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homes in phoenix: REAL ESTATE TRENDS IN PHOENIX ARIZONA - 07/03/08 02:06 PM
Numbers and statistics are an important part of understanding the Phoenix, Arizona real estate market. We spend a lot of time crunching the digits to gain some sense of understanding.
Some of the areas we study are days on market, asking verses actual sales price, average price and more. The relationship between these different market stats can tell much.
The graph below looks at all of Phoenix and plots the days on market (DOM) against the sales price verses asking price ratio (S/A Ratio). What we see in this analysis is quite telling.
A year ago, just before the sub-prime news … (3 comments)
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homes in phoenix: CATS, REAL ESTATE & THE FUTURE - 07/01/08 05:57 PM
I have a couple of pets. They teach me a lot... especially Rosie the Cat. What she believes to be true is true for her and she is incredibly reluctant to change. 5:30 PM is her night-time feeding time. Not 5:40 or 6:00... 5:30!! I think people can be like that.
During the real estate frenzies of 2004-mid 2005 we sat awestruck at how the value of our homes increased. We thought people were nuts. Homes that sold for $400,000 in 2003 were fetching over $700,000 in May of 2005. Then the cat thing happened. We believed our homes were really … (1 comments)
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homes in phoenix: 5 Tips for Selling a House in a slow market - 04/17/08 07:20 PM
I like it when the media puts out good, constructive information. Luke Mullins with US News & World Report had a nice piece yesterday providing a number of tips for the person trying to sell a home in a slow market. Click here to see the article.
Essentially, Mullins advises home seller to do the following:
1) Make the necessary repairs. There is so much competition out there that buyers are choosing well maintained homes over ones with lots of repair needs.
2) Price your home right. This is a tough one for a lot of home sellers at this time. There … (0 comments)
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Gene Urban
Phoenix,
AZ
More about me…
The Urban Team at Realty Executives
Address: 7600 N. 16th Street Suite 100, Phoenix, AZ, 85020
Office Phone: (602) 234-5777 x 1
Cell Phone: (602) 234-5777
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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.
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