phoenix real estate: Phoenix real estate - Beautiful horse property
- 09/26/08 12:14 PM
Custom Territorial Home on Horse Property in Phoenix!!! Windermere West Valley phoenix real estate ● search homes ● featured listings ● our listings ● client resources buyer resources ● seller resources ● about us ● our services ● our commitment contact us ● our links ● our property eflyers ● our partners ● our blogs … (1 comments)
phoenix real estate: Scottsdale real estate - Market update August '08
- 09/24/08 01:01 PM
The dog days of summer are behind us and the Scottsdale real estate market is still struggling to keep up with the rest of the value. My assessment of this situation is that most homes in Scottsdale do not fit within the conforming loan limits. Therefore people are having difficulties securing loans for homes in this price range. Most homes in Scottsdale are not prime investment properties (negative cash flow on most) so the investors have not yet made their way to Scottsdale like they have in other areas of the valley. Here are August's numbers for the week ending 8/31/08: Active Listings: 5,608 Homes Pending: … (0 comments)
phoenix real estate: Phoenix real estate - Market update August '08
- 09/23/08 02:44 PM
The dog days of summer are behind us and the Phoenix real estate market is really picking up. Here are August's numbers for the week ending 8/31/08: Active Listings: 13,570 Homes Pending: 1,911 Homes sold in last 30 days: 1,300 (down 5% from July '08, up 32% from August '07) Burn rate (Inventory on market/by homes sold last 30 days) = 10 months supply Avg. Sale price (Solds): $207,572 (Down 5% from July '08, Down 33% from August '07) Avg. price per sq. ft. (Solds): $119.19 (Down $7 per Sq. Ft. from June '08, Down 32% from August '07) Avg. Days on Market (Solds): 112 (Same as July '08, Up 14 days, 14% from July '07) To learn more … (0 comments)
phoenix real estate: Anthem AZ real estate - Market update August '08
- 09/22/08 12:57 PM
Sorry I got this one out so late. But better late than never. It's also a testament to how busy we've been. The market continues to remain hot in Anthem. According to the lastest statistics we are very near what is deemed a balanced market, 5 months supply of homes, approximately 90 days on market to sell homes. Prices are not yet increasing, but the rate of price decline has backed off considerably. Here are the lastest stats for the week ending 8/31/08: Active Listings: 403 Homes Pending: 98 Homes sold in last 30 days: 78 (Down 4% from July '08, up 214% over August '07) Burn rate (Inventory on … (0 comments)
phoenix real estate: Phoenix real estate market heating up, weather cooling down...
- 09/08/08 02:56 PM
Now's the time of the year we love in Phoenix. The weather is starting to cool, but the skies are blue. And typically we see our real estate market heat up as well. That being said, we have seen a tremendous uptick in activity during our summer months as well. My business partner, Ben Bailey, has prepared some graphs that show indeed, the real estate market here in Phoenix is heating up. Click here to view these graphs. Click here for more information about the Phoenix real estate market. … (2 comments)
phoenix real estate: Who do they think they are?
- 08/23/08 04:26 AM
I'm not sure if this is an isolated trend specific to the Phoenix real estate market or not, but we're starting to come across loan underwriters who think they are appraisers. Now, I understand that banks are scrutinizing every loan these days with a fine toothed comb. However, appraisers are now being ultra conservative in their property value assessments. Add to it that some of these underwriters are contesting values on R.E.O. properties and now you have just pure audacity. I'm not talking about the audacity of hope here. For an underwriter to sit at their desk, pull up some tax … (4 comments)
phoenix real estate: 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)
phoenix real estate: Conserve!!!!!
- 08/14/08 11:14 AM
We all know the expression, "waste not, want not". Then why is it when it comes to energy we waste a lot and want more. Thankfully the energy issue is front and center in this year's election. And that is very good. We need not only to start focusing on alternative energy sources, but ways to conserve those sources that already exist. Many of the alternate sources will not be online for many years. First and foremost, Barack had it right. Inflate your tires. Might not sound like a lot, but it can save about 3% per tank of gas. Multiply … (0 comments)
phoenix real estate: Phoenix real estate - Market update July '08
- 08/07/08 01:50 PM
Even though the dog days of summer are upon us the Phoenix real estate market is still pluggin along nicely. Here are July's numbers for the week ending 7/31/08: Active Listings: 13,464 Homes Pending: 1,770 Homes sold in last 30 days: 1,366 (up 12% over June '08, up 25% from July '07) Burn rate (Inventory on market/by homes sold last 30 days) = 10 months supply Avg. Sale price (Solds): $219,501 (Down 8% from June '08, Down 28% from July '07) Avg. price per sq. ft. (Solds): $125.98 (Down $8 per Sq. Ft. from June '08, Down 30% from July '07) Avg. Days on Market (Solds): 112 (Down 16 days, 12% from June 08, Up 17 days, 18% … (0 comments)
phoenix real estate: Anthem AZ Real Estate Market Update July 2008
- 08/04/08 07:02 AM
The market continues to remain hot in Anthem. Here are the lastest stats for the week ending 6/30/08: Active Listings: 464 Homes Pending: 116 Homes sold in last 30 days: 78 (Up 3% from June '08, up 81% over July '07) Burn rate (Inventory on market / by homes sold last 30 days) = 6 months supply Avg. Sale price (Solds): $278,347 (Down 9% from June. '08, Down 30% from July '07) Avg. price per sq. ft. (Solds): $114.11 (Down $4.61 per Sq. Ft. from June. '08, Down 32% from July '07) Avg. Days on Market (Solds): 143 (Down 2 days, 1% from June 08, Up 14 days, 11% from July '07) For graphical interpretation of this data please … (0 comments)
phoenix real estate: Get rich quick!!! Puh-lease.
- 07/29/08 02:55 AM
Before I start, don't get me wrong. I am not condoning a Communist society here, or anything close to that. The point of my blog post today is unadulterated greed. Over the past couple of decades I have seen a scary trend in American society. Namely, the proliferation of the get rich quick schemes. Whether it be through sitting at your desk day trading and making millions (all the craze during the halcyon years of the dot com craze of the 90's) or buying and flipping properties (which is one reason we are in this mess), or the various MLM businesses … (5 comments)
Great Waddell Horse Property!!! … (2 comments)
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