Showing posts with label Phoenix Property Sales. Show all posts
Showing posts with label Phoenix Property Sales. Show all posts

Wednesday, June 24, 2009

Phoenix Arizona - Now is The Perfect Time to Make Your Move!


Phoenix Arizona - Now is The Perfect Time to Make Your Move!

Phoenix Arizona is one of the most popular cities in the United States, and it’s no wonder. If you are considering

a move, contact an experienced and reputable real estate agent now, while the time is right. There has never

been a better time to buy!

This beautiful area is full of opportunities, and is the perfect place for your family. There is never a shortage of

things to do with activities for the entire family to enjoy. Golfing, hiking, biking and just a few things you can

enjoy in our gorgeous warm weather. There are plenty of recreational parks and things to do at night as well.

In Phoenix, it seems like the sun never goes down.

Why should you consider Phoenix if you are considering buying a home or property? Supply and demand are

leaning in your favor right now. Prices are super low, and the number of homes available is climbing. Interest

rates are low, and banks are ready to lend if you qualify. A realtor that is familiar with the area can help you find

homes and properties that are perfect for your family.

Another positive about this area is that the unemployment rate is moderate, and Arizona is a prime area to live

and work in. Also, there are currently some great tax breaks for buyers. The area is one of the prime

destinations in the United States for many reasons. Beautiful landscapes, lots of activities and home prices that

are lower than we have seen in years are a few reasons so many people call Phoenix home.
When you are considering a move for your family, there are many things you want to know. An Arizona realtor

that knows the area well and has represented buyers for years can help you choose the right neighborhood with

all of the amenities you are interested in. They can give your information about schools, shopping, crime rates

and more to help you make a well informed decision.

Are you considering a move for your family? Phoenix Arizona is a prime destination. Check with an experienced

real estate agent who can give you information about inventories available, price trends, and other crucial

information that will give you an indication of how the value of your home will hold up. This is one of the most

important decisions you will make in your life, so make sure you choose the right realtor.

Saturday, April 18, 2009

Phoenix and Scottsdale Housing Inventory is Reducing Quick

Inventory Level – Weekly Comparison



Statistics as of April 3rd, 2009


Positive trends continue to improve as the dynamic change in our market is still steady.

Single Family Detached home availability dropped 4% to 35,394. Closings experienced a strong upward trend in the last month at 7461 to decrease overall supply to 4 ¾ months. January of 2006 was the last time we were below 5 months supply.

A 10% increase was seen in pending sales in one week, as they continued to climb to 13,859!

The best marketing in the Valley at the present time are Phoenix and the West Valley, now at 3 ¾ months each. Close behind is the SE Valley at 4 ¼ months. These are definitely sellers markets!

A 50% increase in the number of pending sales over the last 6 weeks is a positive sign for Scottsdale. Under $ 1M market rose from 351 to 527, and we should begin to see an increase in closings soon.

Over $1M is at just over 3 years supply for Scottsdale! PV is at 7 years. Pendings have increased and the slow closing rate should improve for PV over the next 90 days.

Our market is continuing to experience rapid improvement. Media coverage should lean more toward the positive side soon. A headline on the front page of the Arizona Republic last Saturday was positive for a change!





MLS Statistics
Area Breakdown

Overall Market Since last week, inventories are down 4%. Active listings totaled 35394 with 7461 closings over the last month. This is approximately a 4 ¾ month supply.

Phoenix Since last week, inventories are down 5%. Active listings totaled 7880 with 2140 closings over the last month. This is approximately a 3 ¾ month supply.

West Valley Since last week, inventories are down 6%. Active listings totaled 8482 with 2218 closings over the last month. This is approximately a 3 ¾ month supply.

NE Valley Since last week, inventories are down 2%. Active listings totaled 5510 with 354 closings over the last month. This is approximately a 15 ½ month supply.

SE Valley Since last week, inventories are down 3%. Active listings totaled 8048 with 1848 closings over the last month. This is approximately a 4 ¼ month supply.

Scottsdale Since last week, inventories are down 2%. Active listings totaled 1423 with 36 closings over the last month. This is approximately a 39 ½ month supply.


Scottsdale under $1m Since last week, inventories are down 2%. Active listings totaled 2419 with 225 closings over the last month. This is approximately a 10 ¾ month supply.

Paradise Valley Since last week, inventories are down 1%. Active listings totaled 574 with 6 closings over the last month. This is approximately a 96 month supply.

Maureen Karpinski
Find your Phoenix Arizona Property at Cactus Country Arizona Homes & Properties