Over the past several weeks, we have been seeing close to record homes sales in Scottsdale. Sales are significantly higher than the lows of 2008 and approaching the levels of 2004-2005. Plus, the typical January decline was not nearly as significant this year. So, to answer the question: Is now the time to list and [...]
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photo credit: quinn.anya Just in. The title of the Newsweek article is : Want to Sell Your Home, Lower Your Price And it gives Scottsdale some press that may not be the best, but to me, it’s a sign that Scottsdale is now on its way to recovery too. Prices will need to drop quite [...]
photo credit: Dru Bloomfield – At Home in Scottsdale I’ve been pretty quiet on the blog-front this past month and a half. However, it’s been six weeks of massive action, and an introduction to the world of bank-owned (REO) properties, where the majority of home buying and selling appears to be occurring in the Phoenix metropolitan [...]
Scottsdale home condo are starting out 2009 in a real estate market that is tilted in their favor. Not quite to the extent that single family homes are, but none the less, a buyer’s market. In the following charts, I’ve shown prices for both 2007 and 2008. Listing prices started dropping off in fall 2007, and continued until mid-summer of [...]
It’s still hot in Scottsdale. Yet, buyer interest is up. My email box is filling up, my phone is ringing, and I’m seeing more open house signs out on the weekend. In a few more weeks, and we will be heading straight into the fall home selling season, typically the second busiest time of the year, [...]
I had a pleasant surprise in my weekly report from Altos Research for Scottsdale, Arizona 85258. McCormick Ranch and Gainey Ranch are two of the major communities in this zip code. Median home list prices are rising. The number of houses on the market is decreasing. The time to sell is also decreasing. Still a buyer’s market, [...]
Home prices in Scottsdale vary widely, and follow a pattern of more affordable in the south, to more expensive in the northern most communities. For home buyers moving to the area, it’s eye opening to see just how many different price ranges of homes there are in a town that seems to be known for [...]
