Adam Tarr - Phoenix, Scottsdale, Arizona Real Estate Blog

Are short sales the answer?

April 23rd, 2008

Hi, I occasionally get questions about short sales, from buyers and sellers. Buyers want to know what the advantages and disadvantages are, and sellers want to know if it is a better way out of a dire situation. There was an article in the Wall Street Journal last week that addresses short sales. While it is by no means a full educational disertation on the subject, it does s ...

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Ever changing expectations

April 15th, 2008

HI, Well, spring is definitely here. We hit 90 degree temps for the first time this year, and obviously not the last. We haven't had much rain, but flowers are blooming, and it is still great here in the Desert Southwest. I have been assisting a few Canadian buyers lately. There are some differences to take into consideration when assisting out of town buyers, whether from ou ...

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April 9th, 2008

Hi, Despite my last promise to be more regular on blogging, I still managed to go way to long between blogs. I am doing another video blog concerning inventory levels here in the Valley of the Sun. Before you view it - Yes, I know the lighting stinks. I will correct that next time. As always, I welcome your feedback. Adam Tarr, ABR, ePro, CNE, Assoc. Broke ...

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First Podcast

March 20th, 2008

Hi, I am trying something new - a podcast instead of a regular blog entry. So, although I can say I am not real happy with how I look on camera speaking, I won't be so vain as to re-record it. Anyway, check it out. Please let me know what you think Adam Tarr,PC RE/MAX Excalibur Scottsdale, AZ 480-483-3333 adam@WeAreAZRealEstate.com www.WeAr ...

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Desert Ridge Market Report 2/08

March 3rd, 2008

There were 5 homes sold in Desert Ridge in February, 2008, with an average listing price of $571,760 and an average sale price of $551,980. Sale prices were 97% of list prices. Sold Price per Square Foot was $205.35. The range of sold homes was $390,000 to $700,000. As of March 2, there are 11 pending or contingent homes under contract. As of March 2, there are 164 active listi ...

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This week's indicators

March 3rd, 2008

Hi, Each week I get a couple emails from lenders and title companies about the market- what has happened and what is expected. I am including some exceprts from this week's emails, as I think it is good to point out some of these things.(I am not quoting a source, as this particular email is received from a couple different people.) "... when Gentle Ben (Bernanke) b ...

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Inventory report

March 1st, 2008

There were some positive signs last week with regard to inventory. A local Title rep gathers these figures a provides them to me. (Thankfully, as it saves me a lot of time that I can spend helping my clients more directly) So, here it is. Weekly Inventory Level comparison As of Friday, 2/22/08 Current rate of closings has jumped by over 8% in the last w ...

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Canadian/American thoughts

February 20th, 2008

I am going to veer off the real estate topic a bit today. I mentioned a few days ago about the interesting conversations I had with some Canadian citizens recently. We talked about the housing market, politics and general perceptions of citizens on both sides of the border. First, the housing market. (what else would be first, after all, this is a real estate web site). ...

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City North announces Bloomingdales

February 17th, 2008

It has been expected for quite a while, but this week CityNorth announced the addition of Bloomingdales as another anchor. CityNorth is a Multi use property now under development in the Desert Ridge area of NE Phoenix. Being developed by the Klutznick group, CityNorth already had announced Nordstroms and many restaurants in the mix. The total 144 acres will will include retail, residentia ...

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RE/MAX Excalibur is #1

February 16th, 2008

Today the RE/MAX SouthWest region held it's annual awards celebration. I just thought it worthwhile to note that RE/MAX Excalibur took home two top awards. Excalibur had the top dollar volume and top # of transactions in the state and region! Who says real estate is slow?! Well we know it is, but having such a tremendous amount of business in a slow market just shows how great our offic ...

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Are short sales the answer?

Ever changing expectations

First Podcast

Desert Ridge Market Report 2/08

This week's indicators

Inventory report

Canadian/American thoughts

City North announces Bloomingdales

RE/MAX Excalibur is #1

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