Arizona Growth Fastest in U.S. - 12/29/06 11:09 AM
Washington-Scoot over, Nevada! Arizona has ended your 19-year reign as the fastest-growing state. We were the rightful champion last year, too, only we didn't get credit until today, when the Census Bureau released updated figures. Arizona had a population growth rate of 3.6 percent in 2006, census estimates show. It added 213,311 people, including about 32,000 immigrants and 130,000 people moving from other states. That brings the population to more than 6.1 million and makes Arizona the 16th largest state. The nation's biggest population loser: Hurricane Katrina-ravaged Louisiana. "We're proud to be Number 1," said Jeanine L'Ecuyer, a spokeswoman for Gov. … (0 comments)

4031 W. Kiva St. Laveen AZ - 12/28/06 05:00 PM
Laveen, Az Property For Sale
4031 W. Kiva St    $779,888    
4 bedrooms,  1/2 bathsMLS#: 2621340
 Sitting on a 1-acre lot, nestled in the foothills of South Mt. this home offers a peaceful retreat in a rural setting, yet it's only minutes from the City. It features a gracious floorplan and stunning entry w/a gated courtyard and towering 12-ft ceilings w/exposed vegas & diagonal-set tile flooring. There's alderwood cabinetry t/o & slab-granite cntrs in the kitchen, which opens to the family rm where you'll find media niches & a beehive fireplace. The 4th bdrm is wired for speakers/tv & makes a nice media rm. A … (2 comments)

Put your personal Business Logo on your postage - 12/28/06 09:45 AM
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2006 population estimates of select Arizona cities, and their increases from 2000 - 12/27/06 05:47 PM
The population in Phoenix grew by almost 155,000 from 2000 to 2005, according to a special mid-decade census.
Here are the 2006 population estimates of select Valley cities, and their increases from 2000:
•c       Phoenix: 1,475,834 residents, 12 percent increase.
•c       El Mirage: 32,061 residents, 321 percent increase.
•c       Buckeye: 25,406 residents, 199 percent increase.
•c       Surprise: 88,265 residents, 186 percent increase.
•c       Goodyear: 46,213 residents, 144 percent increase.
•c       Youngtown: 6,163 residents, 104 percent increase.
•c       Avondale: 69,356 residents, 93 percent increase.
•c       Gilbert: 173,072 residents, 57 percent increase.
Chandler: 230,845 residents, 31 percent increase … (0 comments)

Phoenix Coronado Neighborhood property for sale - 12/27/06 09:41 AM
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Phoenix MLS time on the market analysis - 12/26/06 04:32 PM
Time-on-Market Analysis
                                                           Commentary
Average days-on-market is the average number of days houses that have been sold were listed.   Typically in the Phoenix market this number has been between 60 and 70 days.  The graph clearly shows this number began to fall in June 2004 as the market gained sales velocity, bottomed out about August 2005, and then has since climbed steadily.  It has now shot right past the normal range to a current all time high of 80.2 days.Source: In-depth Analysis
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St. Joseph's help often sought in Phoenix home sales - 12/24/06 05:03 PM
The downturn in Arizona's real estate market is translating into business for Catholic gift stores around the Valley, where shoppers are asking for the St. Joseph Home Selling Kit.The kit, which includes a statue of St. Joseph and an instructional booklet, is said to invoke the powers of the patron saint to bring a quick and profitable sale of a home. Why St. Joseph? Joseph had firsthand experience with the fickleness of supply and demand in the housing market, of course. The story of how he managed to find a room for his bride (albeit in a manger) has become the basis … (6 comments)

National existing home sales rise, prices fall - 12/23/06 05:29 PM
Sales of existing homes posted a tiny increase in October but the median home price fell by a record amount. Analysts forecast more price declines in coming months as the once-booming housing market undergoes a painful correction.The National Association of Realtors said Tuesday that existing home sales edged up 0.5 percent to a seasonally adjusted annual rate of 6.24 million last month. It was the first increase after seven consecutive monthly declines.However, the median price for a home sold dropped to $221,000 in October, a decline of 3.5 percent from a year ago. That was the biggest year-over-year price decline on … (2 comments)

Phoenix metro area indicators recap - 12/19/06 07:15 PM
A recap of the current market indicators are as follows:
Resale Listings
Resale listings in November followed the October pattern of no significant change.  These two months are the first time in 18 months that there has not been a significant increase in the listing count and the first two months since January 2006 that a new monthly listing count record was not set.  The count remains abnormally high at 45,261. The number of resale listings fell by 2,327 in November, which is only the second monthly decline since April 2005.
Resale Sales
Resale sales volume is down from November of last year by 2,030 … (0 comments)

2 year perspective sales vs listings in Phoenix Metro area to date October 2006 - 12/19/06 06:56 PM
                                             A Two Year Perspective
     The graph below  focuses on only the most recent 24 months.
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Census counts nearly 1 million uninsured Arizonans - 12/18/06 04:40 PM
Almost 1 million Arizonans -- including 231,000 children -- do not have health insurance, according to new numbers from the U.S. Census Bureau. Only Texas, Nevada, Montana, Oklahoma, Florida, New Mexico and Colorado had a higher percentage of their children without health care than Arizona. Gov. Janet Napolitano is expected to focus on early education, children's health care and better linking universities to public schools and work force needs in her upcoming budget. The Census numbers also showed that Arizona ranked 38th among states for per capita income.    The Business Journal of Phoenix
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Phoenix Median Price for October 2006 - 12/14/06 04:05 PM
The Median Price in the recently-released October ARMLS resale sales reports is $250,000 which is an increase of $100 since the September reports.  The Average Price also increased this month, from $324,400 to $331,200.  The graph below displays both the monthly Average Price and Median Price of resale homes sold in MLS from January 2002 through October 2006.
The average price is calculated by dividing the sum of the sales prices by the number of homes sold.  The median price is determined by finding the price where the quantity of homes sold for less than that price is equal to the quantity … (2 comments)

Marketing to the Latino community - 12/05/06 11:25 PM
I am looking for a better way to market to the Latino community. Besides working with the 1st and 2nd generation buyer and seller I want to make sure and include the aculturated client.  Any thoughts and ideas? … (3 comments)

 

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