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MLS Stats as of 2/8/08 Phoenix metro

February 16th, 2008
I thought it would be worth posting some statistics regarding the market.  As of last  Friday, the total number of homes on the market dipped down nearly 5% over the Holidays but have moved back up since. They are still sitting at a lower level, 45414 or down about 2%, from the end of the year. However the current rate of closings is very low due to the fact that it is reflecting acti ...

What a week!

February 14th, 2008
The title says it all.  It has been a fabulous and interesting week.  I spent a few days in Vancouver, BC, Canada this past week, networking with some great RE/MAX agents from all over western Canada.  The weather was as to be expected for Vancouver this time of year, crisp, cool and wet.  Made me long for the fantastic weather of Scottsdale and the Valley of the Sun.  At least it wasn't th ...

Desert Ridge area 2007 Year end

January 18th, 2008
The Year in Review     As we begin a new year, I thought it appropriate to put this past year in real estate into perspective.  The media coverage has been extraordinary, and for the most part negative.  I am not going to tell you that everything is rosy, but the negative media spin tends to lead to a self fulfilling prophecy.  The more negative press, the more people become scar ...

CityNorth set to start sales

January 2nd, 2008
The Developers of CityNorth, a 144 acre development that I have mentioned before, located between Tatum Blvd and 56th St,. north of Loop 101, have announced they will open a sales office at the end of January.  Potential residents and office and retail tenants will get a chance to see what is planned.   The office will include a scale model of CityNorth and a mock up of one of ...

Happy New Year

January 1st, 2008
Happy New Year to all!  I hope that this New Year brings happiness to all.  may we all get along and make it a great year! I want to take care of a little confusion regarding RE/MAX.  On December 24, the owner of the RE/MAX 2000 franchise in Gilbert, AZ notified his agents that he was closing down.  This became a big story in the local media, and due to some less than stellar reportin ...

Should I buy now or wait?

December 12th, 2007
Lately, I have had quite a few people ask me if this is a good time to buy or should they wait a little longer.  Most of these folks are from out of state, and in some cases out the country.  Everyone seems to have a least a general knowledge of the state of the real estate market.  We all know that the last couple of years have been tough to say the least.  Anyone can spin the message anyw ...

Change happens

November 20th, 2007
Hi, Well, it's obvious, I have been really bad about blogging lately.  Sometimes the brain just doesn't want to come up with new and interesting things to write about.  This business is always changing, and there is typically something to write about.  It's just that my creative side doesn't work the same way as my analytical side. That's only one reason that the next bit of new ...

What is escrow?

October 29th, 2007
One of the more confusing things for buyers and sellers of real estate is escrow.  We always try to point out the important aspects and timing, so that all transactions go as smoothly as possible.  Here is a basic primer to assist with that. An escrow is a neutral, independent account created to process a transaction such as a sale or loan.  It protects the interests of all parties in ...

Positive news about the Phoenix Real Estate market

October 18th, 2007
We all know that real estate has taken a beating across the nation in the past couple of years.  It could even be said that the Phoenix area could be the poster child for what has happened.  After all, the Phoenix metro area had over 50% appreciation in 2004-2005 for the highest in the country.  The old adage of the bigger they come the harder they fall, could hold true.  (Keep in mind that i ...

Cars& Golf and Football..OH MY!

October 16th, 2007
Just like Dorothy on a dream trip to OZ, many people venture to the Phoenix / Scottsdale area in the winter in search of their dreams as well.  Usually dreams of cars and golf.  Sounds of lions and tigers and bears - Oh My, are replaced with Cars and Golf and Football - OH MY!!!  Yes, this year it is football too, with the arrival of Super Bowl XLII. Thousands of people come from acro ...

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