I recently had the pleasure to attend a presentation of current market statistics by Michael Orr. He is a local authority on Scottsdale home trends. He is the founder & publisher of the Cromford Report and Director of the Center for Real Estate Theory & Practice at Arizona State University W.P. Carey School of Business. His […]
Plaza Lofts at Kierland Selling Quickly
The Plaza Lofts at Kierland Commons have always been very popular with high-end buyers. These condos in Kierland are some of the most desirable condos in Scottsdale. There is a total of 54 units in the 7 story building overlooking Kierland Commons shopping center. The Kierland lofts have experienced a flurry of recent deals. So […]
Cash Investors are Snapping Up Scottsdale Homes
Home sales are up across Scottsdale. This is blatantly obvious in the more affordable Scottsdale neighborhoods. Many families looking for affordable places to live in Scottsdale are getting squeezed out as more and more investors move in. Investors are taking advantage of the market and paying cash. Regular buyers who need a mortgage are losing […]
Valley Housing Market Improving
The Phoenix and Scottsdale housing market improved by almost every measure in February, with an increase in values, an uptick in homes sold and a drop in the number of foreclosures. The Arizona Regional Multiple Listing Service reports that 7,249 homes sold in February, up 1.3 percent from a year ago. “Sales above 7,000 units […]
Buyers Sitting on the Fence are Missing Out
For the past several weeks, I have been sharing statistical information with you showing how the Scottsdale real estate market is changing. This Sunday, the Arizona Republic echoed the sentiment. Sunday’s story recounted the fact that the market has shifted. This perfect storm of shrinking inventory, increasing sales, pent up demand, and shrinking levels of foreclosures, leaves […]
Phoenix and Scottsdale Real Estate Market Snapshot
Here is a quick snapshot of the current Phoenix and Scottsdale real estate market as of February 2012: Active inventory of homes for sale was 23,732, a 41% decrease from February 2011. Closings of homes sold were 7,276 closings in February 2012, 1% above February 2011. Months of Inventory was 3.3, down from 5.6 […]
First Time Homebuyers in Scottsdale Squeezed Out by Investors
The Scottsdale real estate market is moving incredibly fast this month, especially in the lower end price ranges. Many potential Scottsdale home buyers who have been sitting on the sidelines waiting for the market to hit bottom have missed it and are now in a heated competition with investors for low price properties. Scottsdale is […]
Scottsdale Foreclosure Statistics for March 2012
My goal is to give you as much solid information as possible about current market conditions. I want you to make your decisions based on facts, not rumors. Here are the latest statistics for Scottsdale foreclosures 1. Active Notices of trustee sale for residential properties as of the end of February 2012 were 17,331 units. […]
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Voted in the Top 3 Real Estate Agents in Arizona by the readers of Ranking Arizona Magazine, 2015-2025. Her background as an Attorney gives her special expertise with contracts and negotiations. Carmen has a proven track record of success with buyers and sellers in Scottsdale.
