mesa: Get the Long Realty Home Advantage......
- 01/08/19 03:01 PM
Long Realty Home Advantage Get access to reliable services from endorsed, local businesses with your complimentary Long Realty Home Advantage card. Start taking advantage and contact me today! … (0 comments)
mesa: Phoenix, AZ Real Estate Market Report - Dec. 2018
- 01/02/19 08:17 AM
Homes sales rose a bit but prices continued to decline during December in the Phoenix, AZ real estate market. The number of homes sold rose by 1% over November but were down 10% year over year. The average sale price fell 3% from November, and was up 6% over December 2017. Sellers received about 98% of their list price during the month. The number of homes on the market fell 6% compared to November but is up 9% year over year. The 12 month moving average sale price, now at $298,051 (up 8% from the previous year), continues to edge up ever so … (1 comments)
mesa: Scottsdale, AZ Real Estate Market Report - Nov. 2018
- 12/12/18 04:12 PM
Home sales and prices dropped in the Scottsdale real estate market during November. The number of homes sold was down 1% from October and down 11% from last November. This marks five out of the last six months of declining home sales in Scottsdale. The average sale price decreased 2% from October but is up 4% from November 2017. The 12 month moving average sale price is up 9% from a year ago, now standing at $579,774. The number of homes on the market is 2,415, 3% less than October, and 8% less than November 2017. The days on market is at … (1 comments)
mesa: Let's talk.....
- 11/28/18 10:39 AM
Talk to Me! I am here to walk you or anyone that you may know through the real estate process, even if you just need a few questions answered. Please contact me or visit my website. Remember, I’m never too busy for your referrals and I’d love to hear from you. Call me at 602-334-3757 or e-mail: jwmurphy@longrealty.com
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mesa: Mesa, AZ town home for rent.....
- 09/12/18 07:01 PM
I just listed this 3 bedroom, 2.5 bathroom Mesa town home for rent. Located in a gated community, community pool, and rec center. Just $1,200/mo. Call me at 602-334-3757 for more information.
Earlier in the week the stock market freaked a bit when the yields and on the 2 Year and 10 Year Treasury notes began to converge. (https://www.msn.com/en-us/finance/news/whats-a-flattening-yield-curve-and-why-it-should-scare-you/ar-BBKPlkx ) This "flattening", when yields on the short term and long term treasury bonds start to close in on each other, has been a reliable predictor of oncoming recessions. So, what does this mean for the real estate market? Well, a lot.
You see, the last time these two yields converged and actually inverted (where the 10 year treasury yield falls below the 2 year yield) was 2008. And we all know what happened that … (1 comments)
mesa: Just Sold!!! 4 bedroom Phoenix home with a pool....
- 08/22/17 12:29 PM
We just closed escrow last week on this beautiful 4 bedroom Phoenix home. Give me a call at 602-334-3757 or e-mail: jwmurphy@longrealty.com if you'd like me to assist you in the sale of your home too.
mesa: Phoenix Real Estate Market Report - July 2017
- 08/09/17 02:05 PM
The Phoenix, AZ real estate market continued to retreat in July. The number of homes sold was down 19% from June and down 1% from last year. The year over year price increase continues to move in the right direction, up 5% over July 2016. And the 12 month moving average sale price is now $268,810, up 8% from the previous year and now at our pre crash highs. The number of homes on the market is 3,708, up 1% from June, with the days on market at 57, down 11% from last year and well within the benchmark of a seller's market. … (0 comments)
I work a lot with people relocating from other states. Often these folks are referred to me by an agent they use in their respective town. But all too often buyers, and even sellers will choose an agent who they are unfamiliar with in an unfamiliar area. This is where I, or your agent can come in handy for you. We as agents are constantly networking with each other, either via sites like Active Rain, or industry releated conventions and events. So we probably know of a good agent in your area or the area you're headed to who can assist … (3 comments)
For the past several years our, the Phoenix/Scottsdale area, market as well as many other markets around the country have been pretty much a seller's market. But how can you tell when your market is shifting to a buyer's market? And I'm not talking about a free fall like 2008-2010, just a normal shift. Well, there are several factors:
1. The days on market in a lot of areas is starting to grow. Historically a balanced market (neither favoring sellers nor buyers) has been benchmarked by 90 days on the market for homes to sell. So if you see the days on … (1 comments)
The Scottsdale, AZ real estate market showed a bit of slide in month of July. The number of homes sold was down dramatically from both June 2016 and July 2015. The 12 month moving average sale price remained the same month over month and year over year, and now resides at $501,883. The number of homes on the market is 2,581 with the days on market at 113, 7% longer than last year. The burn rate (homes pending/home sold) is at 3.72 months, which signals a slight seller's market. One month does not spell a trend, but keep an eye out … (1 comments)
The Phoenix, AZ real estate market is continues to plow along through our prime selling season in the Valley of the Sun. The number of homes sold was up 5% from a year ago, and the 12 month moving average sale price continues to edge up, climbing to $245,859, up 7% from the previous year and nearing our high pre crash. The number of homes on the market is 3,962 with the days on market at 65, 4% less than last year, and well within the benchmark of a seller's market. All of these statistics point to a very strong Phoenix, … (0 comments)
Newly Listed!!!!! 4 bedroom, 2.5 bathroom home within brand new Eastmark community in Mesa, AZ For more details and information go to: http://jwmurphy.longrealty.com/homes-for-sale/10238-E-Starion-Avenue-Mesa-AZ-85212-173728029
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