Itzhak Perlman, the master violinist, chats with guest host Mike Pesca and plays our game.
Arizona Home Sales Down 13 Percent
The latest home sales report released Tuesday morning by RealtyTrac, shows a 2 percent increase in annualized sales from October and a 13 percent hike in sales from October of last year, but Arizona bucked the national trend with a sales decline of 13 percent from a year earlier, according to RealtyTrac Vice President Daren Blomquist. And, he said investors are continuing to pull out of the
“Despite that pull-down in investor activity, home prices are continuing to go up even by double digits,” Blomquist said.
He said median home prices were up 18 percent last month to $165,000. He said it is a good sign that the market is able to stand on its own two feet, even without heavy investor influence.