Posts Tagged ‘ Area Home Sales ’

Housing Market Moving Forward

01/20/2012
By

Mike Orr was quoted in the Arizona Republic as saying that he believes the housing market in the Phoenix area hit bottom in September of 2011.  Mike Orr is the Director of the Center for Real Estate Theory and Practice for Arizona Statue University.    We are seeing multiple offer situations for many properties priced...

Read more »

Phoenix-area Housing Market Improving

01/09/2012
By

Below is a link to a recent article in the Arizona Republic.  We agree that the housing market has changed.    There are about half as many homes for sale currently as there were a year ago.  I don’t agree with Brett Barry’s statement that he thinks there are still a lot of foreclosures to...

Read more »

Phoenix area housing market gaining ground, new data show

07/08/2011
By

Phoenix area housing market gaining ground, new data show. TweetFacebookLinkedInTumblrStumbleDiggDelicious

Read more »

Phoenix Housing Market Is Changing

06/09/2011
By

I was talking with another real estate agent yesterday and he told me he had six offers on a property he had listed.  Since April, most of the time when we submit an offer for a buyer, the listing agent tells us there are multiple offers for the property and asks for our buyer’s...

Read more »

Positive Signs for Phoenix Housing Market

05/09/2011
By

There have been a number of positive signs recently for the Phoenix housing market. Sales were strong in both March and April.    In March there were 9941 closed sales and in April 9309 which was an increase of  0.8% over last year.  This is significant because last years April numbers were strong due to...

Read more »

Multiple Offers for Properties

04/18/2011
By

We are starting to see multiple offers being made on properties in the Phoenix area.  This seems to be particularly true for properties priced under $100,000.    There are a lot of people purchasing second homes and a lot of investors buying properties.  Prices are low enough that buyers are coming back into the market. ...

Read more »

Phoenix Area Home Prices Starting to Increase

05/27/2010
By

I just read an article from the Phoenix Business Journal regarding homes prices.    Everyone is always wondering when the real estate prices will have hit bottom.  That is something we can’t tell until prices have started to increase and we are past the bottom.  We have seen greater competition by buyers in the market place...

Read more »

Phoenix Area Housing Sales Increase in March

04/29/2010
By
Phoenix Area Housing Sales Increase in March

March sales of existing homes through the Arizona Regional Multiple Listing Service increased over last year by 18%. Some of this is attributable to the home buyer tax credit which requires a contract by the end of April. We have also seen a number of second home buyers from other states and Canada. Home...

Read more »

Housing Prices Stabilizing in Phoenix Area

02/25/2010
By

There have been several articles in the Arizona Republic lately regarding reports on the housing market.  It looks like we will hit the price bottom for houses sometime this spring and may have already hit it for foreclosures.  Here are a few quotes and some links to the articles. “Overall, the 20-city index (S&P/Case-Shiller...

Read more »

Homes Sales 2009 Results for Phoenix Area

01/15/2010
By

55% more homes were sold in 2009 than 2008 in the Greater Phoenix area through ARMLS.  ARMLS is the Arizona Regional Multiple Listing service and includes single family homes, townhomes, and condos  sold through real estate agents.  The number of listings available for sale at the end of 2009 were 16,574 less than at...

Read more »