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 […]
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 […]
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 […]
Harp 2.0 Home Refinace Program has started in Arizona
The long-awaited federal refinance program called Harp 2.0 finally started on Monday. It will, in theory, allow many people to refinance mortgages and lower payments in spite of owing far more than their homes. Some lenders began taking applications last November. But the federal government had to work out some issues with the program and […]
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 […]
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 […]
Happy New Year From Your Scottsdale Real Estate Team!
Happy New Year from your Scottsdale Real Estate team! We hope that you have a fantastic 2012. Carmen Brodeur JD Realtor Trillium Properties, LLC 9825 E Bell Road, Suite 120, Scottsdale AZ 85260 (602) 791-0536 Carmen@TopScottsdaleHomes.com www.TopScottsdaleHomes.com
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