Today, I was out showing houses and several small snow flakes hit my windshield. My passengers, home buyers who’ve lived in the Phoenix area for 30 years, were so excited. And then, a few minutes later, as I was opening up a house to show them, a guy driving down the street stopped to make [...]
December 2010
photo credit: TheTruthAbout Fletcher Wilcox from Grand Canyon Title Agency recently emailed me a report for the Phoenix Metro area, “Should You Rent or Buy a Single Family Home?”, where he has analyzes and answers the question: Is it cheaper to pay rent on a single family home or pay a mortgage on a single [...]
Merry Christmas! I love hearing the Hallelujah Chorus and seeing so many join in at this spontaneous event feels so good to me. I hope you enjoy. Scottsdale Arizona ‘Hallelujah Chorus’ Flash Mob, grows like wildfire On December 22, 2010, Scottsdale, Arizona was home to one of the most inspiring flash mob performances around the country. [...]
I took yet another short sale class yesterday. The first short sale class I took two years ago focused on explaining what a short sale is, and over the years content has evolved to how to close short sales, along with all kinds of tips, tricks, and tools. Yesterday’s class was an eye-opener. The title [...]
I was looking at Scottsdale Inventory Levels (the number of houses for sale) today. This chart is showing that at the annual sales rates, it would take 259 days, or 8.6 months, to sell all of the currently listed single family homes. Definitely a buyer’s market. However, the inventory level doesn’t tell you how long [...]
Would love to see some improvement in Scottsdale home prices. Buyers still have the advantage in this market. Average Sales Price per Square Foot in November 2010 was $167.72, down 7.7% from November 2009. This figure is just a few dollars higher than September and October of this year, but not enough of a change [...]
