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 [...]
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homes
Scottsdale is one of those long, skinny towns that has very definite north, south, and central neighborhoods. Prices tend to increase, from south to north. Today, I’ve created some charts (with the help of Altos Research) to show the current differences in these varying markets. Current median list price for South Scottsdale (85257) has dropped down [...]
In reviewing the Cromford Report this morning, I stumbled on the fact that the Scottsdale zip code, 85258, is experiencing the least stress in today’s real estate market. While it’s still in the Caution zone, compared to other areas of Scottsdale and the Phoenix metropolitan area, the area that’s home to McCormick Ranch and also, [...]
Earlier this week, I attended our John Hall & Associates 2009 kick-off, and Jim Sexton presented some very interesting real estate statistics that show our market is changing, again. Phoenix Area Real Estate Statistics – Jan 2009 View SlideShare presentation or Upload your own. (tags: 2009 report) I’ve included the full slide show, and invite [...]
Believe it or not, you can buy real estate in Scottsdale for under $100,000, especially in today’s market. Granted there are not many homes in this price range, when compared to the whole Scottsdale market, but they are available. Twenty eight homes, primarily condos, have sold in the city at these entry level prices, since the first of [...]
