I had two phone call back-to-back this week. Both potential buyers said that they only wanted to look at short sales and foreclosures Scottsdale. While I tried to explain the realities of the current Scottsdale real estate market, I don’t think that buyers understand just how few houses are for sale, and how many buyers [...]
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short sale
I’ve been talking to lots of people lately. Meeting new folks, who are not necessarily in real estate and get their information from the news, mostly. And, once they find out I’m in real estate, they offer condolences and then start pumping me for information. People do love real estate, and they do love a [...]
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 [...]
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, [...]
A quick update on the short sale and foreclosure situation in Scottsdale, courtesy of the Cromford Report. Compared to the rest of the Phoenix area, Scottsdale is in good shape. For instance, the Distress Index for Chandler is in the red zone at 49.3, and Phoenix is clocking in at 69.7. The only city that [...]
