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Prudential Arizona’s Real Estate News

Home Prices Rebounding With Low Mortgage Rates

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by jeannaortiz on September 14, 2012

Over the course of several months, home prices in many markets have been rebounding with the consistent level of low mortgage rates. The National Association of Realtors data has shown five consecutive months of home price increases through July 2012. This past week, the S&P/Case-Shiller National Home Price Index showed a 1.2% increase during the [...]

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Move For Hunger letter from Congressman David Schweikert

August 3, 2012
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Record Low Mortgage Rates Improve Housing Market Confidence

July 20, 2012

As record low mortgage rates continue to remain stable, housing market confidence amongst American consumers has shown improvement even as optimism in the overall economy and personal finances has stalled.  According to Fannie Mae’s June 2012 National Housing Survey, both home prices and mortgage rates are the factors producing this positive sentiment towards housing with [...]

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ASU grad lands Prudential to sponsor food collection nonprofit

July 6, 2012

An Arizona State University  graduate’s nonprofit business aimed at feeding the hungry has received its largest real estate sponsor. Prudential Americana Group Realtors donated $5,000 to Neptune, N.J.-based Move for Hunger, founded by ASU graduate Adam Lowy, and plans to use its network of 2,000 sales executives in Nevada and Arizona to help the nonprofit bring [...]

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Vacation Home Market

July 2, 2012

Are you in the market to buy a vacation home? If so, you’re not alone. There is a ripe and ready segment of today’s market that is geared up for taking advantage of today’s favorable buying conditions. According to the latest National Association of Realtors Investment and Vacation Home Buyers Survey, vacation-home sales rose 7.0 [...]

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Prudential real estate offices pull together for food charity

June 15, 2012

Prudential Americana Group and Prudential Arizona Properties, both part of the Americana Cos., have joined the fight to combat hunger nationwide.  Both companies have become partners with Move For Hunger, a nationwide organization that helps people who are moving donate their nonperishable food to those in need.Americana Cos., which has large relocation operations in Nevada [...]

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Housing Market Bottoming Out? Renting Market Accelerating

May 25, 2012

Are we really poised for a recovery in the housing market? The latest encouraging words from the U.S. Conference Board’s Demand Institute Division are that we are heading for a rapidly accelerating rental market which will lead to a housing recovery.While the American dream of homeownership is still an unending quest, the size of home [...]

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Which Housing Style Is Right For You?

April 27, 2012

Shopping for a home is an exciting experience but there are many things to consider, starting with the fundamental question: which housing style is right for you? You might be thinking, I want to own my own home which translates in your mind to a single- or double- story house. However, your finances, where you [...]

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Real Estate Outlook: Vacation Sales Surge

April 13, 2012

According to the National Association of Realtors’ 2012 Investment and Vacation Home Buyers Survey, there was a surge in sales of both investment and vacation homes in 2011. NAR Chief Economist Lawrence Yun said investors with cash took advantage of market conditions in 2011. “During the past year investors have been swooping into the market to [...]

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Homeownership Possible Within Three Years After Foreclosure

February 17, 2012

Losing your home can be devastating to your credit, not to mention your psyche, but you can buy again within as few as three years after a foreclosure or short sale. It’s not surprising when you lose your home you also lose some self-esteem, especially if your were raised in a culture that sees homeownership [...]

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