Here and Now with Robin Young and Jeremy Hobson
Public radio's live
midday news program
With sponsorship from
Mathworks - Accelerating the pace of engineering and science
Accelerating the pace
of engineering and science
Wednesday, May 14, 2014

Housing Market: Pockets Of Hot And Cooling

A home is seen for sale on February 25, 2014, in Miami, Florida. (Joe Raedle/Getty Images)

A Realtor in Arizona says Phoenix’s market has slowed to the point there’s a five-month backlog, while a north Texas Realtor says houses are being snapped up fast in some Dallas suburbs. (Joe Raedle/Getty Images)

This week the National Association of Realtors reported that the median price for a home is $191,600, up nearly 9 percent from last year, and a buyer purchasing a similarly-priced home with a 5 percent down payment would need an income of $44,200 to land a mortgage.

Here & Now’s Jeremy Hobson checks in with two Realtors: Randy Courtney in Arizona and Anthony Graham in north Texas.

Courtney says Phoenix’s hot market last year has slowed to the point where there is now a five-month backlog of homes for sale, and more people are deciding to rent because prices are so high.

Graham says the housing market is “the hottest we’ve ever seen,” with only a one-month supply of homes in some Dallas suburbs where Realtors “can’t keep things on the market” because they’re being snapped up so fast.


  • Randy Courtney, founder of Courtney Valleywide Properties in the metro Phoenix area, Arizona.
  • Anthony Graham, Realtor with Re/Max Town & Country in the Dallas-Fort Worth area.

Please follow our community rules when engaging in comment discussion on this site.
Robin and Jeremy

Robin Young and Jeremy Hobson host Here & Now, a live two-hour production of NPR and WBUR Boston.

May 23 29 Comments

The Politics Of Home Ownership

Author Brian McCabe finds that our belief about home ownership as a way to improve civic life doesn't necessarily pan out

May 23 15 Comments

How Political Cartoonists Are Watching The Presidential Campaign

For cartoonists Marshall Ramsey, Darrin Bell and Gary Varvel, it's been a mixture of hilarity and sadness.

May 20 2 Comments

Olympic Swimmer: After Russian Doping, ‘No Confidence’ Of Fair Competition In Rio

Olympic athletes from around the world are outraged at the latest doping allegations out of Russia.

May 20 12 Comments

Oklahoma Bill Criminalizing Abortion Is Most Likely Unconstitutional

The Oklahoma legislature has passed a bill making it a felony to perform an abortion, unless it is to save the life of the mother.