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 […]
Scottsdale Foreclosure Homes for Sale
Now is a great time to buy Scottsdale Foreclosures. There are fewer and fewer becoming available as the Scottsdale Real Estate market continues to improve. Below you will find the current bank-owned homes available in Scottsdale. This page will update daily and add any new homes that come available. Carmen Brodeur JD Realtor Trillium Properties, […]
Scottsdale Real Estate Market Looking Up in 2012
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 […]
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 […]
Mortgage Rates Fall Again to 4.10%
Mortgage rates on a 30 year fixed mortgage fell slightly to 4.10% from 4.11% last week. This is slightly higher than the record low in the rate, earlier this month. Three weeks ago, the rate dropped to 3.94%. That was the lowest rate EVER on record according to The National Bureau of Economic Research. What […]
Scottsdale Golf Clubs Change to Market Based Pricing
If you are considering purchasing a Scottsdale home in a golf community, you should be aware that many Scottsdale golf clubs have changed from a set price for a golf membership to “market-based pricing”. This greatly affects the purchase price and value of the memberships in those Scottsdale communities. Estancia and DC Ranch both currently […]
Maricopa County Sales Data for Fall 2011
WOW: Total active listings have dropped by another 565 units over the beginning of last month. As of September 10, we sit at 27,085 Actives for Single Family Homes and Condos. Sales are at 8498 for the last 30 days (as of September 10), down by 271 from July. We are currently sitting at a […]
Voted in the Top 3 Real Estate Agents in Arizona by the readers of Ranking Arizona Magazine, 2015-2023. 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.
