Trench Tales – A Watery Disaster
A Watery Disaster Our recent deal with Dean and Pam (not their real names) wasn’t going to be a slam dunk, but it was very do-able. They wanted to use the funds from the sale of their current home to purchase their…
Real Estate News
Every issue since 2013. Mike writes most of them, Jonathan writes the rest, and nothing has been taken down because it aged badly.
Election Aftermath – Effect on Valley Real Estate
Election Aftermath – Effect on Valley Real Estate First let me say this is neither a pro or anti Trump article and I have taken special care to keep it that way. This is simply an analysis of the facts as we…
Snow Birds Increasing This Year?
Yes But Will They Buy? According to this past Saturday’s Phoenix Republic insert (AZ Republic) the Climate Prediction’s Center’s outlook calls for a “warm, dry winter for the Southwest, including the Phoenix metro area. At the same time our country’s neighbor to…
Phoenix (Continues) Rising
PHOENIX (CONTINUES) RISING Latest Cash Shiller Report Shows Phoenix #1 in month / month appreciation As the story goes,* Jack Swilling, a confederate veteran of the civil war, while traveling through the Salt River Valley in 1867, saw a potential for farming….
The Historical Perspective
If you love old houses like I do, you probably had a few tears in your eyes this week as you drove by 3rd Street and Northern Avenue in north central Phoenix. A house built in 1914 was being demolished. I got to tour it…
September Sales: Investment Thoughts
September Sales Investment Thoughts The September numbers are in revealing a market that “as a whole” is healthy. The big takeaway for me is the strength of new home sales which are up almost 30% from last year. Normal resales are up…
The Importance of Schools – The Real Value
The Importance of Schools – The Real Value We are often asked by prospective homebuyers the question, “How are the schools in this neighborhood, or district?” The perception of good or bad schools can play a significant role for a family with…
How’s the market in YOUR City?
A Seller’s Market for Most! As you can see from Michael Orr’s Chart below, the Cromford Market Index of the largest 17 cities in the Phoenix Metro area, are all above “100” which puts them into the “Seller’s Market” range. The pluses…
The Market: Still Strong; Still Balanced
Consistency in Phoenix – Who Would Guess? Back in February of this year, we reported that our local Phoenix Metro residential real estate market, as a whole, was strong and balanced. As you can see for yourself by the Cromford Market Index…
Millennial! Is Net Worth Not Worth It? Look Here!
Millennial! Is Net Worth Not Worth It? Look Here! The chart below, published by Motley Fool using data from the Census Bureau shows us the average net worth of an American, segmented by age group. The blue bars represent a person’s net…