Litchfield Park, AZ

Litchfield Park, AZ › Create New Post — WordPress

oconnelylitchfield — Mon, 12 May 2008 16:13:59 +0000

Litchfield Park, AZ › Create New Post — WordPress

1 Reason the housing crisis in over!

oconnelylitchfield — Mon, 12 May 2008 16:12:59 +0000

The daily headlines keep coming fast and furiously in the financial and popular newspapers suggest that the housing crisis is intensifying. Yet it is very likely that April will mark the bottom of the U.S. housing market. Yes, the housing market is bottoming right now. Here in Maricopa County we have had 4 months of positive sales and are currently working on our 5th.
How can this be? To begin with, a bottom does not mean that prices are about to return to the heady days of 2005 at double digit appreciation. That probably won’t happen for another 15-20 years. It just means that the trends show it is no longer getting worse, which is the critical factor.
Most people forget that the current housing bust is nearly three years old. Home sales peaked in July 2005 for most of Maricopa County including Buckeye,Litchfield Park and Peoria.
New home sales are down currently a staggering 63% from peak levels of 1.4 million home sales. Housing starts have fallen more than 50%, and, adjusted for population growth, are back to the levels of 1982.
Furthermore, residential construction is close to 15-year lows at 3.8% of GDP; by the fourth quarter of this year, it will probably hit the lowest levels ever in history. So what’s going to stop the housing decline? Very simply, the same thing that caused the bust: affordability.

Blog Probes Real Estate Models

CityBlogAZ — Sun, 30 Mar 2008 10:05:01 +0000

www.REALonomics.net is a blog that is asking serious questions about where the real estate industry is going. More specifically, REALonomics poses challenges to the broker/owners to adopt models that will allow their organizations to become more transparent.

REALonomics.net advocates that the industry open up the property information portals to consumers and upgrade its approach to how it is interacting with the consumer by implementing more social networking such as www.CityBlogUSA.com, a community blogging network for every city in the USA.

Visit www.REALonomics.net.

Horse Property for Sale near Prescott

CityBlogAZ — Sat, 01 Dec 2007 12:58:32 +0000

Want a great horse property near Prescott, Arizona. Check out the property listed at www.HomeWebPage.com. This is 2,700 square foot, ranch home with wrap around porches situated on nearly 10 acres with irrigated pastures, 3-stall barn and tack room. Fabulous property and priced to sell at $824,500. Get the flyer. Call the owner/agent at 928-777-8100. Email for information.

Hospitals and Physicians

CityBlogAZ — Mon, 28 May 2007 08:38:39 +0000

When someone relocates they often seek information about physicians, specialists, hospitals and other types of health care, such as extended care. Is there a resource in Litchfield Park for health care information?

Community Sports

CityBlogAZ — Mon, 28 May 2007 08:34:51 +0000

Living in Litchfield Park, Arizona is a lot like living in any home town, with local sports being a big part of the lifestyle. Families look for T-Ball, Little League, soccer and of course, junior high and high school sports. What is sport organizations are in Litchfield Park, Arizona? Are their sport opportunities for adults? Is there a parks and recreation department in Litchfield Park?

City Lifestyles

CityBlogAZ — Mon, 28 May 2007 08:30:30 +0000

What are the lifestyle opportunities in and around Litchfield Park, Arizona. Are there hiking clubs, biking trails, civic clubs, golf clubs, local arts and theater, lakes, streams, fishing, boating, camping or other types of lifestyle opportunities?

Condos in Town?

CityBlogAZ — Mon, 28 May 2007 08:26:58 +0000

Are there any condo projects in Litchfield Park, Arizona and are there any that are on golf courses? What is the condo price range? Are there any age restricted condo communities?

Real Estate Companies

CityBlogAZ — Mon, 28 May 2007 08:23:31 +0000

Litchfield Park has a lot of real estate companies. Which one is considered the best company according the Litchfield Park, Arizona residents? Who are the best real estate agents in Litchfield Park, Arizona? Historically, which company has been there the longest? Do any of the real estate companies also have title and mortgage companies?

Foreclosures in Town?

CityBlogAZ — Mon, 28 May 2007 08:20:03 +0000

Can anyone speak to the issue of foreclosures in Litchfield Park, Arizona? Foreclosures are up around the country due to the sub-prime lending practices. Is there any foreclosure impact on real estate in Litchfield Park?