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December 2014 Archives

Fewer first-time home buyers flattens housing market numbers


Phoenix's real property sales have taken a shift over the past couple of years, resulting in lower market numbers now. After the housing crash it appears as if the Valley's housing market has stabilized. Median single-family home sales increased in price only 4 percent from last year. The region has seen a small increase in investor-related business and new home sales, but demand in the market still remains low-down 5 percent from last year.

Material defect claims may not be as inclusive as you think


A home's history may not be as open and honest as you think. While regulations apply to require disclosure of certain material defects in a home, what qualifies as a defect may vary according by the state.

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