Has the Recession Ended? - 09/24/10 03:37 PM
The experts say yes.  The National Bureau of Economic Research (NBER) made up of a panel of seven experts from universities such as Harvard, Princeton and Stanford, said on Monday that the recession officially ended in June of 2009.  This was the longest recession (December 2007-June 2009) since World War II.  The timing of the end of the recession was based on Gross Domestic Product, Gross Domestic Income, Employment, and Personal Income.  June of 2009 marked the beginning of an expansion based on this data. 
Now, you may be wondering why the economy doesn't seem to know that the recession has … (1 comments)

Phoenix Area Market Statistics: July, August, and General Trends - 09/22/10 12:26 PM
Phoenix area market statistics for July and August have been published.  The overall trend in the market is that we saw a large drop off in Phoenix area sales after the tax credit expiration however sales did increase in August.  The sales increase was fueled by affordability and low pricing as well as historically low interest rates.  Sales increased by 5% in August (7,358) over July (7,009). 
The median home sales price decreased over the same time period.  This decrease was expected once the tax credit for first time and move-up buyers expired.  These tax credits had increases demand for homes … (0 comments)

Economic Outlook: Americans are Keeping Their Cash Close - 09/16/10 02:06 PM
I wanted to follow up on my last blog post "Starbucks Removes "Tall" Size from Drive-Up Menu" as it introduced the idea of Americans becoming more and more conscientious about the money they spend and where it is spent.
Americans are not only watching where they spend their money, but they are also moving their money out of CD's (certificates of deposit) and mutual funds and in to accounts that are considered less risk and with no early withdrawal penalties, such as checking and savings accounts.  These accounts typically do not offer a high (if any) interest rate however they do … (1 comments)

Starbucks Removes "Tall" Size from Drive-Up Menu - 09/16/10 01:32 PM
Calling all Starbucks fan......  As of 8/31/10, all Starbucks Drive-Up Menu's have had the "Tall" size removed as a selection.  Many people are upset about this change because they feel that Starbucks is being a bit underhanded and shady, trying to increase drive-thru dollar sales.  Starbucks says that this is not the case and that customers have been requesting a simplified menu for years.  They also went from about 70 items to a menu of only 25. 
The Good News?  You can still order a "Tall" at the drive-thru, it just won't be on the menu.  The regular in store menu … (5 comments)

 
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Alyssa Samuelson, CDPE CRS ABR SFR GRI FTHBC

Scottsdale, AZ

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