According to official stats published by the Arizona Regional MLS, which covers all of the Greater Phoenix area, the residential housing market continues to show good momentum. While overall trends remain positive, we’re still seeing some up and down ‘bouncing’ from month to month.
Entries Tagged as 'Housing stats'
Continued Signs of Improvement in Greater Phoenix Residential Real Estate Market
October 6th, 2009 · No Comments
Tags: Housing stats
Customer satisfaction high among Phoenix new-home buyers
October 3rd, 2009 · No Comments
According to the J.D. Power and Associates 2009 New-Home Builder Customer Satisfaction Study, Phoenix has one of the highest levels of overall customer satisfaction, along with Orange/San Diego, CA, Sacramento, CA, Inland Empire, CA, and Tampa, FL.
Tags: Housing stats · Rankings
Investor money is back in Phoenix real estate
August 30th, 2009 · No Comments
Phoenix real estate analyst R.L. Brown reported last week that more than $500,000,000 (yes, five-hundred million dollars) was spent by ‘pure cash’ buyers of metro Phoenix real estate in July. That figure excludes mortgage money and down payments!
Tags: Housing stats
Has Phoenix real estate hit bottom?
August 13th, 2009 · No Comments
As always, opinions are a dime a dozen. Even the most knowledgeable ‘experts’ on our housing market are divided on the status of our market. Most believe that we’ve either hit, or are very close to hitting, the bottom. Some have speculated that there’s a huge number of foreclosures that are still […]
Tags: Foreclosures/Short sales · Housing stats · Legislation and Policies
Loan modifications are failing — thanks to the banks, er, the government!
August 5th, 2009 · No Comments
Whenever I talk with homesellers who are in dire straits - without sufficient equity to sell and/or in immediate risk of falling behind on payments - the first thing I advise them to do is consult with their lender(s) to try to structure a loan modification. I encourage them to be honest with their lien […]
Tags: Experiences · Foreclosures/Short sales · Housing stats · Legislation and Policies · Random Musings · Sad
U.S. Census Bureau Ranks Arizona 2nd for Population Growth over Last 12 Months
January 12th, 2009 · No Comments
According to the U.S. Census Bureau, Arizona ranked #2 among the 50 states for the greatest percentage of population growth, and it ranked #5 among the top 10 numeric gainers for the period of July 1, 2007 - July 1, 2008.Â
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Utah was the only state that grew faster in terms of overall %, but it didn’t make […]
Tags: Housing stats · Lists · Rankings
Phoenix and Scottsdale Real Estate Sales Update - July 2008
August 17th, 2008 · No Comments
For the month of July 2008, here’s what the aggregated statistics from the Arizona Regional Multiple Listing Service had to say about the Phoenix real estate and Scottsdale real estate market.
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Active Inventory: 48,361 single family homes & condos
Pending Inventory: 5,292 SF and condos
Sold Inventory: 5,157 units
Median Sold Price (single family): $209,900
Median Sold Price (condo): $164,900
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For […]
Tags: Housing stats
Tough Times for Phoenix-Area Home Sellers
July 19th, 2008 · 2 Comments
A report released last week by Arizona State University revealed that property values fell 18% year-over-year from April 2007 to April 2008. Foreclosures are mostly to blame for the decline, as buyers gobble up deals as banks get more and more aggressive with their ever-growing REO holdings. In fact, estimates indicate that 20-30% of April […]
Tags: Foreclosures/Short sales · Housing stats
Phoenix Real Estate Update / Scottsdale Real Estate Update
July 6th, 2008 · No Comments
Here’s a look at what the latest sales reports tell us about Phoenix real estate and Scottsdale real estate sales activity. All data is from reports published in mid-June using data through the end of May, and compiled by the Arizona Association of Realtors, the Scottsdale Association of Realtors, and the Phoenix Association of Realtors.
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Phoenix Real […]
Tags: Housing stats · Uncategorized
Let’s Look at the Numbers - How is Phoenix Real Estate Trending?
May 16th, 2008 · No Comments
The official sales stats for May have been released by the Arizona Regional Multiple Listing Service (ARMLS) and the trends are consistent with what one would expect to see (historically) for Phoenix real estate and Scottsdale real estate in terms of the seasonal sales cycle.
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Here are a few key stats for 2008, as reported by […]
Tags: Housing stats
