Real Estate Information


TEAM Lee Moore


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Hi Lee,

As I am sure that you are aware, RE/MAX is a national partner with Children’s Miracle Network Hospitals and has been raising funds for your local hospital, Phoenix Children's Hospital, since 1992.  This year is the 25th anniversary of this partnership and RE/MAX is dedicated to make this the best year yet.  August is the month of miracles for RE/MAX which is when most of the ever so needed funds are generated by RE/MAX agents.  Click on the 25 Year Anniversary image to watch a short video that your local colleague Nate Martinez from RE/MAX Professionals has helped us put together to give you ideas on how your office can become a miracle office.  I am here to help you any way I can so please do not hesitate to ask.  Also I would love to come and share information about CMN at your next sales meeting.  I look forward to talking with you soon!

                         TEAM Lee Moore, has given at least $25.00 from their Commissions for every Seller they have represented and sold their homes for over 25 years, since our start with Remax Professionals AZ.

REMAX 25th Anniversary Logo

                                                               Click on "25 years" above for Video

Lee Moore Sr. and Lee Moore Jr. Thank you so much for all of your support,

Wes Pogue

Account Manager, Corporate Partnerships & Specials Events
Phoenix Children's Hospital Foundation
Direct Line: 602-933-3638



Remax Professionals AZ
about a week ago

🏠 #NewListing - See it BEFORE anyone else - 4 beds

❤️ Go here to get price, location, + more pics -

#RareOpportunity - Formal and a dining area in the kitchen with fantastic views of the lush green backyard. 

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June 2018 National Housing Trends

by TEAM Lee Moore

We always try to bring you the most accurate and up to date real estate information available and have been since 2003 with our TEAM Lee Moore E-Newsletter. In the event you are in need of real estate assistance, please call Lee Moore Sr. at 800.536.3008. We will try to assist you in any way we can or you can just click here, go online direct,  and "just ask Lee"






June 2018 News


Note: Data below from April, 2018 is the most recent from the National Association of Realtors.

Based on the most recent data from the National Association of Realtors® (NAR), sales of existing homes fell back in April following a two-month upward climb, and all four major regions had no gain in sales activity.
Nationally, total existing-home sales (completed transactions for single-family homes, townhomes, condominiums and co-ops) dipped 2.5% to 5.46 million in in April, down from 5.60 million in March. Sales now sit 1.4% below the same time period last year, and have dropped year-over-year for two consecutive months.

NAR's chief economist, Lawrence Yun, indicated that punishingly low inventory levels resulted in an Aprils's existing homes sales slump. “The root cause of the underperforming sales activity in much of the country so far this year continues to be the utter lack of available listings on the market to meet the strong demand for buying a home,” Yun said. He added, “Realtors® say the healthy economy and job market are keeping buyers in the market for now even as they face rising mortgage rates. However, inventory shortages are even worse than in recent years, and home prices keep climbing above what many home shoppers are able to afford.”
The median existing-home price for all housing types in April was $257,900, up 5.3% from April 2017 ($245,000). March’s price increase marks the 74th straight month of year-over-year gains.
Total housing inventory in the U.S. grew 9.8% to 1.80 million existing homes available for sale. This is still 6.3% lower than one year ago (1.92 million) and it's fallen year-over-year for 35 straight months. Nationally, unsold inventory offers a four-month supply of homes at the current sales pace, a bit less than 4.2 months last year.
Nationally, properties remained on the market for 26 days in April, a reduction from 30 days in February and 29 days a year ago. Fifty-seven percent of April's home sales stayed on market less than a month.
Freddie Mac data shows the average commitment rate for a 30-year, conventional, fixed-rate mortgage ticked up for the seventh consecutive month to 4.47% in April from 4.44% in March. The average commitment rate across 2017 was 3.99%.
First-time buyers drove 33% of U.S. sales in April, down from 34% a year ago. The annual share of first-time buyers across 2017 was 34%.