investment: Real Estate prices are up, according to the Arizona Republic.
- 05/22/10 12:40 PM
Real Estate prices are up for single family homes in the Phoenix Valley but you could have missed it if you hadn't read the end of two articles buried on page D-2 of the Wednesday and Thursday editions of the Arizona Republic. As I have been saying for some time now, prices bottomed out in March of 2009. On Wednesday we learned that Phoenix is one of 91 major cities out of 152 nationwide to post an increase in home prices during the past year. This National Association of Realtors survey showed that prices of existing homes climbed 9.1% in the … (1 comments)
investment: Add Value to Your Home by Remodeling
- 02/20/10 10:39 AM
Clients often ask me which home renovations, remodels and improvements will add the most value to their home when it comes time to sell. More accurately, the question is: which projects will provide the best return on investment (ROI). I have opinions, of course. But now I have some facts to back those opinions up.
In the January issue of Realtor magazine, an article entitled "Small Projects, Big Bang" summarizes the results of the Remodeling Cost vs Value Report 2009-10. The report outlined a number of different home improvement projects, costed them out in different metropolitan areas around the US … (4 comments)
investment: The Real Estate Market Continues to Recover - August 2008
- 08/15/08 08:07 PM
By The Numbers Inventory (supply) down: For the fifth straight month, total inventory has dropped. We are still in the 50,000s and although this is still high, the trend is down. Sales (demand) up: Closed sales for June are above 6,000 and are double what they were per month during the slump in 2007. Forecast: Pending sales for August are still around 7,000, so it is safe to conclude that the downward trend will continue. The absorption rate (time to clear out the current inventory) has dropped to 9 months from over 20 months in 2007. The last time we saw … (0 comments)
investment: The Real Estate Market Continues to Recover
- 07/18/08 07:55 AM
By The Numbers Inventory (supply) down: For the fourth straight month, the total inventory has dropped. We are still in the 50,000's which is high but the trend is down. Sales (demand) up: Closed sales for June are close to 6000 and double what they were per month during the slump in 2007. Forecast: pending sales for July are above 7000, so it is safe to conclude that the trend will continue. The inventory at the current absorption rate (time to clear out the current inventory) has dropped to 9 months from over 20 months in 2007. The last time we … (0 comments)
investment: Tempe Luxury Condo Tour in Downtown Tempe!
- 12/07/07 08:08 AM
On Saturday morning, November 17th, we toured Downtown Tempe Luxury Condos as a group of investors from The Walsh Team's Millionaire Real Estate Investor (MREI) seminars. We first toured the Bridgeview at Hayden Ferry Lakeside complex on the south shore of Tempe Town Lake. These condos are quite luxurious, with spacious and sophisticated one-bedrooms starting at just over $600,000, and three-bedrooms topping out at just over $1.5 million. These units sport spectacular views of the lake, cityscapes, and Arizona State University. This complex is next to the Suncor business center and a soon-to- be- built boutique hotel. Just over 60 units … (2 comments)
Real Estate prices are up for single family homes in the Phoenix Valley but you could have missed it if you hadn't read the end of two articles buried on page D-2 of the Wednesday and Thursday editions of the Arizona Republic.;)
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