Distressed Activity by Month – November 2011

Market Analysis & Stats

THE GRAPH HAS INVERTED!  There are some significant changes to the graphs this month.  Finally!  (my thoughts below the charts) (Click on any chart to see a larger version.) Listings First – Here are the new distressed listings hitting the market each month going back to January 2009, broken out by different types and views. [...]

15 December 2011 Read the full article →

Maricopa County Sales Charts – November 2011

Market Analysis & Stats

This month’s charts look good, especially for this time of year.  # of Sales is down a little bit, but that’s just seasonality – it’s actually higher than it was a year ago.  In addition, Average Sales Price and Average $/Sqft are trending upwards, while Average Days on Market is trending downward.  All good signs. [...]

13 December 2011 Read the full article →

Distressed Activity by Month – October 2011

Market Analysis & Stats

I like the look of these charts!  (Best trending we’ve seen in 3 years..) This post will have a lot of easy to read charts, and then I’ll write up a couple thoughts at the end.  I hope you enjoy it… (Click on any chart to see a larger version.) Listings First – Here are [...]

22 November 2011 Read the full article →

Maricopa County Sales Charts – October 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. While the number of homes sold is following its seasonal trend downward in the fall, it’s still up 17% from the [...]

21 November 2011 Read the full article →

Market Analysis & Stats

Market Update through the end of October 2011. Please note that the Valley Wide graph represents all of the MLS. (you can click on the chart to see a bigger version) This chart shows you the percentage of distressed properties that are being listed and sold. Short Sales represent 29% of the Closings for October [...]

21 November 2011 Read the full article →

Phoenix area housing statistics

Investors

Here are a few charts from the Cromford Report website that show the most current statistics on the Phoenix-area housing market. All figures are for metro Phoenix Arizona through the first 10 days or so of November 2011, and all types of housing (condo, detached home, patio/town home) are included. These are charts for Days [...]

15 November 2011 Read the full article →

Email Question – How much fixing up is too much?

Buyer Help

Question: Is it worth putting in some work on the houses or should I just run away? How much fix up is too much? Answer: There isn’t an exact science about how much is too much.  It’s all very personal and very dependent on the ability (financial, emotional, and hammer-swinging) of the person doing the [...]

7 November 2011 Read the full article →

FHFA’s new program to help underwater homeowners

Better Life

Today the Federal Housing Finance Agency announced a new program designed to help even more underwater homeowners refinance their mortgages at today’s low rates. The plan hopefully will allow homeowners to lower their monthly mortgage payments, thus freeing up money to be spent in the broader economy and help the US from slipping back into [...]

24 October 2011 Read the full article →

Maricopa County Sales Charts – September 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. As far as trending, nothing much to report.  I don’t see anything in this month’s charts that makes me sit up [...]

19 October 2011 Read the full article →

Distressed Activity by Month – September 2011

Market Analysis & Stats

Lots of information showing we’re heading in the right direction, but we’re still a long way from “recovered.” This post will have a lot of easy to read charts, and then I’ll write up a couple thoughts at the end.  I hope you enjoy it… (Click on any chart to see a larger version.) Listings [...]

17 October 2011 Read the full article →

When can I buy again after a short sale or foreclosure?

Buyer Help

This is from one of our favorite lenders, Jeannie Bolger at Nova Home Loans. Don’t despair! You can buy after a short sale or foreclosure. Plus Jeannie and her staff will help you repair your credit during the waiting period. Heather Barr is a Realtor and a happy workaholic. She eats more than someone her [...]

7 October 2011 Read the full article →

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