Scottsdale Real Estate Market on Fire
The Scottsdale real estate market is on fire. The market trends are improving with the help of strong economic growth, once in a generation affordability levels, and a surge in investment activity. The number of investors buying Phoenix and Scottsdale homes is off the charts and is at a level that surpasses the numbers during the housing boom. Phoenix was at ground zero of the housing market collapse. Despite this, ...
Worst of Housing Crash is Over
Michael Orr, an Arizona State University real estate expert, has predicted that the worst of the Phoenix and Scottsdale housing crash is over. Orr is the director of the Center for Real Estate Theory and Practice at ASU's W.P. Carey School of Business. He is a well respected real estate analyst in Arizona. According to Orr, the market is looking up. He said that prices are beginning to rise as inventory ...
Scottsdale Golf Hero Phil Mickelson Enters Hall of Fame
The Scottsdale golf community was thrilled when hometown hero Phil Mickelson was inducted into the Golf Hall of Fame. He received this honor on Monday in St Augustine Florida along with 4 others. Phil Mickelson has always been a favorite in Scottsdale golf circles. He has strong roots in Phoenix and Scottsdale. Phil attended Arizona State University and won his first PGA tournament while still a student at ASU. Grayhawk ...
Number of Scottsdale Homes for Sale Way Down
Check out the newest graph published by the Arizona Regional MLS board. This graph makes it blatantly obvious how few homes are on the market this year compared to the last two years. During the first quarter of 2010 there were 37,530 homes for sale. During the same quarter of 2011 there were 32,657 homes on the market. Fast forward to today, and there are only 18,401 homes for sale ...
Scottsdale Foreclosures Drying Up Quickly
There are fewer and fewer foreclosures in Scottsdale these days. Some people just don't believe it because of the hype in the media about looming foreclosures. Well, statistics don't lie. It is a simple fact that there are drastically less Scottsdale and Phoenix foreclosures now than there has been any time in the past 5 years. Residential Foreclosures in Maricopa County were at there all time high in March 2010 ...
Scottsdale and Phoenix Foreclosure Trends
The Cromford Report has just released its monthly statistics for Scottsdale and Phoenix foreclosures. This is some of the most accurate data on the state of our current market. In March 2012 there were 1982 foreclosures. This is down by 123 from February. This is also down significantly from the all time high in March 2010 when there were 5451 foreclosures in a single month. There is a clear trend ...