market: Contracts in 24 Hours? In Arizona? In This Day and Age? - 01/12/09 01:56 PM
I've said it before... there's no such thing as one market. [Q. How's the Market ... A. Which One?]
I like to focus on areas that show the most potential for those who bargain hunt. That means I spend a great deal of time finding properties for first time home buyers (11 comments)
Mea Culpa- Latin phrase that translates into English as "my fault", or "my own fault". - wikipedia
I've heard that the three hardest words to say, for most people, are these: "I love you."
In light of my constant delving into the worlds of big business and finance I'd (27 comments)
market: A Week Unlike Any Other- Ruminations on the Current Market - 09/23/08 06:35 PM
How Did We Get to This Point?
Like most people in the industry, I've been keeping a close eye on the volatility of the market. This includes keeping up with the musical chairs status of the financial institutions. We've seen runs, purchases, insolvencies and bankruptcies. We've also seen the end (11 comments)
Popular Concepts:
Inside Information: If you want to know what's going on in a company ask the people who work there.
Outside the Box Thinking: If you want to make changes, do something differently.
Forrest vs. Trees: Sometimes we're too close to the situation to see "the big picture". (8 comments)
market: What's in the Glass? - 07/20/08 05:01 PM
There is
the classic question pair:
Is the glass half empty?
Is the glass half full?
The
better question is this:
What's in the glass?
Today's market is very much
about the contents of the glass.
For those wishing to purchase a starter home- congratulations.
The buying environment is (11 comments)
"Act surprised" ... that's the command I gave my daughters as they unknowingly became a part of my blog-marketing campaign.
Fortunately they put up with me.
OK... for about 3 seconds... and no do-overs.
This is a brief snapshot with my wrap-up of this week's market news. There's (4 comments)
market: From Sharp Downturn to Flattening- The Phoenix Housing Market - 04/20/08 08:24 PM
The question I've heard most often in the last few months it this, "Have we reached the bottom yet?"
Let's give the short answer: "possibly"
I (and most of my fellow agents) have been keeping a finger on the pulse of the market with great regularity during recent years.
For those (4 comments)
market: Finding the Good in Bad News - 03/18/08 07:20 PM
Today the Fed cut the overnight lending rate by .75 points.
The stock market responded with the highest gains in five years.
A reporter has a choice:
Explain the pitiful state of the economy that requires such drastic measures.
Analyze the the move as a demonstration that there are still (7 comments)
market: Is the Bubble Leaking? - 02/22/08 06:50 PM
I'm seeing a trend. Until I see more evidence... well...
I can't call it a definite movement but....
the local Phoenix market shows signs of a market uptick.
Here's a few observations:
Homes in several east valley cities appreciated
Homes in some neighborhoods are selling quicker
Certain home builders sales are (4 comments)
market: The Metaphor of the Half-Pipe - 01/07/08 01:41 PM
Try searching for pictures of skateboarders. Rarely will you see them at the low point. Yet you'll find many spectacular photos showing them barreling down hill or flying high above the boundaries of the half -pipe.The bottom of the pipe- both approaching and slightly rising are less intersting to us.This is (3 comments)
Negative news suppresses prices. Supply goes up as demand goes down.
"Buy/Low - Sell/High" is one of the greatest business plans ever formulated.
But here is the question: (0 comments)
market: Arizona- the Greater Phoenix Area Real Estate Market Overview - 09/04/07 02:57 PM
With the nationwide real estate market in flux I'm often asked how Phoenix is doing. Home prices have come down; existing homes remain on the market longer and large builders are weathering an earnings decline storm... resulting in their offering of significant incentives.
Still, there are areas of the country that (0 comments)
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