Category: Market Analysis
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Mainstream Media Starting To Be Optimistic About Home Prices
The media can greatly influence the mood of the nation. That’s why even people who have had good financial fortune in the last few years still feel the recession. Time magazine published an article that makes the case for real estate being the investment to be in as the decade evolves. Falling home prices plus […]
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Marketing A Luxury Home In Arizona | You Need To Stand Out From The Crowd
A luxury home, one over $1 million for example, takes a touch more skill to get sold fast. Here’s some reasons why. Inventory: The Arizona Multiple Listing Service (ARMLS) does a great job of providing statistical data for both it’s subscribers, such as me, and for the general public. One of their monthly statistical publications […]
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Phoenix House Prices Rising
The Case-Shiller house price index is released on the last Tuesday of every month and provides a measure of house prices in 20 major markets. One of the markets measured is Phoenix. The sample area includes all of Maricopa and Pinal Counties so it includes cities such as Scottsdale, Paradise Valley and Carefree, Arizona. “In […]
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Don’t Try to Time The Market | Advice For Both Buyers and Sellers
Like many people I first came across Barbara Corcorran when she was one of the investors on the TV show Shark Tank. Since then I’ve been following the Corcorran group on facebook where they have about the best social media presence for any real estate broker. Here’s Barbara’s take on when the right time to […]
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Are Slowing Foreclosures Tightening the Supply of Housing Inventory in Arizona
Inman News is reporting that a slowdown in banks initiating foreclosure proceedings in five of the states hit hardest in the housing decline may be leading to falling inventories. Arizona In Arizona, foreclosure filings were down 6.5 percent from April to May, to 6,066, a 34.3 percent decline from a year ago. Sales to third […]
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Monthly STAT Report from ARMLS
Arizona Multiple listing service published it’s monthly STAT statistical analysis newsletter. It’s a good mix of pure stats and added analysis. Because I tend to operate in a smaller luxury market in comparison to the entire Phoenix metro area which is massive sometimes the stats of what I’m seeing locally don’t match exactly the trends published which […]