|
||||||
|
Courtesy of Barb Savoy-Pacella, ABR, CNRS, CHMS Director Business & Career Development ~ Keller Williams Arizona Realty The Phoenix market certainly has it’s ups and downs, but one thing has been VERY consistent over the past year. Properties listed over $400,000 only account for 7% of what has been selling for the past year. In the [...]  It appears as though we have another week of “the good, the bad, and the ?” The good The absorption rate Valley wide in all price ranges is 28.4%. The bad The absorption rate drops into the teens [...] Courtesy of Barb Savoy-Pacella, ABR, CNRS, CHMS I hate to sound like a broken record (if you are under the age of 35, records were vynil discs that were used to store music prior to CDs, i-pods or MP3 players, and they sometimes became broken or scratched and [...] Courtesy of Barb Savoy-Pacella, ABR, CNRS, CHMS Director of Business & Career Development ~ Keller Williams Arizona Realty ~ www.PacellaGroup.com The Market Optimism May be Contagious! As reported by Peter Corbett in the Arizona Republic on April 15th, according to a University of Arizona forecast, the Valley’s new-home market is on its way to recovery. The UofA Economic [...] Courtesy of Barb Savoy-Pacella, ABR, CNRS, CHMS Director Business & Career Development ~ Keller Williams Arizona Realty The Phoenix Metro Area market continues to show signs of strengthening and reason for optimism. The average rate, Valley wide, at which the market is absorbing active inventory is 26.9%. That number is considerably higher in the price ranges under [...] Courtesy of Barb Savoy-Pacella, ABR, CNRS, CHMS Director Business & Career Development ~ Keller Williams Arizona Realty. www.PacellaGroup.com The market trend still appears to be positive news for the Phoenix area. This information is based on data pulled directly from the Phoenix area MLS. The Valley is holding steady with 93% of sales continuing to be under [...] Courtesy of Barb Savoy-Pacella, ABR, CNRS, CHMS ~ Director Business & Career Development for Keller Williams Arizona Realty ~ www.PacellaGroup.com. Avoiding anything unforeseen, the current market conditions appear to be improving. You may have noticed that I have been watching the appreciation forecast weekly. It’s hard to believe that last year at this time it was -43.5%. [...] Courtesy of Barb Savoy-Pacella, ABR, CNRS, CHMS For the past year, we have seen consistently month over month that 93-94% of all properties selling in our market are listed under $400,000. That is still holding true. As we know, the number of foreclosures listed has decreased, but the number of [...] Courtesy of Barb Savoy-Pacella, ABR, CNRS, CHMS Director Business & Career Development Keller Williams Arizona Realty There are good reasons to be optimistic about the Phoenix market. There are signs that the light at the end of the tunnel may not be a train. It’s not a surprise that: Courtesy of Barb Savoy-Pacella ABR, CNRS, CHMS This week appears to be a good news/perhaps not so good news week in the market. The good news is that the totals for notice of trustee sale for the month of January are in. In Maricopa County 6,762 notices were served [...] |
||||||
|
Copyright © 2012 Buying Arizona Real Estate - All Rights Reserved. Blog owner Tony Pomykala is a licensed Arizona Real Estate agent with Sunrise Investments. equal housing opportunity |
||||||
Loading ...
Recent Comments