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Phoenix Market Report – A Look Backwards Tells the Story 9/4/14

Phoenix Market Report – A Look Backwards Tells the Story 9/4/14    To get a perspective of where the Phoenix Real Estate Market is today it helps to take a look at the stats from previous years. The Average Cumulative Days on the Market indicator gives a unique perspective of how many properties finished the more »

Monthly Average Sales Price in Metro Phoenix for August 2014

Monthly Average Sales Price in Metro Phoenix for August 2014 The Monthly Average Sales Price is a good indicator that enables real estate professionals to guide others with the most available insight (whether that be in the form of a Buyer or Seller).  As the name indicates, this is an average of all sales made within more »

Months of Supply in Metro Phoenix as of Late-August 2014

Months of Supply in Metro Phoenix as of Late-August 2014 Months of Supply in the Metro Phoenix area may be a little deceiving, as it seems that the more supply that the market has, the worse off the market is.  That is true to an extent – as, when there is too much product of more »

When can I buy a home in Phoenix after a Foreclosure, Short Sale or Bankruptcy?

This past few years I’ve had quite a few people ask me when they can buy a house again in the Phoenix area after a foreclosure, short sale or bankruptcy.  Obviously the Phoenix Metro area was one of the hardest hit areas in the country with many people loosing their beloved homes.  Many folks were more »

Is a Final Walk Through Really Important when Buying a Phoenix Home?

Buying a Phoenix home is a process.  One of the very last steps of the process is doing a final walk through at the home with your real estate agent.   On occasion I have clients ask whether or not they really need to do a final walk through.   The short answer – YES!    At more »

Sales Month-to-Date by Transaction Type in Metro Phoenix – August 2014

Sales Month-to-Date by Transaction Type in Metro Phoenix – August 2014 Sales Month-to-Date by Transaction Type give the perspective of one particular month – specifically, August since this is the month that we are currently in.  This information allows for Real Estate professionals to not only realize the pricing of homes on the market, but more »

Agent Friendly Agents – Good Business Practice

Today while searching for homes for a new buyer I noticed an interesting trend in the agent remarks section. There were a number of agents stating  I RETURN PHONE CALLS!  Many of us would find it odd that an agent wouldn’t return phone calls, right?  Over this past 5 years or so this has become more »

Contract Ratio for Metro Phoenix – August 2014

Contract Ratio for Metro Phoenix – August 2014 The Contract Ratio is a monthly measurement that gives Real Estate professionals insight into what properties are being pursued by Buyers and at what price certain homes are selling for.  This information allows these experts the opportunity to better serve both sides of a transaction from either the more »

Monthly Median Sales Price in Metro Phoenix through July 2014

Monthly Median Sales Price in Metro Phoenix through July 2014 The Metro Phoenix area has seen the recovery of the different areas of the valley at different paces.  Typically, there are areas that improved at a greater rate than others – this could be for different reasons.  The most obvious being the most visited are more »

Under Contract – Weekly Average List Price per Square Foot through July 2014

Under Contract – Weekly Average List Price per Square Foot through July 2014 There can be a lot of determining factors that come into play when we look at the overall “well-being” of the Real Estate market in the Metro Phoenix area.  Often times, Real Estate professionals like to break down, categorize, and assign characteristics to more »

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