Market Stats Update
August 30, 2009 by admin · Leave a Comment
For the past five or six years (very much unlike my first 20 – 25 years in the real estate business) the price of Phoenix residential real estate has been front page news and sometimes even national news. What you will see here aren’t the glaring headlines – that all sound so much better than [...]
Foreclosures Surge?
This was just now posted on AzCentral with the headline, "Foreclosures surged in July. This is what passes for "reporting" by most media about the real estate market. June foreclosures were 5,149. July’s numbers (per the article) were 5,316. A difference of 167 foreclosures or 3.24%. And that is being called a "surge". I wonder [...]
Stage Your Home for Under $50
July 7, 2009 by admin · Leave a Comment
Thanks to Lani at AgentGenius for passing this little gem along. Cheap, Quick Fixes to get Your Home Sold Faster
8,000 Reasons
June 11, 2009 by admin · Leave a Comment
After a false start, details of the new program that allows home buyers to use the first time home buyer tax credit at closing have finally been released here. Here are the major points: The program can only be used on FHA-insured loans. VA, conventional, and other programs are not included. The credit cannot be [...]
How’s The Market? An Interesting Update
I am often asked the question, “How’s the market?” by home sellers, home buyers and various local and national reporters. Answers like, “Good” or “Not very good” – which are the type of sound bite answers TV and radio interviewers seem to thrive on – don’t really honestly answer the question. Our market varies by [...]
FTC Press Release
April 7, 2009 by admin · Leave a Comment
This just released today and I am passing it along. It may not apply to you personally, but you may know someone who needs to see this – so please feel free to forward this blog post. Five different companies have been accused of using deceptive practices to market mortgage modification and foreclosure rescue services [...]
Some Very Interesting Stats
February 25, 2009 by admin · Leave a Comment
Some very interesting stat comparisons courtesy of Mike Orr at the Cromford Report. Next you can see the Average Annual Price Per Square Foot – based on area: And finally a "market snapshot" that illustrates some interesting comparisons.
2008: What Really Happened to Phoenix Real Estate?
January 18, 2009 by admin · 3 Comments
Let me start this post by publicly acknowledging and thanking Jim Sexton, Designated Broker for John Hall & Associates, for his brilliant research (which you are about to see). I am going to comment on and link to several charts. In some cases I will show a small version of the chart in this post [...]
Sales this October are way up. Prices are way down.
December 12, 2008 by admin · Leave a Comment
Single Family Home Sales Year to Year Comparison by Price Range. When comparing single family homes sales by price range for October 2007 to October 2008, homes sales have boomed in the under $200,000 price range. Home sales in every other category have declined. Special thanks to Fletcher Wilcox of Grand Canyon Title Agency [...]
A Little Appraisal Humor
December 11, 2008 by admin · Leave a Comment
Your house as seen by: Just kidding. Really. But I hope you enjoyed seeing it.
