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For homeowners, Arizona is the more affordable option. In the Grand Canyon State, 73.5% of homeowners spend less than 30% of their income on housing, compared to 67% in the Sunshine State. The ...
America’s Homeowners’ Associations, or HOAs, are designed to promote community well-being and keep neighborhoods orderly and enjoyable. But in practice, their overly strict rules often go to ...
Owner-occupancy or home-ownership is a form of housing tenure in which a person, called the owner-occupier, owner-occupant, or home owner, owns the home in which they live. [1] The home can be a house , such as a single-family house , an apartment , condominium , or a housing cooperative .
Homeowners have negative equity — also known as being underwater or upside down — when they owe more on their mortgage than their home is worth. For example, if you had an outstanding loan ...
For Sale By Owner (FSBO) refers to the process of selling a home without using a real estate agent. Historically, FSBO transactions accounted for a larger share of the U.S. real estate market, peaking at 20% in 1987 [5].
A homeowner association (or homeowners' association [HOA], sometimes referred to as a property owners' association [POA], common interest development [CID], or homeowner community), is a private, legally-incorporated organization that governs a housing community, collects dues, and sets rules for its residents.
Home prices, as measured by the U.S. National Home Price Index, have gone up 54.3% over the past five years (to April 2024), which has contributed to a rise in property taxes for many homeowners.
View of Main Street. Verrado is a master-planned community located in the city of Buckeye, Arizona, approximately 25 miles (40 km) west of downtown Phoenix.The development, at the base of the White Tank Mountains, is the largest suburban community in Metropolitan Phoenix in which the concept of New Urbanism was utilized. [1]
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