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Monday
Apr302012

Paradise Valley, Arizona Santa Barbara Remodel-JKD Building Group

Todd Deniger, president of JKD Building Group and host of the Scottsdale Custom Home Builder Network takes you on a tour of a Paradise Valley, Santa Barbara remodel. This video focuses on the dramatic transformation of the backyard pool, cabana and barbecue areas.

JKD Building Group
480-443-0021

Email:jkdbldg@cox.net

Wednesday
Apr182012

Scottsdale Custom Home Builder Network "Arcadia Dream Home"

This Arcadia, Phoenix masterpiece further showcases the innovative, construction style of JKD Building Group in Scottsdale/Paradise Valley, Arizona.

 

 

 

 

 

 

 

 

Tuesday
Apr172012

Phoenix metro home builders busy again

The Scottsdale Custom Home Builder Network interviews R.L. Brown....publisher of the "Phoenix Housing Market Letter," a monthly newsletter tracking homebuilding.

Brown says.."There's no question the new home market is finally on its way back."

Read more at AZCentral

Sunday
Apr012012

Real estate report says Phoenix area improving

THE ASSOCIATED PRESS March 28, 2012, 12:08PM ET

A new report from Arizona State University says the Phoenix-area housing market is continuing to improve from last year, with a shrinking supply of available homes.

Researchers from the W. P. Carey School of Business say that, as of last month, the housing supply has decreased 42 percent from the same month last year in Maricopa and Pinal counties.

Their report also says that foreclosures have fallen by 52 percent since February 2011, and the median-price for a single family home in metropolitan Phoenix has increased from $115,000 to $124,500. That's up more than 8 percent from last year.

The report's author, Mike Orr, says foreclosures and short sales still make up about 20 percent of all sales in the market.

Wednesday
Mar142012

(WSJ) Rise in Phoenix Housing Shows Path for Other Cities

PHOENIX—As home prices continue to drop in most cities, a nascent real-estate rebound here holds lessons for the rest of the country.

This sprawling desert metropolis was one of the hardest hit housing markets during the bust. Phoenix home prices declined 55% from 2006 through the end of 2011, and Arizona's foreclosure rate jumped to No. 3 in the nation in 2009. Hundreds of thousands of homeowners are underwater, meaning they owe more than their homes are worth.

Now real-estate economists across the country are studying an early but surprisingly broad Phoenix turnaround. The sharp drop in home prices has brought new buyers into the market. Unlike other markets where housing recoveries have been snuffed out by big overhangs of homes for sale and foreclosed properties, inventories are lean here.

"Phoenix has hit a bottom," says Thomas Lawler, an independent housing economist who was one of the first to warn six years ago that prices in overbuilt metros were poised to fall.

The nation's hard-hit housing markets face a tough act: engineering a housing recovery without traditional trade-up buyers, many of whom are either unwilling or unable to sell because of huge price declines.

Read more at the Wall Street Journal