investors: Is this a sellers market or what?
- 05/24/09 07:41 AM
I just ran the numbers for the first 24 days of May. Home sales in Maricopa county continue to surpass the sales of 2008. For the 30 day period ended May 24, 2009 8,400 homes were sold. This was a 72.5% increase over 2008. With multiple offers in place for homes in this market the inventory of currently Active single family home listings in ARMLS numbers less than 28,000. In January we had over 60,000 listings. Is this a sellers market or what? 2009 is a great time to purchase a home at very affordable pricing. Homebuyers and investors alike continue … (0 comments)
investors: All Real Estate is local Maricopa County 2009 home sales continue to break records
- 04/23/09 07:30 AM
Today's Marketwatch headline: Existing-home sales fall 3% in March. Existing home sales in the greater Maricopa/Phoenix market continue to exceed 2008, breaking records; year to-date by 67.7%, in March by 79.8% and April to date at 79%. Current interest rates, the available distressed homes offered at prices from 2003 or earlier continue a trend that is making major inroads in the current inventory of single family homes. Today's inventory of single family homes is approximately half of the inventory on January 1, 2009. … (0 comments)
investors: Maricopa County Home Sales increase 10 times that of national market
- 03/23/09 06:23 AM
Today, the National Associate of Realtors advised that across the country existing home sales increased at a rate of 5.l percent from 2008. Here in Maricopa county sales of existing homes increased by 56%. Over 10 times the increase across the country. Today's low interest rates, investor and home buyers with available cash resources are making this a fast paced real estate climate for all home buyers. Please give me a call or simply send an email my way for prompt, courteous and timely information about our area, available properties and purchase of same. Thank you Phyllis Borchardt, REALTOR® , e-PRO … (0 comments)
investors: Maricopa County Home Sales increase 10 times that of national market
- 03/23/09 06:19 AM
Assocuiated Press WASHINGTON - Sales of existing homes rose from January to February in an unexpected boost for the slumping housing market as buyers took advantage of deep discounts on foreclosures. The National Association of Realtors said Monday that sales of existing homes grew 5.1 percent to an annual rate of 4.72 million last month, from 4.49 million units in January. It was the largest sales jump since July 2003. Sales had been expected to fall to an annual pace of 4.45 million units, according to Thomson Reuters. Here in Maricopa county sales of existing homes increased by 56%. Over 10 … (0 comments)
I just ran the numbers for the first 24 days of May. Home sales in Maricopa county continue to surpass the sales of 2008. For the 30 day period ended May 24, 2009 8,400 homes were sold. This was a 72.5% increase over 2008. With multiple offers in place for homes in this market the inventory of currently Active single family home listings in ARMLS numbers less than 28,000. In January we had over 60,000 listings. Is this a sellers market or what?
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