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REALTIME MARKET STATS – PHOENIX REAL ESTATE

by Justin Lombard LIVE!  UPDATED IN REAL TIME! Phoenix real estate statistical reports for the trailing 12 months for Greater Phoenix and surrounding communities represented in the shaded areas on the map below.     On the charts below, hover over the graphs and click on the legend for interactive features.   Sold Listings (#/units)   Average Sale Price   Average Days... 

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Happy Mother’s Day!

Mother’s are where it all begins.   By selflessly giving of themselves and nurturing future generations of ‘difference-makers,’ they make the world a better place. Happy Mother’s Day to incredible moms everywhere!  

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Scottsdale real estate snapshot update – May 5, 2014

        Here are some key up-to-the-minute Scottsdale real estate stats for May 5, 2014 as reported in the Arizona Regional Multiple Listing Service (ARMLS). Criterion include all property types (homes, condos, patio homes, etc) in Scottsdale.   Active Listings and Listings taking backup offers: 3,860 Lowest List Price: $31,900 Average List Price: $855,655 Highest List Price:... 

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Neighborhood Spotlight: Moon Valley – Phoenix, AZ

Moon Valley, Phoenix Real Estate The vibrant community of Moon Valley is a living example of resort living at its finest!  It offers elegant homes, a golf and country club, restaurants, award-winning schools, convenient shopping, and much more.  Because of its central location, Moon Valley puts residents within a convenient 20-minute drive of downtown Phoenix, Scottsdale, Glendale, and Peoria. Two... 

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“Don’t just love me for my comps!”

About a week ago, I was driving in Central Phoenix and I saw a Times Square-sized billboard of a happy, smiling Realtor who’s a well known name in the Valley.  Next to his portrait, in which he’s fielding an obviously mission-critical phone call with a clipboard tucked under his arm, and yet still managing to give a thumbs-up and toothy-grin for the camera, was a simple phrase: “What’s... 

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Buying is still cheaper than renting in Tucson and Phoenix

To own or rent, that is the question that continues to weigh on the minds of potential homebuyers everywhere. While the gap may have narrowed over the past year due to rising mortgage rates and home values, buying is still a better bargain than renting in most communities across the country – including Phoenix and Tucson — according to an online real estate company. Trulia recently reported... 

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Phoenix named “Top 10 Market for First-Time Homebuyers for 2014″

The top 10 markets for first-time home buyers this year include seven metropolitan areas in Sun Belt states, plus the areas around Pittsburgh and Philadelphia, according to a new report by realtor.com®. Pittsburgh topped the study’s ranking, which examined five key factors that make particular markets ideal for first-time buyers: market popularity, prices, inventory, time on market and unemployment... 

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7 Landscaping Mistakes That Wreck Curb Appeal

by Justin Lombard Don’t let bad landscaping happen to you.  Here are the seven landscaping mistakes that bust, rather than boost, your home’s curb appeal. 1. Planting Without A Plan Some landscaping choices, such as a line of begonias, will last a season; others, like trees, can last a lifetime. So, take time to plan and plot a yard that gives you maximum enjoyment and curb appeal. For the design... 

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Phoenix real estate market is at an inflection point

by Justin Lombard It’s clear from market stats that the red-hot Phoenix real estate market has cooled down to “merely mortal” levels.  Inventory levels are rising, unit sales are dipping, and days on market is creeping upwards. Many investors have set their sights on other markets that they believe hold more immediate upside potential and some of the “Canadian tide” has... 

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Staging Tip: Clean light fixtures for a brighter home

Or “I SEE THE LIGHT!” When selling a home, there are a number of variables that you cannot control, such as location, lot-specific features, community dynamics, and (to an extent) floor plan.   Home sellers and their real estate agents should embrace these variables – the good, bad, and ugly – and emphasize the positives as best they can.   So while you can’t move... 

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Merry Christmas!

by Justin Lombard

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