I just published a post over at Click2AZ.com on the current foreclosure situation in the Phoenix Metro area. Mike Orr at the CromfordReport.com has done some number-crunching to keep us in the know. Is the REO bubble over in Phoenix? .
Mike Orr loves his numbers, even more than I do. Last week he published an interesting article on “shadow inventory” on his subscription site, www.CromfordReport.com. While I could add my two cents to Mike’s analysis, I think he’s done such a thorough job that I’ll include the full article. Shadow Inventory? Some analysts have written [...]
I’ve been working with a bank since the first of the year listing bank-owned properties around Phoenix and Scottsdale. According to some of the other professionals that I’ve worked with (namely locksmiths and contractors), I’ve seen the best and the worst of how prior owners treat their property. Two weeks ago, one of the homes in [...]
Mike Orr is continually monitoring the Phoenix real estate market, looking for changes. Earlier this week, he posted the following on his web site: This record is caused by an abnormally high number of pending listings (13,814) coupled with a very high monthly sales rate (9,630 today, or 9,249 as a rolling 7-day average). It [...]
The City of Scottsdale has scheduled a lecture on “design strategies incorporating Feng Shui basics and green design” for their Green Building program lecture series. While I’ve studied a bit about the philosophies of Feng Shui and green building practices, I never thought too much about marrying the two together. Sounds pretty interesting. Date: June [...]