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I’m starting to hear it continually, almost every day, “What is going on with our Phoenix and Scottsdale real estate markets?”People are hearing stories from friends, co-workers, and the guy next to them in line at Starbucks.Are we seeing a shift, and more importantly, will the trend continue?
It seems as though 2012 may be the year where we start to see a steady recovery.2011 showed strong signs of heading in that direction:
-MLS had the highest year in unit sales of all time other than 2005
-Prices in both November and December outperformed those month (2 comments)
REAL ESTATE MARKET UPDATE: 2011 Shows Positive Trends for Phoenix Real Estate Market - 02/14/12 10:05 AM
2011 Shows Positive Trends for the Phoenix Real Estate Market BY ALYSSA SAMUELSON REALTOR/Designated Broker, Success Real Estate Group Certified Distressed Property Expert (CDPE), Certified Residential Specialist (CRS), Accredited Buyer's Representative (ABR), Short Sales and Foreclosures Certification (SFR), Graduate Realtor Institute (GRI)
Scottsdale properties for sale, SRP Water Saving Tips, Art Walks, Beer Festivals, and much more this February! - 02/09/12 08:31 AM
Featured Properties for Sale NEW LISTING! 2065 W POSADA AVE Mesa, AZ 85202 $89,000 Cute home on large lot, great location! http://2065wposadaavenue.epropertysites.com/ Cute home on large lot, great location! Minutes from the 101, ASU/Tempe and Chandler! Living room opens into kitchen with plenty of cabinets. Separate pass through to bonus room - den or office or great room - use your creativity! Split bedroom and bath on bonus room side of house. Two good sized bedrooms in main part of home. Great price for the location, clean template to design as your own!
NEW LISTING! 2655 W. Onza Avenue Mesa, (1 comments)
According to the Case-Shiller Index, published by Standard and Poor’s, Phoenix was the only city out its top 20 followed that showed a price increase from October to November, 2011.Prices were up.6% during that time frame as compared to a 1.3% drop in prices in the other cities.More data to show that the Phoenix and Scottsdale Real Estate market is gaining momentum and we may have seen the bottom, only time will tell. (1 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.