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More Good News for Housing

    In recent years, the real estate market has been a constant, grim reminder of our sluggish economy, but current trends confirm that the worst is behind us. According to data released this week in the Standard & Poors/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, 20 of the largest metropolitan …

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NEWS: Housing Market Becomes Key Economic Driver

After many years of dismal headlines and harsh news, the real estate market is gaining even more ground, now being dubbed a key economic driver as other sectors are seeing more significant slowing. According to the Wall Street Journal, an improving housing market is giving the nation’s economy it’s largest boost since the market boom– and Maracay Homes is …

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Industry Update: A Market On The Mend

Evidence continues to mount that Phoenix’s residential real estate market is on the mend, but experts are taking a wait-and-see approach before calling 2012 the year of the recovery just yet. No doubt, the market’s performance in the first half of the year produced encouraging news. According to the S&P/Case-Shiller Home Price Indices, Phoenix topped the …

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How Phoenix Serves as the Nation’s Barometer

In what seems to be an ever-evolving story, real estate news headlines flood our feeds daily, presenting varied and sometimes conflicting perspectives. Fortunately for us, as a Weyerhauser Real Estate Company (WRECO) homebuilder, Maracay has access to some of the top experts in the field, who help us – and, consequently, our buyers — make sense of it …

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Industry Update: Rising New Home Sales

After a 5-year estrangement, U.S. homebuilders are becoming reacquainted with an old friend: confidence. According to information from the National Association of Home Builders, builder confidence in the market for newly constructed, single-family homes rose six points to 35 on the NAHB/Wells Fargo Housing Market Index for July. It was the largest one-month gain the …

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