Sunday Stats

Phoenix-area real estate coming back soon?

Op Ed

A client who’s also a friend emailed me through LinkedIn the other day. He said, David: How’s the market going for you? Do you see residential real estate coming back anytime soon? Thought our readers might be interested in my answer. Heather: Sadly, no, I don’t see it coming back anytime soon. Earlier this year [...]

23 August 2010 Read the full article →

Sunday Stats, Sept 7 2009

Market Analysis & Stats

Another installment of the Sunday Stats, on Monday this week. Since it’s the Labor Day holiday – which we ironically celebrate by taking a holiday – today feels like Sunday, tomorrow Tuesday will feel like Monday for most of us, and when Friday arrives in 4 days instead of 5 it’ll be a great treat. [...]

7 September 2009 Read the full article →

Sunday Stats (on Tuesday)

Market Analysis & Stats

Sorry gang, stats are late this week. The level of buyer interest in buying has reached near-frenzy in some price bands, and ThePhoenixAgents team is kept hopping day to day. Click the charts to enlarge; use browser’s back button to return to the post. Note: this chart includes all areas covered by the Arizona Regional [...]

16 June 2009 Read the full article →

Sales activity is WAY up!

Market Analysis & Stats

Lately we’ve been talking and writing about the sales activity being up – mostly in the lower price ranges and bank-owned sectors of the market, and mostly anecdotal evidence.  That part about anecdotal’s about to change; take a look at the chart below: (click on the chart to see a full-screen view.) 2 things jump [...]

11 June 2009 Read the full article →

New Distressed Listings by Month – May 2009

Market Analysis & Stats

I’ve been pulling this chart for a few months now, and it’s nice to finally see a 2-month in a row decline in the number of new ‘distressed listings’. I do have to wonder how much of this decline is directly related to some of the banks’ moratorium on new foreclosures..  Is this trend for [...]

9 June 2009 Read the full article →

Sunday Stats, May 31, 2009

Market Analysis & Stats

Click all charts to enlarge; use browser’s back button to return The whole MLS: The ZIPs most often covered by The Phoenix Agents”: New this week, stats for the entire MLS by price band. The market is completely segmented these days, so I hope this will be interesting and useful for our readers. Lower price [...]

31 May 2009 Read the full article →

Sunday Stats

Market Analysis & Stats

(click chart to enlarge; use browser’s back button to return to article)   Changing up the color coding this week – so many ZIP codes are past “recovery” and in to “Seller’s Market!” that I’m abandoning the red-for-bad and green-for-good color scheme in favor of gray shading. Gray shaded boxes show ZIPs that are recovered [...]

24 May 2009 Read the full article →

Sunday Stats, May 10, 2009

Market Analysis & Stats

Sorry this is late. Weird, Sunday Stats on a Thursday. That’s what happens when the buyers start crawling out of the woodwork, drawn by unbelievable low mortgage rates, an $8,000 tax credit for firs timers and incredibly good home prices. Your blogging Realtors don’t blog as much because we’re busier than we’ve been since the [...]

10 May 2009 Read the full article →

Sunday Stats for April 25, 2009

Foreclosures

Here’s the chart for this week: (click to enlarge; use browser’s back button to return) The gray bands are new this week. They’re to highlight ZIP codes where the real estate market is balanced. Most folks in the biz generally agree that 6 months’ inventory is a “balanced” market. What this means is that if [...]

26 April 2009 Read the full article →

Northwest Valley Market Stats

Market Analysis & Stats

I’ve been reading quite a bit lately about the accelerated pace of sales, and how the market *may* be improving.  Taking a look at the numbers this morning bears that out – the numbers look terrific compared with 3 and 6 months ago.  That being said, I’ll stand by my earlier comments about the market [...]

20 April 2009 Read the full article →

Sunday Stats (a day late)

Sunday Stats

Stats are late this week, due to Easter dinner with the family.  In short your Honor, I blame the bunny. Here’s this week’s chart (click the chart to enlarge; use browser’s back button to return) I’ve done something this week that I should have done weeks ago: I flipped the color coding for certain ZIP [...]

13 April 2009 Read the full article →