Here’s the latest Phoenix real estate market report from The Cromford Report™ which includes some very positive info on sales prices. Stable below $300,000, and on the rise in higher price ranges. Cromford Report – Monthly Market Review – Jun 28, 2011 Market Headlines Supply continues to fall, though rather more slowly in the ranges [...]
June 2011
Did you know that the City of Scottsdale has: 41 public parks encompassing 941 acres 4 public swimming pools 105 miles of bike lanes 67 miles of paved paths 143 miles of non-preserve trails. Learn more about Scottsdale here Scottsdale Parks and Recreation: City of Scottsdale Parks & Recreation Classes: Lots of choices, great instructors [...]
I love this time of year. A few clouds in the Scottsdale sky can create a really striking sunrise. That is even more beautiful, in real life. No thunderstorms in the forecast, but it’s just a matter of time. Soon. More sunrise photos from Scottsdale: From Facebook and Flickr And a few posts about monsoon [...]
Over 9,000 homes sold in the greater Phoenix metropolitan area in each of the last three months. Approaching levels seen in 2005. I just heard of a buyer who lost out on a Scottsdale home that was listed at $435,000, received multiple offers over list, and sold for $485,000 with the appraisal contingency waived. Déjà [...]
Our Phoenix Metro real estate markets have been much more vibrant than most of the rest of world has realized. Ask anyone currently looking to purchase home listed at under $250,000. The chart above shows just small the supply is for homes in the lower price ranges. Less than 3 months supply in many cases. [...]
I’m been working with a buyer, who is purchasing a home with FHA financing. An investor bought the home at a trustee sale less than 90 days ago, renovated it, and then listed the property for sale. Because the buyer’s offer was accepted in this 90 day window, there are several FHA guidelines that must [...]
One question that I commonly get when a Scottsdale home owner is ready to list his or her home for sale is “How will you market my home?” The answer is straightforward. On-line. That’s where the buyers are. Current stats show that 85-90% of today’s buyers are looking online. From my personal experience, today’s buyers very much want to [...]
