| Search by tag or site | Login to my blog ? Start my own blog |
 |
Millionaire Now! by Larry NusbaumThis blog is based on the organizational principles found in my new book, "Millionaire Now! - A Financial Toolbox with Seven Steps to Wealth". |
Pinal County, Arizona, Fastest-growing Housing Market In U.S.
Posted on 09/12/2007 20:11:49 | Link | Post Comment
Pinal County, Arizona, was the fastest-growing housing market in the nation last year, according to a report released by the U.S. Census Bureau Wednesday. I believe that the next report will show a marked slowdown in both growth and in sales.
Housing units in the Arizona county, part of the Phoenix metro area, jumped by 16.6 percent, or 18,000, in the 12 months ended July 1, 2006.
Three of the top five fastest-growing counties were in Florida, with second-place Sumter, fourth-place Lee, and Flagler County, which had the highest growth rate in the past two years.
Pinal County's neighbor, Maricopa County, added the most housing units, with an increase of 43,000. Placing second was Harris County (Houston), Texas, which added 39,000 units, followed by Clark County (Las Vegas), Nevada, with 38,000.
Out of all counties, two Louisiana parishes lost more than half of their homes, due to the destruction by Hurricane Katrina. Orleans Parish, Louisiana, lost 107,000 units, the largest decline in housing units last year, while St. Bernard Parish had the highest rate of decline, losing 76.2 percent of its homes.
At the state level, Florida added the highest number of homes (273,000), followed by Texas (198,000), and California (181,000). Among the states with the fastest growth rate, four out of five states are in the West: Nevada (4.5 percent), Arizona (3.5 percent), Idaho (3.4 percent), Florida (3.3 percent), and Utah (3.1 percent).
Louisiana was the only state with a drop in housing units, falling by 11,000, or 5.7 percent.
Overall, there were 126.3 million housing units in the United States last year, a 1.4 percent increase from a year earlier. Read entire report HERE
Housing units in the Arizona county, part of the Phoenix metro area, jumped by 16.6 percent, or 18,000, in the 12 months ended July 1, 2006.
Three of the top five fastest-growing counties were in Florida, with second-place Sumter, fourth-place Lee, and Flagler County, which had the highest growth rate in the past two years.
Pinal County's neighbor, Maricopa County, added the most housing units, with an increase of 43,000. Placing second was Harris County (Houston), Texas, which added 39,000 units, followed by Clark County (Las Vegas), Nevada, with 38,000.
Out of all counties, two Louisiana parishes lost more than half of their homes, due to the destruction by Hurricane Katrina. Orleans Parish, Louisiana, lost 107,000 units, the largest decline in housing units last year, while St. Bernard Parish had the highest rate of decline, losing 76.2 percent of its homes.
At the state level, Florida added the highest number of homes (273,000), followed by Texas (198,000), and California (181,000). Among the states with the fastest growth rate, four out of five states are in the West: Nevada (4.5 percent), Arizona (3.5 percent), Idaho (3.4 percent), Florida (3.3 percent), and Utah (3.1 percent).
Louisiana was the only state with a drop in housing units, falling by 11,000, or 5.7 percent.
Overall, there were 126.3 million housing units in the United States last year, a 1.4 percent increase from a year earlier. Read entire report HERE
- How Housing Rescue Bill Can Help You
- Are The Financials Suddenly Cheap? Part III
- Canslim.net Morning Comment And Links (for Traders)
- Are Financials Suddenly Cheap? Part II
- Are Financials Suddenly Cheap?
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- February 2007
- January 2007
- December 2006
- November 2006
- October 2006
- September 2006
- August 2006
- July 2006
- Millionaire Now!
- The 7 Steps to Millionaire Now!
- Build Your Financial Plan
- RETIRE RICH: Survival Guide
- ASSET ALLOCATION MODEL
- THE BIG ROLLOVER IS HERE
- THE END OF THE GRAND SUPERCYCLE?
Examples
Morpheus Trading - Mon Jul 21, 2008 08:33AM
NOTE: Please click on the charts below to enlarge them if [read more]
NOTE: Please click on the charts below to enlarge them if [read more]
Morpheus Trading - Mon Jul 21, 2008 08:31AM
NOTE: Please click on the charts below to enlarge them i [read more]
NOTE: Please click on the charts below to enlarge them i [read more]
Millionaire Now! by Larry Nusbaum - Tue Jul 22, 2008 09:23AM
Hedge funds have made billions this year shorting the banks, [read more]
Hedge funds have made billions this year shorting the banks, [read more]
<< My Home | TheMoneyBlogs Home