Phoenix Real Estate Blog

Real Estate Agent - Sterling Fine Properties - AZDRE# BR553129000
Knowledge is power. In that spirit, the MyPhoenixMLS Phoenix Real Estate Blog covers everything that's Phoenix-area real estate, with the goal of helping buyers and sellers navigate the market.



  Today will be my 371st blog.  Wow.  As I was reading in the New York Times about the roller-coaster ride that has been our housing market over the last several years, I thought, “Wouldn’t it be cool to celebrate my 371st blog with a look back at what I’ve been talking about since I began MyPhoe...
  Last Friday I posted on the fact that 26% of all mortgage defaults are “strategic” -- where the homeowner can afford the mortgage but chooses to walk away, most often because of negative equity (when the homeowner owes more on the mortgage than the home is worth). I ended with the question “Wha...
  It feels like I posted just yesterday on the topic of walking away from a mortgage, but I checked and it was in fact 2 weeks ago -- how time flies!  Nevertheless, I’m not a fan of belaboring points, but this one just keeps rearing its head -- in the blogosphere and in the mainstream news.  And ...
  The Associated Press reported today that the gap between the monthly mortgage payment on a median-priced home and the median monthly rent has shrunk from a $777 difference three years ago to $221 today (in other words, today, monthly rent payments are, on average, $221 less than monthly mortgag...
  I don’t really like to do two posts in a row about market statistics -- because it just feels too wonky.  But a recent news article about a possible light at the end of the tunnel forces me to do two statistics blogs in a row.  The day before yesterday, I wrote about what home sales volumes and...
  Read on for a snapshot of what went on in the Phoenix area real estate market in June.  Enjoy! What specifically happened last month/quarter in this market? A total of 11,820 resale homes sold in Maricopa County in June, up 18.4% from May and 50.8% higher than in June 2008.  Of the homes sold, ...
I've blogged before about whether walking away from your mortgage is okay. It's clearly an incredibly subjective question -- what is one person's smart move is another's moral outrage. The smart move/moral outrage debate has been raging in the blogosphere so it's been on my mind lately. It's the ...
July may be one of Phoenix's hottest months, but there's no shortage of cool (figuratively and literally) activities. Read on. . . (And thanks as always to for the listings!) For information about what's going on in Phoenix on the Fourth of July, read Monday's blog. 4th Friday ArtWalk W...

Bob Stahl

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