A New Year with New Opportunity

Happy New Year!  I hope you had a wonderful holiday season and have crafted your goals for a successful 2014. November 2013 was a quiet month in the Phoenix real estate market, even more so than normal.  We closed on 5,206 properties in the Phoenix Metro area, that is down 13.8% from October and is 23.6% lower from the same...

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October Will Be An Exciting Month

I always enjoy the month of October, it marks the end of summer and the start of fall.  Evenings are very comfortable with daytime temperatures in the high 80s.  This year, October will probably be even more exciting  because our son Jeff and his wife Stephanie are expecting their first child, a little girl.  Because we are...

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Phoenix Housing Market Looking Good with Falls Cooler Temperatures

I read an article this morning talking about how the rest of the country is excited that fall weather is around the corner – the author could tell because Starbucks was preparing to launch their “Pumpkin Spice Latte”.  The same article also said that the excitement of fall weather is short lived; a long, cold...

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With one month of summer left, how is the Arizona market holding up?

With one month left of summer, and I hope you have had a chance to take a vacation or have one planned very soon. Sales production in June dropped to 8,228 which is a reduction of 12.8% from May.  This is fairly common, and is a reaction to our summer temperatures.  Total sales are still ahead of last year but are lagging...

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Summer is here and home sales are increasing

Summer is here in Phoenix, we have just started enjoying triple digits high temperatures.  The good news is that mornings are still perfect for sitting outside and enjoying breakfast and reading the paper.  In May we hit an interesting milestone – for three days we had the “No Vacancy” sign flashing. ...

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Summer is right around the corner, but what does that mean for the AZ Housing Market?

Depending on where you live, you are either just starting to enjoy beautiful spring weather or realizing that summer is just around the corner.  Demand for quality rental homes is continuing at a fairly brisk pace.  We are also finding that a significant number of applicants do not meet our guidelines.  The trick is...

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