Looking at Annual Statistics I Found Something Very Interesting

Looking at the annual statistics of our real estate market, I found something very interesting: sales in Phoenix kick-off with the Super Bowl. Historically January experiences the softest housing market. With that in mind, the projection for February sales appears to be strong, approximately 4% above February 2015 with...

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How Did The Housing Market Do in 2015?

I have been reviewing the housing numbers for 2015. After commenting all year that our real estate market was chugging along, slowly doing better than the month before, it appears that we have achieved a solid performance. It is interesting to note that in the past 15 year of collecting housing data, MLS has ranked 2015 dead...

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October Housing Market Round Up

The Phoenix Metropolitan Real Estate Market is continuing to show improvement: distressed inventories are down, foreclosures are down, and traditional buyers are up. This is exactly what I wrote last month and nothing changed – nothing at all. In August, 7,010 homes were sold, which is an decrease of 11.4% compared with...

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Phoenix Real Estate Market Shows Great Improvement

The month of June in the Phoenix Metropolitan Real Estate Market showed great improvement which tops off a very strong first half of 2015. In June, 8,674 homes were sold, which is an increase of 4.3% compared with May, and an improvement of 20.2% compared to June of 2014. June was the highest monthly sales volume in the last...

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The Phoenix Real Estate Market Experienced a 20 Month Appreciation

The Phoenix Metropolitan Real Estate Market experienced a 20 month period of rapid appreciation ending in July of last year. In that time the median sales price rose 70%. In the ten months since then, sales prices have remained relatively flat. Most analysts predict that the sales price of homes will slightly rise over the...

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The Phoenix Metropolitan Real Estate Market Experience More Good News After A Slow Start In January

In March, the Phoenix Metropolitan Real Estate Market experience more good news after a slow start in January.  The results were slight but encouraging.  In 2013 the real estate market was very strong for the first three quarters, slowing down in final quarter.  January was very quiet.  Some of these trends can be traced to...

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