Paradise Valley, Scottsdale & Phoenix Luxury REALTOR | Marta Walsh

Category: Market Analysis

  • Phoenix No Longer US 5th Largest City

    Data from the latest US census taken in 2010 has indicated that Phoenix lost it’s place as 5th largest city in the United State to Philadelphia. Arizona Republic reported on it’s ZA Central website that: Phoenix Mayor Phil Gordon often bragged that Phoenix was the fifth-largest city in the nation – a reflection of the area’s […]

  • Cactus Acres | Scottsdale, AZ

    Yesterday I was sitting an open house in a great area of North Scottsdale, a community called Cactus Acres. I get a lot of interesting feedback when I am in that area of town from people who really think its the best area of Scottsdale. Here are the reasons I get. The neighborhood mainly has […]

  • Is it a good time to buy real estate?

    People are always talking about the direction the property market is headed in. Everyone has an opinion, or else they want an answer. In truth no one can tell you for sure and certainly your REALTOR should not be giving you investment advice. That said you just can’t stop people talking about it. Today the […]

  • Percentage of Delinquent Mortgages Declining

    Finally some good news on the delinquent mortgage front in news from the Mortgage Bankers Association. The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 8.22 percent of all loans outstanding as of the end of the fourth quarter of 2010, a decrease of 91 basis points […]

  • Arizona Real Estate January Snapshot

    I received some market data from Tom Newell at First American Title today. In January in Maricopa county there were 5480 single family homes sold. The median price for a single family home was $119,000. Working in the luxury market it’s easy for me to forget sometimes the sheer volume of homes selling at our […]

  • Banks Demanding Higher Down Payments

    An interesting article today in the WSJ about the current state of down payments in the mortgage market. The median down payment in nine major U.S. cities rose to 22% last year on properties purchased through conventional mortgages, according to an analysis for The Wall Street Journal by real-estate portal Zillow.com. That percentage doubled in […]