Black Friday shopping is a holiday tradition for me. I enjoy the thrill of the deal and beating the competition to scoop up certain items. I research the deals online and in the newspaper ads, then systematically hit the stores with military precision. I generally save about $300 each Black Friday. While I was waiting […]
Canadians Flocking to Scottsdale
Canadians have always made up a large percentage of homebuyers in Scottsdale. The sunny skies, warm winters, dry climate, and breathtaking views of mountains and desert attract many Canadians, especially Albertans. The recent plummet of Scottsdale home prices and a rising Canadian dollar have made Scottsdale homes even more attractive to Canadian buyers. Over the […]
Over 20% of Phoenix Residents Moved Last Year
Over 21% of Phoenix residents moved during 2011. Wow – stop and think about that for a moment. One in 5 people in Phoenix are living in a different home in 2012 than they were in 2011. Phoenix has among the lowest residential stability rates among major cities in the US. Only Austin and Las […]
4 “New” Rules When Shopping for Scottsdale Homes
Since the Scottsdale housing market has turned around this year, buyers are finding they are in a whole new game. If you want to be successful in buying a Scottsdale home, these are four new “rules” that you should consider: 1. Lowball offers are usually a waste of time: Lowball offers that are significantly lower […]
Home Prices Rise Nationwide As Phoenix Leads The Charge
Rising home prices are an important indicator that the housing market is recovering. Since July, the U.S. has seen home prices rise, mortgage and foreclosure rates fall and increased optimism and confidence in homeowners, home buyers, and home builders. Home prices nationwide rose 1.2 percent in July over the same time period last year. Reports […]
Scottsdale and Phoenix Leads The U.S. In July Home Price Increase
According to the Standard & Poor’s Case Shiller index, home prices across the nation were up 1.2 percent in July. This study is based on half of the homes in the U.S. It measures home prices compared with those in January 2000 and creates a three-month moving average. The rise in July is the second […]
The Phoenix Real Estate Market is UP! But Up is a Relative Term
Yes, the media has gone gaga, and not just locally, but also nationally about how much the Metro Phoenix (including Scottsdale) market is up year over year. Up is a relative term though. Yes, it’s up 25% roughly at the median and mean price points, but it was also down around 60% so now that […]
Percentage of “Regular” Sales Increase as Foreclosures Decrease
Normal resales of homes, that are not short sales or foreclosures, currently represent 57% of the market. That is the highest percentage for “Normal Sales” in five years! Foreclosures were dominating the Scottsdale real estate market for many years during the crash. That has completely changed. The number of foreclosures on the market has plummeted […]
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