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New Home Buyers Look to Desert Ridge Area

Written on May 20, 2013 by Bob Hertzog in Buyers, Desert Ridge Phoenix, Realtors, Sellers

Just a few years ago, the number of new homes being sold and built declined sharply due to a collapsed housing market. Arizona was high on the list for areas that new home sales had slowed to a trickle. Times have changed, and the Desert Ridge area is no exception. Over the past few months,…

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Kierland Housing in High Demand, Short Supply

Over the course of the last six months, homes in the Kierland area have both seen an increase in prices and a decrease in inventory. To many, it is a welcome sign of a positive market returning. While there are many draws to the area, some people cannot help but to question if we are…

Will Phoenix Housing Inventory Shortages Ease Anytime Soon?

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Phoenix Tops List of Cities Where Home Prices Are Soaring

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There’s Good News for Phoenix Home Prices

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Is Another Desert Ridge Housing Boom on the Way?

Desert Ridge home owners endured years of lackluster news about the local real estate market, but some believe that another Phoenix housing boom could be on the way. The market is continuing to recover, with Phoenix home prices rising and fewer and fewer home owners experiencing negative equity situations. While the pace of building might…

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Mortgage Balances in Arizona are Slashed by $1.68 Billion

A recent report issued indicates that Arizona mortgage balances have been slashed by $1.68 billion by five of the country’s biggest banks. Ally Financial Inc., Bank of America Corp., Citigroup Inc., JPMorgan Chase & Co., and Wells Fargo & Co. have cut loan balances dramatically for struggling home owners. Thus far, 22,292 Arizona and Phoenix…

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