Scottsdale has a serious shortage of homes for sale right now. And cash buyers are out in droves. In 2011, 47% of the more 100,000 home purchases in Phoenix were cash transactions. I can talk through the past couple of days with you, just to illustrate the real situations that buyers are encountering. Buyer made [...]
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scottsdale market report
I was recently asked to share my experience with a relatively new national home search database provided to real estate agents who are members of the National Association of Realtors. Named Realtors Property Resource, or RPR for short, the database has an incredible amount of current and historical real estate information available. For me, RPR [...]
The number of active listings (housing inventory) continues to drop significantly in Scottsdale. On April 27, 2011, the number of active listings in Scottsdale was 2,623 and thirty days later, the number had dropped to 2,409. This equates to a reduction on 8.7% in that time period. Taking a longer term look, Scottsdale inventory for [...]
I haven’t done a market report on Scottsdale 85258, home to the “Ranches”…. McCormick, Gainey, and Scottsdale. In January, I posted this same chart in the post: McCormick Ranch Real Estate – Least Distressed Area of Scottsdale. A few changes have occurred in past ten months, while some metrics stayed the same. What you will [...]
Yes, Scottsdale home sales have been increasing fairly dramatically, up 31% from June 2008. Over 400 homes sold last month, compared just over 300 in the same month last year. From the sales graph, you can see, that sales per moth have been increasing dramatically since January. However, the late winter and spring months are [...]
