Market Analysis & Stats

Distressed Activity by Month – June 2011

Market Analysis & Stats

Each month I pull these charts together, and each month I hope to see obvious trends showing fewer distressed listings hitting the market and more sales of owner-occupied homes.  Unfortunately, the trends I’m hoping for have not yet materialized… Here are the charts showing the distressed activity by month – listings and sales – since [...]

7 July 2011 Read the full article →

Maricopa County Sales Charts – May 2011

Market Analysis & Stats

Here’s a look at the recent trends county-wide.  I’m pulling a rolling 13-month history so we can see the last year’s trends plus a comparison of this month to the same month last year. Specific Zip Code reports are now available!  If you’d like to see how the sales activity in your zip code compares [...]

17 June 2011 Read the full article →

Distressed Activity by Month – May 2011

Market Analysis & Stats

MOTS:  More Of The Same.  Lots of distressed activity. Good News:  Bank-owned listings, short-sale listings, and vacant listings are all trending downward.  (although the trend line is at a very shallow slope.) Good News:  Sales of all types are trending up – vacant, occupied, bank-involved, regular sellers.  Sales are outpacing listings. Good News:  (not in [...]

7 June 2011 Read the full article →

Moon Valley market update, 5-31-11

Market Analysis & Stats

Moon Valley is located in North Central Phoenix, and covers the mature neighborhoods between Thunderbird Road and Bell Road, and between 7th Street and about 15th Avenue. Homes for Sale/Sold in Moon Valley Active Listings: 7 homes (view these homes) AWC Listings: 2 homes (what is AWC?) Pending Listings: 7 homes Sold Listings, past 90 [...]

31 May 2011 Read the full article →

Rentals, Investors, and the Future of the Market

Market Analysis & Stats

Viewpoint 05/27/2011 Rentals, Investors, and the Future of the Market First of all, I need to come right out and say it – there will be some over-simplifying in this Viewpoint.  We’ll be discussing very complicated concepts with lots of variables and moving parts, yet this isn’t a Harvard reviewed journal – my goal has [...]

27 May 2011 Read the full article →

What happens at a foreclosure auction?

Foreclosures

A frequent question we’re asked here at The Phoenix Agents is about the process a home goes through when it transitions from being a short sale to a foreclosure.  Here’s the skinny. Typically, banks and mortgage companies will allow a homeowner many months to attempt a short sale. Sellers hire a Realtor who lists the [...]

18 May 2011 Read the full article →

Maricopa County Sales Charts – April 2011

Market Analysis & Stats

Here’s a look at the recent trends county-wide.  I’m pulling a rolling 13-month history so we can see the last year’s trends plus a comparison of this month to the same month last year. Specific Zip Code reports are now available!  If you’d like to see how the sales activity in your zip code compares [...]

12 May 2011 Read the full article →

Distressed Activity by Month – April 2011

Market Analysis & Stats

It’s another good news / bad news month, very similar to the last several months.  Good news is the distressed activity charts clearly show activity levels aren’t getting worse; bad news is the same charts show it isn’t getting much better, either. This post will have a lot of easy to read charts, and then [...]

9 May 2011 Read the full article →

New foreclosure filings at lowest rate since 2007

Foreclosures

… Could this be the beginning of the end? Maricopa County foreclosure filings have dropped to 4,418 properties in the month of April 2011. This is the LOWEST monthly total of new Notices of Trustee Sale since DECEMBER 2007. See more market statistics in Chris Butterworth’s monthly series, “Distressed Activity“ Heather Barr is a Realtor [...]

7 May 2011 Read the full article →

Desert Ridge Market Update

Market Analysis & Stats

The Desert Ridge area is located in the far North Central section of Phoenix, and covers several new-ish neighborhoods just north of the Loop 101 freeway, between Scottsdale Road and Cave Creek Road. Most housing in the Desert Ridge area was built between the mid 1990s and the early 2000s.  Almost all housing is wood [...]

30 April 2011 Read the full article →

Pleasant Valley – Neighborhood Spotlight

Market Analysis & Stats

Viewpoint 4/28/2011 Pleasant Valley – Neighborhood Spotlight Sometimes a single neighborhood can act as a microcosm for the city as a whole.  Yes, this is contrary to my normal disclaimer about market conditions varying greatly from city to city and neighborhood to neighborhood.  But hear me out.. Pleasant Valley is a medium sized subdivision in [...]

28 April 2011 Read the full article →