I thought this chart was interesting:
chart credit to CalculatedRiskBlog.com
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Good news – we’ve been moving sideways for about a year now, maybe a bit longer.
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Bad news – 14%..! That’s approximately 1 out of every 7 mortgage loans in the US in some state of delinquency.
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Good news – we saw the worst of the unemployment in 2009, as UE spiked from 5% to 10%, and yet we didn’t see a corresponding spike in distressed mortgage loans. (… yet?)
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Bad news – “real unemployment” is much higher than 10%, and isn’t showing signs of decreasing anytime soon.
Are we is a state of consistency right now, or will we see another upward trend over the next year as a result of the consistent high unemployment economic environment we’re in?
That’s the billion dollar question…
Your wishes he knew the answers Realtor,
Chris Butterworth
Chris Butterworth spends more time analyzing statistics and reading economic reports than is healthy. He's also a husband, father, writer, and amateur photographer. In his spare time he trained for and competed in his first triathlon.
Tagged as:
Sunday 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 with the county as a whole, just send me an email with your name, email address, and zip code. (to chrisb@thephoenixagents.com) I’ll add you to our zip code mailing list, and you’ll receive your zip code report via email each month.
and now, on to the reports. (click each chart to embiggen)
Number of Homes Sold by Month
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Avg Sold Price
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Avg Price per Square Foot
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Avg Number of Days on Market
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** The data for all these charts was pulled from the Arizona Regional Multiple Listing Service, and is thought to be accurate but is not guaranteed. Please do not make any life-changing decisions based solely on the information contained herein.
Questions, comments, suggestions? Please give us a call/email anytime – we’d love to hear from you!
Your keeping an eye on the trends Realtor,
Chris Butterworth
Chris Butterworth spends more time analyzing statistics and reading economic reports than is healthy. He's also a husband, father, writer, and amateur photographer. In his spare time he trained for and competed in his first triathlon.
Tagged as:
Sunday Stats
