Category: Paradise Valley
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Real Estate Inventory Rising Steadily
The Cromford report are reporting total inventory now at 3.5 months supply. Where the normal range is considered 3.5 to 5.5 months of supply. Prices have risen recently because the months supply was below the norm. Less houses to choose from equals higher bids on the good ones. However these price rises have on a […]
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7 Biggest Price Reductions in Paradise Valley
Looking for a good deal? One thing to look at is th price drop from original listing price to current listing price. A big drop could be an indication of value and a motivated seller. In many cases it just means the owner has been chasing the market for a long time. 7 Biggest Price […]
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Paradise Valley Real Estate: Inventory Ready To Rise
Paradise Valley real estate shoppers haven’t had a lot of homes to choose from recently. Inventory had been at record lows for quite some time. The good news is inventory is most likely to increase from now on. 49 new listings were added in August as opposed to 37 in July. I predict September may […]
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Arizona Real Estate in Summer
This has been about the hottest week of the summer so far. For everything except real estate. What is the most feverish real estate selling season on the east coast is our quiet time. The Statistics 2012 July Listings Added July Listings Sold August Listings Added August Listings Sold 85253 54 48 14 7 85258 […]
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Paradise Valley Real Estate Report
The Phoenix Metro area is one of the stand out real estate markets as the nation recovers from the downturn. Prices have risen considerably since the bottom. But has this price gain trickled up all the way to the luxury market? The easiest test of the luxury market in Arizona is Paradise Valley. It is […]