Short Sales vs. Bank Owned?

Short Sales vs. Bank Owned?

June 20, 2010 by admin · Leave a Comment 

My, what a difference a year makes. In late 2008 lenders, as well as industry giants Fannie Mae and Freddie Mac dominated both the active listings and sales statistics with their foreclosure inventory. Rumors abounded about an additional looming “shadow inventory” of foreclosures which would further destroy our already decimated marketplace. The oncoming “foreclosure tsunami” [...]

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 [...]

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

How’s The Market? An Interesting Update

June 4, 2009 by admin · 1 Comment 

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 [...]

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 · 2 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 for the [...]

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. 

Fox News – My 1st Time on a National Show

November 2, 2008 by admin · Leave a Comment 

Fox News Oct 31st, 2008

Russell is Interviewed by Kent Dana

October 19, 2008 by admin · Leave a Comment 

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