Eye On Arizona
Arizona Housing, Travel, Golf, Real Estate
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Archive for March, 2009
Top States in Home Price Appreciation
By: Ann Belfield
Many of these “winners” were on the side lines during Arizona’s real estate boom. During the boom time many were green with envy when they viewed the news and saw the exponential growth in home appreciation the boom states, like Arizona, were experiencing. Now they are no longer on the sidelines. Now, they are reaping their conservatorship and enjoying the steady appreciation their market is presently experiencing amongst the turmoil that is executed in the boom states.
Top States in Home Price Growth
(12 months: 2008)
1: West Virginia
5.69%
2: North Dakota
4.04%
3: New York
3.05%
4: South Dakota
2.14%
5: Vermont
1.86%
6: Texas
1.83%
7: Iowa
0.28%
Source: First American Core Logic: Loan Performance HPI
Arizona Ranked as One of the Happiest States in the U.S.
By: Ann Belfield:
Based on a survey by Gallup, Healthways and America’s Health Insurance Plans, Arizona is ranked among the top Ten Happiest States. The survey interviewed 350,000 Americans, analyzing their mental, physical and economic health, placing Arizona tenth overall.
The sun sure can cheer people up and make them feel happier. Cheers to AZ!!!
Top Ten Happiest States in the U.S.
1: Utah
2: Hawaii
3: Wyoming
4: Colorado
5: Minnesota
6: Maryland
7: Washington
8: Massachusetts
9: California
10: Arizona
Source: America’s Health Insurance. 16 March 2009.
Snap Shot: Queen Creek Newer Housing Under $100,000 in Phoenix Metro
By: Ann Belfield
Queen Creek, located approximately 40 miles Southeast of Phoenix, offers bargain homes under 100k, up to 2,788 square feet. The following table consists of properties in the three main zip code zones of Queen Creek and displays statistics on Newer Homes built since 1993.
Snap Shot Analysis of Median Prices of Newer Homes
(Built Since 1993) in Queen Creek Priced Under $100,000
85242*
85240
85243
# of Listings
Median
# of Listings
Median
# of Listings
Median
Active
87
$85,959
111
$88,279
210
$82,800
Pending
60
$85,452
87
$88,952
132
$82,441
Closed
(since 1/1/09)
85
$85,552
44
$87,043
150
$78,945
Overall Avg Sq.Ft.
1,698
1,641
$1,713
Sold Price/SF
$ 51.66
$54.39
$ 49.17
* Zip is in the Incorporated City Boundaries
Source: Arizona FlexMLS. 15 March 2009.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS or eyeonAZ.com
If you are interested in receiving property updates of homes under 100k in the Phoenix area, click here and you will be emailed updates.
Fun Events to Explore In Phoenix: Weekend of March 13th
By:Ann Belfield
Phoenix: 26th Annual St. Patrick’s Day Parade & Faire, Saturday, March 14th at 10am. The parade begins at 3rd Street and Sheridan, in front of St. Mary’s High School, proceeds south down 3rd Street at Moreland, just before Margaret T. Hance Park, where the Grand Irish Faire will be held. Events continue from 10am – 4:10pm. For a list of events, click here.Valley of the Sun Goes Green on March 13th & 14th. On Friday, March 13th and Saturday, March 14th, the Phoenix Convention Center features the BIG Southwest Build-It-Green Expo. The convention is anticipated to have over 500 exhibitors that include: building and construction products, architectural and engineering services, various governmental, non-profit, and private green programs, waste management, renewable energy, transportation, furnishings, landscaping, consumer goods and HVAC & AC companies. Green educational programs will be held throughout each day.
Fountain Hills: St. Patrick’s Day Celebration Saturday, March 14th from 10:30am-6:30pm. At 12:00 watch the fountain turn GREEN. Click here for more info and directions to the event.
Tempe: St. Patty’s Day 8k & 1 Mile Fun Run/Walk, March 1 5th at 7:30am. Location: Sister City Garden Area on All American Way. Registration Begins at 6:30am. For more info click here.
Scottsdale: St. Patrick’s Day 4 Mile Run/Walk, March 14th at 5pm. This run takes place in good ole’ Old Town Scottsdale on the Arizona Canal between 56th St and Goldwater. Register & pick up your race packet at 3pm. For more info, click here.
Top 10 States that are Losers in Home Price Appreciation
By: Ann Belfield:
Top 10 States that are Losers in Home Price Appreciation
It was not too long ago that many of the states that are listed as the Top Losers in House Price Growth, were the envy of states that were not experiencing double digit growth during the real estate boom. Here are the top ten losers, beginning with the greatest home price appreciation loser: California, experiencing a loss of over 26%, followed closely behind by Nevada, 26.46% decrease, and Arizona, with a 21.14% decrease.
Top Losers in
House Price Growth
(12 months: 2008)
1: California
-26.9%
2: Nevada
-26.46
3: Arizona
-21.14%
4: Florida
-19.52%
5: Rhode Island
-19.02%
6: Hawaii
-11.11%
7: Washington
-10.85%
8: Minnesota
-10.11%
9: New Hampshire
-10.09%
10: Oregon
-9.85%
Source: First American Core Logic: Loan Performance HPI
