Showing posts with label mini-housing boom. Show all posts
Showing posts with label mini-housing boom. Show all posts

Wednesday, July 15, 2009

It's Heating Up!



And the heatwave continues! As far out as the forecasters can see -- 110 and up. Hotter than a $2 pistol on the Fourth of July! Hotter than a June bride in a feather bed! Hotter than Paris Hilton's underpants! Too hot to even rain! The dry heat evaporates the clouds as they move into the valley.

But it's not just the temps. The housing market is also heating up around here! That's the good news! We've got a mini-building boom right here in our neighborhood! They've sold 38 new homes and they're just busy as bees. We saw some subs laying out a foundation the other night at 7:30 p.m., and I'm hearing the rumble of concrete trucks once again in the wee hours. When it's this hot, they pour foundations at 3 and 4 a.m.

Our neighborhood is benefitting from the fact that this development is one of the few in this area that hasn't gone belly up! So people are coming here to buy! The builder finally released some of the view lots they've been holding back hoping to get more for them when the prices go up. I think they finally came to the conclusion that they need the sales too much to sit on prime lots.

On the news tonight, they said area home prices have gone up .9% this past month here in the Phoenix metro. At first I thought they said 9 percent and I almost fainted. Ha! Extremely miniscule in relation to how much prices have dropped in the last two years, but I'll take it! Maybe we're seeing light at the end of the tunnel?

I snapped this one photo at dusk the other night. It's too dang hot to take photos during the day!