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market data: Why My Phone is Ringing- Arizona Resales Jump 10% - 10/16/08 05:49 PM
In June (The Market Has Two Bottoms) I reported that home sales are up in the Phoenix Metro Area. Fast forward to last month (September) and we see that the trend continues.
September marks the second best sales month for the year. One may conclude that the bottom has been reached with regard to quantity of real estate sales.
Homes sales are climbing, this time by double digits.
However, these numbers are being achieved at the expense of pricing- which continues to fall. Foreclosures and short sales continue to increase. To compete against this, new home builders are also continuing their … (6 comments)
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market data: Warren Calls "Game Over" in Freddie/Fannie - 08/22/08 08:00 PM
As Fannie Mae and Freddie Mac continue thier free fall one very rich man has decided to pass on investing.
In an interview on CNBC Warrent Buffet says the "game is over" for the two. He sites a lack of net worth as a major factor. This increases the speculation that the government will need to get involved in a bail-out.
In other news, here's what Warren Buffet (investor/richest man in the world) had to say about the current defit situation and the varied economic factors facing today's market.
… (6 comments)
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market data: Market Pulse: What I'm seeing in the Phoenix metro Area - 08/21/08 05:34 PM
"How's the Market?"
I'm asked this question all the time. Since the market is varied, the answer is different depending on the sector. If we were to take the pulse of the market right now here are a few trends we'd notice:
New Homes: It's not a great time to be a builder. Profit margins are down- and it will probably stay that way for a while. This is good news for the buyer. The selection is phenomenal. New home starts are down to a 17 year low nationwide. This is bound to happen. The builder inventory is still high... … (6 comments)
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market data: The Market Has Two Bottoms - 06/21/08 02:45 PM
I'm breaking from tradition here. I can't for the life of me find a graphic for this title. If ever I do, I'll post one... if not- this may be a text only post- defying my personal blogger goal- to marry each topic with symbolic imagery.
Now- to the point, the market has two bottoms. One is quantity of sales; the other is pricing.
According to some of the latest research, the Phoenix metro area's bottom has been achieved in one regard. Sales have increased.
New home sales? Up. Existing home sales? Up. Home construction permits? Up. All this can … (9 comments)
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market data: The Housing Giants - Sortable List of Builders - 09/12/07 07:03 PM
As a buyer's rep whose clients very often desire new builds over existing homes- I'm often asked who the biggest builders are. This is an ever changing list as no one builder "owns" the top seller designation. One builder may sell the most units while another builder garners more revenue. Which builder is biggest? Depends on how you define big.
Wouldn't it be great if you could go to a website and click on column headings that would automatically sort such things? Fortunately there is a link... it's from housingzone.com and here it is, the sortable stats page. Here you'll … (0 comments)
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market data: Useful Government Websites for Quantitative Data - 09/11/07 02:55 PM
Searching for data? Whereas the search engines may get you where you need to go, very often they provide enough information to send you on a wild goose chase. Here's a collection of links from the folks at Lifehacker that should get closer to pointing you in the right direction:
USA.gov is the governments official site. It includes links to:
grant information online services (drivers' license renewal, shop government auctions, contact elected officials, etc.) government news, and more. Other Government portals include:
FedWorld Students.gov Health.gov New York City Maps Portal GPO Access, part of the U.S. government printing office, include these … (2 comments)
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Chuck Willman, Arizona Realtor® 480.292.0600
Mesa,
AZ
More about me…
Gentry Realty
Address: 2812 N. Norwalk #101, Mesa, AZ , 85215
Office Phone: (480) 292-0600
Cell Phone: (480) 292-0600
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