The Scottsdale Real Estate market is expected to show price increases during 2012. During 2011, the economic forecasting firm Fiserv predicted that home values would sink around 5% in 2011, and that prices in three-quarters of the nation’s major metro areas would fall. This turned out to be fairly accurate. The good news is that […]
Quintero Golf Club Opens Course to Non-Members
The Quintero Golf Club has opened the doors for non-members to play their high ranking golf course. The club was previously only for members’ use. Quintero is located in Peoria, just 20 minutes northeast of most Scottsdale homes. It is a beautiful course and is known for its pristine views of mountains and saguaros. It […]
Scottsdale Real Estate Update – November 2011
Here is my monthly update on the market for Phoenix and Scottsdale real estate: 1. Active Notices of default for residential properties as of the end of October 2011 were 21,903 units. That is down from last month of 22,301. This is the 11th month in a row that we have seen decreases in the […]
Black Friday Sales on Scottsdale Real Estate
People across the USA will head to the stores at Midnight on Black Friday in search of deals. There will be many specials in all sorts of stores across the country. Many people are willing to stand outside stores in freezing temperatures in the hopes of saving perhaps a few hundred dollars. Once inside the […]
Scottsdale Real Estate Market Overview
On the surface, the preliminary numbers for October suggest it was quite similar to September. Looking at the ARMLS data across all areas and types we see the following: Sales per Month: 7,606 in October – down 5.9% from September but up 16.6% from this time last year. Active Listings (including AWC): 27,063 on October […]
Phoenix Real Estate Conference Highlights
The Crystal Ball Conference was held last week in Scottsdale. It includes prominent speakers from the Arizona real estate industry including over 500 Realtors, Brokers, Mortgage Brokers, and Economists. Michael Orr of the Cromford Reports was the featured speaker this year. Highlights of the Conference: · Data showing that REO (foreclosure) market is slowing down […]
Update on Scottsdale Foreclosures
New data has just been released regarding Phoenix and Scottsdale foreclosures: 1. Active Notices of default for residential properties as of the end of September ’11 were 22,301 units. Down from last month of 22,733. This is the 10th month in a row that we have seen decreases in the number of Active Notices. Down […]
Windgate Ranch Home Sales Steady
Windgate Ranch home sales have been steady through the recession, reported Toll Brothers today. Homes in Windgate Ranch have been selling at a modest pace despite the economic downturn. The builder reports that it has sold 270 homes over the past five years. That is 43 percent of the 633 lots available. Plus sales are […]
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