Arizona Home Talk

Pending Home Sales up 7.4% in Aug.

  WASHINGTON - Pending home sales rose 7.4 percent from July to August, an unexpected piece of positive news for the battered U.S. housing market. The National Association of Realtors said Wednesday its seasonally adjusted index of pending sales for existing homes rose to 93.4 from an upwardly revised July reading of 87. The reading was the highest [...]

How’s the Market?

Thanks to Grady Young of Security Title Agency for providing this data.  His team at Security Title Agency are the best in the business in my opinion.  www.SecurityTitle.com - they make your home sale/purchase legal:)

2002-2007 - What happened in my zip code?

Curious what today’s market means for your zip code or neighborhood? Look at this example of the Real Estate Market in Gilbert, AZ zip code 85234 (NW Gilbert).  Notice the incredible run up in prices during 2005 when supply and demand favored sellers?  Now notice the correction going on today. If you’d like to have one [...]

Good New for all Buyers, Good News for Gilbert Sellers.

Gilbert home resales rise as prices fall Kerry Fehr-Snyder The Arizona Republic Mar. 11, 2008 11:40 AM First, the good news:  The number of single-family homes resold in Gilbert increased to 265 in February from 230 the same month last year. Now the bad news:  The town’s median, or middle, sales price fell to $254,700 from $307,500 for the February [...]