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Category Archives: Buying
Phoenix Real Estate Market Review – June 2010
Wow a last minute reprieve regarding the tax credit! What’s that mean? We’ll have fewer cancelations of the 17,000 properties currently in escrow. With all the discussion regarding an extension for the last couple of weeks, it appears that not all the lenders, sellers and buyers believed that it was necessary to close by 6/30….
Greater Phoenix Arizona Real Estate Market Report – May 2010
There’s a lot being written about the Phoenix Real Estate market as analysts and practitioners try to describe or predict what’s happening. In my opinion, the market is sputtering on the price front but continues a brisk pace on a volume basis. To me any month with greater than 9000 closings is an outstanding month….
Greater Phoenix Short Sale Market Report
For last week’s short sale seminar Old Republic Title commissioned Michael Orr to create a special report explaining the state of the short sale market in greater Phoenix. The report has been posted to Old Republic’s NewLeading EdgeUcation.com website. Here’s a direct link to the 10 page pdf. Have a safe Memorial Day weekend.
Phoenix Home Sales Statistics – April 2010
April’s numbers are telling us something. I guess it’s up to us to figure out what. I’ll need a couple of articles for April’s review. First the numbers-9200 closings!!! Wow, 4th month in a row of increases both Month over Month and same Month-year over year (y over y). Actually we have had same Month-y…
Greater Phoenix: March Real Estate Review
Initial numbers are in for March. Yes March madness continues. Number of Closed Escrows for March is 8846, that’s a 16% increase over 3/09 and a 34% increase over 2/10. 2010′s YTD Closed figures show a 19% increase over 2009′s 1st Quarter numbers. REO sales numbers are continuing to decline as a percentage of sales-39%…
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