Category: Market Analysis
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Real Estate Pricing Pyramid
Today in small downtime from paperwork I decided to do a quick research on the relationship between price and days on the market. I came across something called the Real Estate Pricing Pyramid. As you can see from the Google image results above the pricing pyramid is a popular fellow! However the source, publisher, methodology […]
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Good News For The Housing Market
Everyone is looking for good news for the housing market. Validation that it’s not a bad time to buy. Or to upgrade. To invest in a renovation. With all markets, analysts look for indicators of market direction. Most tend to be lagging indicators. Evidence of a move in the market thats starts to appear only […]
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Signs of a Housing Recovery
If there is one question I am asked as a REALTOR in todays market by nervous looking potential home buyers its the following: Are there signs of a recovery in the housing market? It’s the magic question that everyone wants the answer to. Today I found the answer. A sign. A sign that clearly signals […]
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Paradise Valley Market Snapshot
This weekend I was in Paradise Valley. I was sitting an open house in the northern edges of PV. Just on the opposite side of the road from Gainey Ranch. One of the handouts I was giving to visitors was some stats on the Paradise Valley real estate market. Real estate isn’t only about statistics […]
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Paradise Valley | Real Estate Statistics | Inventory
When it boils down to it real estate like every other marketplace is driven by supply and demand. Paradise Valley is always going to be a limited supply type of market. It’s not very big. The homes are all on an acre, with a few exceptions and anomalies. But for a while during the housing […]
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Carefree Real Estate Statistic of the Day
Number of homes fully active for sale under $1 million: 77 Over $1 million: 37 Average list price: $958,077 Median List price: $678,450 You really need half million dollars in Carefree, AZ.