Real Estate Blog - Market Picking Up in our Neighborhood

Home : Blogs : Tony Marriott, Associate Broker, CRP, CLHMS, CRB, CRS ~~ Phoenix Arizona : Tony Marriott's Phoenix Arizona Real Estate Blog

Market Picking Up in our Neighborhood - How about yours?

Every month I receive a survey from the folks at Bank of America Securities, and as a reward for participating receive a copy of the results.

The results just in - which you can view on Jay Thompson's blog confirm what I have seen - business is definitely on the rise in the Phoenix Real Estate market.

How does your perception of your market activity compare with the report?

The Twenty Major Markets:

Atlanta, Georgia
Austin , Texas
Charlotte, North Carolina
Chicago, Illinois
Dallas, Texas
Denver, Colorado
Fort Myers, Florida
Houston, Texas
Jacksonville, Florida
Las Vegas, Nevada
Los Angeles, California
Miami, Florida
Minneapolis, Minnesota
New York-Northern New Jersey
Orlando, Florida
Phoenix, Arizona
Riverside-San Bernardino [Inland Empire], California
Seattle, Washington
Tampa, Florida
Washington, D.C.

Additional Key Housing Markets include

Baltimore, Maryland

Charleston, South Carolina

Cincinnati, Ohio

Columbus, Ohio

Detroit, Michigan

Nashville, Tennessee

Philadelphia-Southern New Jersey

Port St. Lucie, Florida

Portland, Oregon

Raleigh, North Carolina

Richmond, Virginia

Sacramento, California

San Antonio, Texas

San Diego, California

San Francisco, California

Sarasota, Florida

Tucson, Arizona

Virginia Beach, Virginia

Wilmington, North Carolina

Posted by Tony Marriott, Associate Broker, CRP, CLHMS, CRB, CRS ~~ Phoenix Arizona on 02/05/2007 02:29 PM

Comments (18)

phoenix, arizona, real estate, active rain, localism

Originally posted at: Tony Marriott's Phoenix Arizona Real Estate Blog: Market Picking Up in our Neighborhood - How about yours?

18 Comments on Market Picking Up in our Neighborhood - How about yours?

FEB

2007

An excellent write up Tony. Great stuff. You are just a wealth of information on a continuos basis. (non stop). How do you do it?

Ken

Thanks for sharing Tony! Since the beginning of the year it is non stop and I have had a couple of "let's write a contract" 's after showing one house and being involved in multiple offer situations. I think we are in for a great ride in 2007!

FEB

2007

Even though Honolulu wasn't on the list I am expecting a good 2007.

Ken - If I told you I would have to.......

Hi Tony~ In the East Bay Area things are heating back up. Inventory under $1 mil is starting to get back into multiple offers. I did the marketing on one on Friday, by Monday it was sold:)

Renee - It's definitely starting out well!

Randy - Honolulu should be on the list! I'll see you there next January!

Laura - Seems like many prospective Buyers put BUY A HOUSE on their list of New Years Resolutions!

Washington DC

Traffic is picking up, maybe 4 fold. But prices are still dropping for homes that have sat. Properly priced home WILL still sell in one week. I tell my buyers that I would rather they get a home that is properly priced at full list then buy one for $50k off that is $100k overpriced. This is a HARD hurdle to overcome for some buyers. But when they like 1 or 2 places and suddenly they are gone, they learn slowly.

Frank Borges LL0SA- Virginia Broker/ Owner FranklyRealty.com

Blog.FranklyRealty.com Featured in BusinessWeek, CNBC, WSJ etc.

I find the harder I work, the better the market gets.

Xmas season is over. Phones are ringing.

Frank - Thanks for the validation!

Mike - You are one of the fortunate few to notice that correlation!

FEB

2007

Donald Trump sold the entire Trump Tower in 24 hours in Waikiki.

FEB

2007

Yup, thinks are definitely picking up in the valley of the sun. Ocotober and November were extremely slow but now its almost business as usual

Sugar Land is a Houston Suburb and we are moving very well.

FEB

2007

Christopher - Perfect comment - 12 words therefore 25 points, :-)

MAR

2007

I, too, get that survey and I tell you, I use it to keep in touch with my clients. I send them updates and that keeps them well informed. They appreciate that.

MAR

2007

Jon - Great way to spread the word!

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