This graph shows the average SOLD price over time. Do you see the low dip and now the slow rise in selling prices? Does this act as evidence a bottom has already happened? Do you think the market has stabalized? Leave a comment and let me know!
Also interesting is the Days on Market (DOM). The [...]
Have we reached the bottom of the nasty green pool that has been the Phoenix Real Estate market for the past 3 years?
I have been so busy with home buying clients I have not had the time to write 1 new post in the past month! Shame on me. Typically this blog is updated at least [...]
Buying a home vs. renting is a big decision that takes careful consideration. For many years, purchasing real estate was considered an extremely profitable investment. Over the past view years many have held off, due to the Housing bubble burst and the declining market values due to the historic credit crisis.
Here is a recap of homes I have been showing clients recently.
$75,000 - PICTURE BELOW. This is a 3 bed 2 bath home built in 2004. It has 1,300 square feet. It is located in Florence, AZ which is South of Queen Creek. It is a bank-owned foreclosure in good condition with a view fence [...]
by Catherine Reagor - Oct. 18, 2008, The Arizona Republic
More than 7,000 homeowners facing foreclosure in the Valley are trying to sell their homes through a process known as a short sale, according to Arizona Regional Multiple Listing Service data.
But less than 5 percent manage to sell before lenders seize their houses.
The failure by banks and homeowners to [...]
Happy New Years!
I wanted to share 3 personal New Year’s Resolutions with you all. If you have one of your own you’d like to share, feel welcome to add a comment!
1. Invest in Real Estate. I hope to practice what I preach by taking advantage of the low low prices in the Phoenix [...]
Happy New Years!
I wanted to share 3 personal New Year’s Resolutions with you all. If you have one of your own you’d like to share, feel welcome to add a comment!
1. Invest in Real Estate. I hope to practice what I preach by taking advantage of the low low prices in the Phoenix [...]
Wednesday, August 19, 2009
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