Showing posts with label Valley Wide. Show all posts
Showing posts with label Valley Wide. Show all posts

Sunday, July 29, 2012

Phoenix Valley Wide Market Update July 28, 2012

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Sunday, July 22, 2012

Phoenix Valley Wide Market Update July 21, 2012

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Friday, March 2, 2012

February 2012 Market Statistics

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Single Family Detached - Median Sold Price in Ahwatukee, Chandler and Gilbert


February 2012 Market Stats


Ahwatukee Chandler Gilbert
New 122 412 364
Pending 102 321 371
Sold 100 355 364
Current Active 277 867 904

As 3/2/12. Source armls. Information is deemed to be reliable, but is not guaranteed.

Wednesday, January 4, 2012

INSIGHT 2012 - The Arizona Real Estate Summit

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Attended a great event this morning at Ocotillo Golf Resort with great and honorable speaker Arizona Department of Real Estate Commissioner Judy Lowe gave us a insight and up coming plan of the department on this coming year.

The most interesting speaker, I personally think will be Michael Orr from The Cromford Reports. The tittle "AZ Statistics That Will Change Your Way of Thinking", how true is it?

Here are some market insight presented by Mike based on statistics for Greater Phoenix Market.



Foreclosure Summary
  • We are about 85% through the disaster
  • REOs are becoming an endangered species
    • Banks increasingly prefer short sales
    • 3rd parties becoming trustee's primary buyer
    • HARP 2.0 is proving effective for Arizona
      • A government program that actually works!
      • Fannie/Freddie loans only
      • 2012 will be a very different market
Predictions for 2012 (warning - these may or may not come true)
  • Phoenix will not behave like the national market
  • Case-Shiller Index for Phoenix will rise for the next 2 months
  • Supply shortage will get worse
  • Foreclosure levels close to normal by end of year
  • Distressed properties will get scarcer
  • Lenders will slightly ease loan underwriting
  • Buyer sentiment will improve
  • Builders will start to re-enter the market
  • Pricing will get more interesting.

Friday, December 16, 2011

Phoenix Valley Wide Weekly Market Update 12/16/11

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Sunday, December 4, 2011

Phoenix Valley Wide Weekly Market Update 12/2/11

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Wednesday, November 23, 2011

Phoenix Valley Wide Weekly Market Update 11/23/11

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Friday, November 4, 2011

Phoenix Valley Wide Weekly Market Update 11/4/11

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Friday, October 28, 2011

Phoenix Valley Wide Weekly Market Update 10/28/11

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