Real Estate Investing Tools

Something Stinks in this Bank Home Foreclosure in Phoenix Arizona

December 13, 2011

As of December 2011 there are 19,000 homes for sale on the Phoenix real estate market (see: Phoenix real estate listings by month). About 2,300 are bank home foreclosures, otherwise known as REO’s (real estate owned). Many REO properties need some work and that is expected. Others need lots of work and cause potential buyers [...]

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Record Home Sales Phoenix Real Estate Market: June 2011

July 10, 2011

The Phoenix real estate market set a new record in June 2011 with over 10,800 residential home sales. The previous record for home sales, which stood for six years, was set in June 2005 with 10,216 recorded residential housing sales. This is great news for home sellers, but not so good news for home buyers [...]

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Phoenix-Scottsdale AZ real estate listings down for 9th month

July 5, 2011

Have you been watching the metropolitan Phoenix – Scottsdale AZ real estate listings (Search Phoenix Real Estate) in the Arizona regional MLS? If you’re in a position of either ‘giving or looking for’ real estate financial advice for Phoenix Arizona you will be interested to know home listings have declined 17,781  over the last nine [...]

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4th highest sales month reported by our Phoenix Housing tracker

June 9, 2011

Our Phoenix housing tracker reports the 4th highest residential home sales month in the history of our local real estate market. There were 9,913 home sale recorded in the Arizona Regional MLS for the month of May 2011. May 2011 replaced April 2011 as the 4th highest sales month in our history. The highest number [...]

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4th Highest Sales Volume in Phoenix Real Estate Market: April 2011

May 7, 2011

Home sales in the Phoenix real estate market made the news again. Our housing tracker reports that sales of  Arizona MLS home listings reached 9,492 in April 2011. This is the fourth highest home sales month in the history of our MLS. The article in our Phoenix housing tracker from last month reported that March [...]

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Cash is King or the Norm in Phoenix Arizona Investment Real Estate?

May 7, 2011

The bar for investment real estate in Phoenix Arizona has been raised. Our housing tracker reports that cash buyer’s in 2011 have quadrupled from historical trends, as noted in information obtained from the Cromford Reports. Investors who bought property for cash almost always had advantage over home buyers who were obtaining mortgage financing. Historically, less [...]

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Phoenix Real Estate Property Listings continue 7 month decline: May 2011

May 5, 2011

Phoenix real estate property listings have entered their 7th consecutive month of declines. At 27,075 property listings  (seen in red on the chart), Arizona MLS homes/listings are now at a 5 year  low point. To give a historical perspective, listings averaged around 25,000 when I first became a Realtor in1999. Let me make a distinction [...]

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3rd Highest Sales in History of Phoenix Real Estate Market: March 2011

April 6, 2011

Our Phoenix housing tracker shows a near record sales volume in the Phoenix real estate market for March 2011. Nearly 10,000 MLS homes/listings were sold making this the third highest sales volume in the history of our market. The sales significantly reduced real estate property listings to begin April 2011. The chart  (shown in green) [...]

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Phoenix Real Estate Property Listings continue to decline: April 2011

April 3, 2011

At the beginning of April 2011, Phoenix real estate property listings have continued their downward trend for the sixth consecutive month. Our Phoenix housing tracker chart illustrates the 9,047 property drop in Arizona MLS homes / listings. There has been talk about “shadow inventory” for at least the last 16 months or more. Shadow  inventory [...]

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Choosing a Commercial Realtor

October 28, 2010

During the heyday of the residential real estate market boom a few years ago many investors were exclaiming: “why should I hire a realtor to sell my property and give him 6% of the sales price when I can just as easily sell the property myself and keep that money in my own pocket?” This [...]

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