizona News
4:00 am
Tue May 8, 2012

Phoenix Housing Market Undeniably Up

Ken Peterson is a vice president for Shea Homes, where sales are up almost 60 percent from last year.
Peter O'Dowd KJZZ

Here's a turnaround worth noting: The housing market in Phoenix is emerging from a historic slumber. Foreclosures are down, and new home sales are re-energizing the market -- up 35 percent from a year ago.

Let's get down to street level, shall we? How 'bout Ravenswood Drive near Gilbert's eastern edge.

Ken Peterson is a Vice President for Shea Homes. We're in a development called Spaces. And listen to this, air compressors and nail guns all around us.

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