I had this grand blog relating concepts of physics to real estate and ran the idea by my obliging husband to get his opinion. I started out talking about the difference of velocity (how fast something is going) and acceleration (the rate at which the speed is changing), and then began relating it to the [...]
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phoenix real estate market
This is the June update I promised a couple days ago. April 2009 – Seller’s market (<5 months inventory) exists below $175K. Buyer’s market (>7 months supply of homes) starts at $275K. May 2009 – Seller’s market exists below $225K. Buyer’s market starts at $350K. June 2009 – Seller’s market exists below $350K. [...]
Mike Orr is continually monitoring the Phoenix real estate market, looking for changes. Earlier this week, he posted the following on his web site: This record is caused by an abnormally high number of pending listings (13,814) coupled with a very high monthly sales rate (9,630 today, or 9,249 as a rolling 7-day average). It [...]
