Just finished reading a new post on the John Hall & Associates blog. Phoenix Real Estate Market by Tom Ruff Lots of good info that validates some of my experience with lender owned properties over the past month, plus brings to light some additional encouraging news about our local real estate market. Phoenix home sales are [...]
Posts tagged as:
market update
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 [...]
This chart pretty much says it all. As prices have decreased over the summer, single family homes homes have sold or been taken off the market. Condo prices have been falling steadily over the past year, and inventory (number of homes available for sale) started tapering off this past spring.
