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…
Buying
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….
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 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…
5 Things Sellers Need But Don’t Always Get
The world of the internet has changed the way real estate business is done by Buyers and Realtors. Buyers want information and photography at their fingertips — now! Many photos, more information. If they like what they see, they will call their…
North East Valley Turnaround?
Much of our market reporting this past year had to do with how the West Valley in particular was “crushing it” in numbers of sales and appreciation rates. Avondale, Surprise, Glendale, Goodyear are all examples of west side cities with very healthy…
Getting Your Best Price
Staging and Photos are Key! Two weeks ago I showed a townhome in the terrific Bella Vista Townhome community at Thunderbird and 94th St in Scottsdale. This lovely gated community has a great central location to the 101, Kierland Commons, Scottsdale Quarter,…