first time home buyers: Scottsdale, AZ Real Estate Market Report - August 2018 - 09/18/18 03:52 PM

Prices rose, but activity continued to decline in the Scottsdale real estate market during August. The number of homes sold was down 6% from July but up 2% from last August. The average sale price increased 5% over July and was up 9% from August 2017. The 12 month moving average sale price was up 7% from a year ago,  now standing at $569,097.  The number of homes on the market is 2,134, 1% more than July, and 10% less than August 2017.  The days on market is at 103 up 6% from last year and the burn rate (homes pending/home sold) … (1 comments)

first time home buyers: Phoenix, AZ Real Estate Market Report - Dec. 2017 - 01/02/18 04:03 PM

The Phoenix, AZ real estate market picked up a little bit in December. The number of homes sold was up 4% versus November and up 10% from last year. The average sale price decreased slightly, down 2%, over November, but up 6% over December 2016. The number of homes on the market decreased by 10% versus November, and was down 15% versus last year.   The year over year price increase continues to move in the right direction, up 6% over December 2016. The 12 month moving average sale price, now at $274,974, (up 8% from the previous year), continues to edge up.  The … (0 comments)

first time home buyers: Anthem, AZ Country Club Real Estate Market Report - Nov. 2017 - 12/30/17 10:33 AM
Activity in the Anthem Country Club real estate market dropped off in November. The total number of homes sold in the Country Club decreased from October, down 23%,  and down 11% from November 2016.  However, the average sale price increased in November, up 17% from October, and up 12% year over year. The price per square foot increased, up 5% from October and was flat year over year.  The days on market dropped a bit from October, down 8%, but up 56% year over year. The burn rate, (or homes under contract versus homes on the market) is now 3.83 month’s supply, edging toward a … (0 comments)

first time home buyers: 5 things first time home buyers need to consider... - 09/14/16 04:12 AM

I love working with first time home buyers.  The excitement of buying a home is fresh for them, which makes it fun for everyone.  Sure, there’s some additional educating and advice to dispense, but I find first time home buyers are lot more receptive to what we Realtors have to say than folks who have bought and sold several homes through the years.  But there are some questions new home buyers need to ask themselves before jumping into the fray.
     . Do you have enough money for furnishings? Often first time home buyers have been renting a home for a while … (6 comments)

first time home buyers: Phoenix real estate - You're missing the boat... - 08/20/08 04:25 AM
Attention investors, first time home buyers, second/vacation home buyers.  If you're not looking at the Phoenix market right now you're missing out big time.
The median home price in Maricopa county (Phoenix/Scottsdale area) has fallen from $268,000 in 2005 to $205,000 currently.  A 30% decline off the peak.
In certain areas of the valley we've price declines of 50% or more from the peak.  There are a tremendous amount of cash flow investment opportunities out there as well as some fantastic opportunities for first time home buyers who would pay less in mortgage than in a comparable rental.
However, time is … (0 comments)

Jerry Murphy, CRS, SRES, Anthem, Phoenix, and Scottsdale AZ Real Estate (Long Realty West Valley) Rainmaker large

Jerry Murphy, CRS, SRES

Anthem, Phoenix, and Scottsdale AZ Real Estate

Anthem, AZ

More about me…

Long Realty West Valley

Address: 3655 W. Anthem Way, Ste A-109, PMB 212, Anthem, AZ, 85086

Office: (602) 334-3757

Mobile: (602) 334-3757

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All you want to know about Anthem, AZ real estate, in addition to the greater Phoenix and Scottsdale real estate markets.




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