Category Archives: Market Conditions
Active listings in Phoenix are hard to come by
I have quite a few active buyers that are currently looking for homes to purchase in and around Phoenix. They are growing increasingly frustrated due to the difficulty to find a home to purchase. As 2011 came to a close, I … Continue reading
Posted in Market Conditions
Leave a comment
Highs and Lows of the Phoenix Realtor
I have wanted to write a blog post for a few weeks but to be honest; I haven’t because I just do not have anything nice to say when it comes to real estate or Phoenix in general. We have … Continue reading
Posted in Market Conditions, Random Thoughts
Leave a comment
Phoenix sales are up, Inventory is down
Contrary to mainstream media reports that the housing market is in the toilet and you can get homes for pennies on the dollar, I am here to tell you firsthand that The Phoenix Metro Residential Resale Real Estate Market has mirrored our temperatures … Continue reading
Treasury Releases Updated Guidelines for HAFA Program
Once again the government has figured out the the Home Affordable Foreclosure Alternatives (HAFA) program is not working. As a result, they have updated their guidelines in regards to short sales. The highlights are as follows: HAFA no longer requires that servicers … Continue reading
Posted in Foreclosure/Short Sales, Legislation, Market Conditions
1 Comment
Things to know about buying a home now
I received a newsletter from Mike Moshofsky at Prime Lending with a great outline of things to consider if you are thinking of buying a home now. Here is the outline: With the start of the new year, there’s lots … Continue reading
Poll: When will Phoenix home prices return to 2003 levels?
The Phoenix Business Journal took a poll of their readers to get their thoughts about when they think the Phoenix real estate market would return to 2003 levels. Some felt the recovery is under way, but the majority of the respondents agree with the experts and … Continue reading
Posted in Market Conditions
Leave a comment
ASU August Housing Report: Phoenix “Gloomy”
I wish I had some good news to report in regards to the Phoenix Residential Resale Market, but unfortunately I do not. W. P. Carey School of Business at Arizona State University reports on the Phoenix Housing Market on a monthly … Continue reading
Arizona Regional Multiple Listing Service (ARMLS) Reports thru August
In an effort to keep my past, present, and future customers up to date on the Phoenix Residential Real Estate market, below are links to the Arizona Regional Multiple Listings Service (ARMLS) September reports. These reports contain the numbers thru the previous month. … Continue reading
National Home Prices flat in July
Yesterday CoreLogic released their monthly Home Price Index. According to the report, nationally prices remained flat in July while transaction volume declined. It was the first time in five months that no year-over-year gains were reported. Mark Fleming, chief economist … Continue reading
Poll: Is it immortal or unethical for homeowners to walk away from their mortgage?
Every week I receive an e-mail from the Phoenix Business Journal highlighting stories about the residential real estate market in Phoenix. Today I received a link to an article with a poll asking for comments as to whether people think … Continue reading
