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Tag Archive: Arizona Republic
Marge Lindsay Named Top Female Executive
The Arizona Republic publishes a mag called AZ Magazine, AZ Magazine publishes special issues called Who’s Who In Business, and Who’s Who in Business takes a closer look at top executives around the State. Follow the chain so far?
This month Who’s Who In Business takes a closer look at Arizona’s Top Female Executives. They have separated the executives by business categories such as Real Estate, Legal & Finance, Education, etc.
Guess who had a half-page spread on the Residential Real Estate page?!?
Correct! The vice president, director of training, and all round wonderful person Marge Lindsay. In the article (which I can’t find online) Marge shares her secret to success, but for those of you who know Marge it’s no secret – she’s so damn positive all the time!
Congratulations on the recognition Marge, you deserve it!
Best Real Estate Agency in East Valley and West Valley!
Now, of course if you were to ask any one of the successful agents at John Hall & Associates which real estate agency is the best in town they’d quickly come back with a predictable answer. But when you ask all the reader’s of the Arizona Republic which is the best real estate agency in the west valley and then ask them again which is the best real estate agency in the east valley, the answer isn’t as predictable. HOWEVER!!!!
John Hall & Associates won two 2009 Reader’s Choice Awards; one for the best real estate agency in the universe and one for the best in the galax…oh wait. I’m reading that wrong. The certificates say John Hall & Associates is the…
Best Real Estate Agency in the East Valley
and the
Best Real Estate Agency in the West Valley
Woo-hoo!! Thanks to all who voted.
Agents from John Hall & Associates that would like to use this logo on their matierals can find it here in as a .jpg or here as a .gif file.
Jim Sexton in the Arizona Republic!
Jim Sexton got a call from Arizona Republic’s real estate reporter Catherine Reagor last week as she was researching recent home sales information here in Phoenix. Catherine, who has contacted Mr. Sexton several times in the past, was looking for some numbers for a positive article she was working on for the front page of Sunday’s Business section. He shared with her the price point observation we pointed out in “The Improving Phoenix Real Estate Market” post. Here’s Catherine’s article if you missed it.
One thing I like about the Republic is their massive online readership always leaves comments on articles. Jim’s first commenter ‘bobsthoughts’ says…
My problems with Mr. Sextons analysis are the following 1) 250-350 is more like a nine month supply so really under 250 is the area with a 7 month supply. 2) I would not call 7 months healthy in this economy with the oversupply that exists. (…)
We’d like to thank ‘bobsthoughts’ for opening the door and allowing us to explain the numbers further. In our analysis we will use list price only, not sold price, so there is no confusion. And, let me say that Jim Sexton is notorious for rounding numbers, so we apologize for him reporting a 7 month supply when in fact there is a 7.162 month supply under $350,000.
Back to ‘bobsthoughts’, which we both agree and disagree with. We disagree with his calculation that shows a nine month supply for homes between $250,000 – $350,000. Using data from the ARMLS we find there is a 7.613 month supply for that price range. We agree however with his calculation showing homes under $250,000 have a 7 month supply, and to be more accurate – it’s a 7.049 month supply.
He loses us with his 2) arguement – “I would not call 7 months healthy in this economy with the oversupply that exists.” That doesn’t even make sense. 7 months indicates healthy supply and demand regardless of anything else, including the economy. That’s okay, supply and demand is a confusing thing. That’s why we recommend working with a REALTOR® from John Hall & Associates. We have it all figured out. 
Why buy an Arizona home now?
The Arizona Republic has the answer! Did you see the ARMLS advertorials in the paper this weekend?
Saturday’s Business section had the first article with quotes from John Hall real estate agents; Abe Schwarz, Dru Bloomfield, and Russell Shaw. Bob Bemis (CEO of ARMLS) was also quoted talking about the median and average price drops.
The article on Sunday, with the same title, again had quotes from our own; Russell Shaw and Jim Sexton. Bob Bemis was again quoted, but this time talking about the currently low interest rates. Darrell Blomberg (Owner/Broker of AzTech Realty) and Gary Swallows (Designated Broker for Swallows & Associates Realty) were also quoted explaining why it might cost more if you wait to buy and how FHA loans are making a come back!
Thanks to the Republic and ARMLS for the good press!
Big weekend for Jim Sexton
Two sighting of him in the Arizona Republic on Saturday. The first one was planned, the second one not so much.
He is often asked to write an article for the Republic’s “Broker Corner”. He is given a date the article will appear and puts together a timely piece where he gets to spread the word of the current market. This weekend his article, “Missed Opportunity” was featured in this weekly real estate feature.
Then an unplanned quote in an article by the Republic’s real estate reporter Catherine Reagor. Mr. Sexton and Ms. Reagor spoke on the phone about a month ago and Jim was initially quoted in an article that soon followed. Then Ms. Reagor unbeknownst to us stored some of Jim’s good stuff and surprised us with it this weekend. (I can’t find the article online yet, but will update this post when it happens.) Jim was quoted talking about the high amount of vacant or foreclosed properties that are selling. Even though the conversation took place a month ago, the quote is still accurate today.
Thanks to the Republic for the support!
After months of declines, home sales up
Did you see the article? It was on the frontpage Tuesday morning. Catherine Reagor quoted Mr. Jim Sexton.
“We are still bumping along the bottom, but the Valley’s housing market is starting to gain some traction,” said Jim Sexton, president of Phoenix-based real-estate firm John Hall & Associates. “Sellers are getting more motivated. Prices are coming down, and there’s a lot of activity from first-time home buyers again.”
Jim Sexton has written another article for the AZ Republic’s Broker’s Corner!
Here’s his latest - expected to be published this Saturday…
5 Great Reasons To Buy Now
It is finally spring in Arizona, great weather, spring training and the desire to get out and enjoy the scenery. Maybe even get out and see a few homes, discover for yourself what is available. There are actually some compelling reasons that make this a great time to not only look but to buy now. So the top 5 reasons, David Letterman style are:
#5) Reduced competition for those sweet deals - With so many potential buyers holding off, you have a much smaller number of people competing with you for the available properties.
#4) Record Inventory - There is a lot on the market right now and no one likes lots of choices better than the American consumer. Huge inventory + less competition = sweet deals!
#3) Low Interest Rates - Strangely enough large drops in the prime rate have had the opposite effect on mortgage rates. Right now they are historically low however that can’t last forever and with some of the new restrictions for lenders, they can’t help but rise. Additionally when activity resumes they will rapidly escalate to higher levels. Huge inventory + less competition + low mortgage interest rates = sweet deals!
#2) You can Negotiate - Buyers want to wait and wonder if the market has hit “bottom”. “Bottom” is a relative term; you only know its bottom when the market quickly rebounds with a vengeance. Even if you should pay a little more than you think you might at a later date, normal appreciation would make the difference irrelevant within a short period of time. Huge inventory + less competition + low mortgage interest rates + sellers willing to negotiate = sweet deals!
#1) You won’t get first degree burns from your steering wheel! It is beautiful outside right now and will be for a couple more months. If you are new to Arizona, you need to know it gets HOT. If you have lived here through a summer, you already know that. Either way, this is the peak home buying season.
Huge Inventory + Less Competition + Low Mortgage Interest Rates + Sellers willing to negotiate + Fabulous Weather = Sweet Deals!
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