25 offers, 19 offers, rude buyers agents barging in on agents currently showing the property. Listing agents that do not return calls, list with no lockbox- and it was 110 today- and most homes have no power.
Great prices- sure- be prepared to make multiple offers on multiple properties- week after week. If you are obtaining financing- you will be bidding against cash buyers.
If you want to offer below list price, you might as well stay home and enjoy the air conditioning.
Inventory continu... Read Full Story
As a forty something person, these people were very much apart of my music and TV life growing up. Taken so young- God Bless both- and your legacy will live on.
Condolences to all their family and friends. Read Full Story
Summer is in full swing, and temperatures are rising in the Phoenix area.
With the hot weather come reports of children being pulled from pools.
Remember to lock your pool gates, fence your pools, hide the phone and WATCH you kids around the pool and learn CPR. Read Full Story
Hollywood is coming to Phoenix, azcentral.com is reporting.
Apparently, Brad Pitt’s new baseball movie is hitting Phoenix in the next day or two for a couple of days of filming, and not surprisingly, they are trying to keep the exact location a secret.
So Brad- if you are looking for a great winter home- have [...] Read Full Story
Who will get the house?
Arizona has $121 million to hand out to potential home owners, that qualify, to buy foreclosed homes in the Phoenix Real Estate Market.
azcentral.com reports:
"Two months into the program, no one in Arizona has closed on a home yet. Several have qualified, however, and [...] Read Full Story
Sales are strong, pending sales are increasing and inventory continues to decline. The sales price seem to be leveling off. Are we at the bottom? Time will tell. Distressed sales (Foreclosures and short sales) continue to dominate sales. The last chart shows the percentage of homes that are distressed for each Phoenix area city.
Tables and charts from The Cromford Report using data from public records and data licensed from the A... Read Full Story
Long story short-I submit an offer on beautiful custom home in Gilbert. Full price offer, solid buyer. Fast forward 2 months, still waiting for an answer from the seller’s lender. “The lender thinks that the buyer and seller are in “cahoots” together to get a deal together.
Really- buyer lives across the country looking to relocate, loves the house, submits full price offer, does not know the seller, not even by name.
Now the seller’s lender wants, Name, Address, Date of Birth, and Social ... Read Full Story
It is no secret the buyers have arrived to the Phoenix Real Estate market- and we are seeing a new home buying boom in Phoenix.” So who is buying? In an article today at azcentral.com:
“In April, about 19 percent of all Valley homes were purchased by investors, according to real-estate analyst Mike Orr.
He works with the Arizona Regional Multiple Listing Service and the Information Market to analyze real-estate data daily for the Cromford Report.
During the boom, investor purcha... Read Full Story
Here is the latest article on the Phoenix Real Estate Market- a very good article from the The NY Times-
Every weekday morning, Lou Jarvis drives the sun-baked suburban streets looking for investment gold: a family that will lose its house in a foreclosure auction within a few hours…. Read Full Story
Forbes.com, reports that Phoenix was second on Forbes list of most affordable cities. Forbes considered four data sets to determine “affordable” cities: average salary for workers with a bachelor’s degree or higher; annual unemployment statistics; cost of living; and the Housing Opportunity Index from the National Association of Home Builders/Wells Fargo, which measures the amount of homes sold in a given area that would be affordable to a family earning the local median income ... Read Full Story
