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Category Archives: Real Estate Statistics
“We’re in the beginning stages of feeling better.” RL Brown
The ”First Quarter Market Overview Presentation” took place this morning (4/24). RL Brown presented his coveted data with his partner Greg Burger. Greg began by presenting some statistics for the “Metropolitan Phoenix Market Place”. There were a lot of figures presented in a half (here are the numbers) and half (buy our product so you…
Luke-warm off the press!!!
Had I posted this a in March I could of said HOT off the press, but it has cooled off a little. However, I am still getting requests from our associates for this coveted visual. So here it is the AZ Republic Home Values by Zip Code chart from March 16. Be careful it’s warm…
Another associate (and contributing author) makes the news!
Did you see the article in the Scottsdale Tribune on Sunday about the Scottsdale real estate market? It’s the one that Dru Bloomfield is quoted talking about her local market statistics. You can almost make out the web address on her sign rider! Well done Dru, congratulations on the recent press!
New FHA loan limits have been posted!
Check it out for yourself. Eventhough the Phoenix MSA isn’t considered a “high cost” area, our FHA loan limits were increased from $263,150 to $346,250! Hopefully the loan limit increases around the country will help convert sellers to buyers. (Thanks for the help Dru!) Anybody think Jan. 2008 will be considered the bottom of our market?
Our Bad Economy?
Is my crystal ball still cloudy? Locally, the residential real estate industry took a real nose dive in the 4th quarter. Our stats were no exception. For a comparison, in 2006 we had 405 closed escrows and in 2007 that number was down to 370. Our volume was off even more: we slid from 105…
Peoria’s Real Estate Market
Our associate broker Marge Lindsay’s longtime friend Rick DeLuca came and spoke to our agents last quarter. He talked about the importance of being an expert in your field/area. He shared a technique with our associates that helped make him the top REALTOR in the BIGGEST little city in the world. Know statistics! Sounds pretty…
What happened in 2007?
Mr. Jim Sexton did some analysis of the 2007 resale market in Maricopa and Pinal Counties according to the ARMLS numbers – pretty interesting. Here is a slide that shows the average sales price for the entire year. Before you look, what’s your guess – Did prices go up or down in 2007? He also…
AZ Real Estate Licenses
Mr. Jim Sexton often gets asked, “What’s going on with the number of real estate licensees in AZ?” This is a tricky question to answer because there are a few different “cleansing” periods throughout the year. The first of which happens in January when the Associations send out their bills. Then the next one is in…
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