October Housing Market Round Up

The Phoenix Metropolitan Real Estate Market is continuing to show improvement: distressed inventories are down, foreclosures are down, and traditional buyers are up. This is exactly what I wrote last month and nothing changed – nothing at all. In August, 7,010 homes were sold, which is an decrease of 11.4% compared with...

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Phoenix Real Estate Market Shows Great Improvement

The month of June in the Phoenix Metropolitan Real Estate Market showed great improvement which tops off a very strong first half of 2015. In June, 8,674 homes were sold, which is an increase of 4.3% compared with May, and an improvement of 20.2% compared to June of 2014. June was the highest monthly sales volume in the last...

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The Phoenix Real Estate Market Experienced a 20 Month Appreciation

The Phoenix Metropolitan Real Estate Market experienced a 20 month period of rapid appreciation ending in July of last year. In that time the median sales price rose 70%. In the ten months since then, sales prices have remained relatively flat. Most analysts predict that the sales price of homes will slightly rise over the...

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The Phoenix Metropolitan Real Estate Market Experience More Good News After A Slow Start In January

In March, the Phoenix Metropolitan Real Estate Market experience more good news after a slow start in January.  The results were slight but encouraging.  In 2013 the real estate market was very strong for the first three quarters, slowing down in final quarter.  January was very quiet.  Some of these trends can be traced to...

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Market Is Slowing Down, Indicating We Are Returning To A Normal Market

The most recent data for the Phoenix metropolitan area shows that real estate sales is continuing to slow down, indicating we are returning to a normal market.  Most analysts are describing this transition as a positive step towards a sustainable, healthy real estate market.  For Front Porch Properties, we have been very...

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A Busy Start To The New Year For Front Porch Properties

The month of January has been action packed for us. I was quoted in the real estate column of the Arizona Republic on Saturday, January 25th giving my professional opinion on housing market, we rented and sold quite a few homes, and we are continuing to find wonderful guests (you know them as tenants) for our investment...

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