Here is a brief synopsis of the Phoenix real estate market for November 2011. This information is pulled directly from the Arizona Regional MLS system. There were 1,889 property sales in November. That’s down from 2,029 sales recorded in October, but up from November 2010, when there were 1,677 sales. Year-to-date sales of 23,696 are […]
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 […]
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 […]
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 […]
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 […]
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 […]
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Voted in the Top 3 Real Estate Agents in Arizona by the readers of Ranking Arizona Magazine, 2015-2025. 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.
