Archives for May 2008

Have $10,000 Burning a Hole In Your Pocket?

The 2008 World Series of Poker kicked off yesterday at the poker room of the Rio All-Suites Hotel and Casino. So if you happen to have $10,000 to spare and would like to sponsor a boy and his beagle in exchange for a share of the spoils, we’ll be happy to take the trip to […]

Need an Extended Closing Period? Short Sales Might (or Might Not) Be the Answer

Yesterday I received a question from a Canadian buyer who is looking for a property with an elongated escrow period. Closings in Arizona usually take place in 30 to 45 days. It’s possible to have shorter or longer escrow periods, but they’re the exception rather than the norm. Why? Shorter becomes difficult because as a […]

Another Tremendous Trulia Voices Answer

This one courtesy of Dee Johnson, an agent in Prescott Valley. Someone in Indianapolis asks about “Fontana Lakes” in Peoria. What they really meant was “Ventana Lakes” which I happen to know a thing or two about. Given the choice between remaining silent on a topic about which she knows nothing or sallying forth in […]

Uh-Oh … He’s on Memory Lane Again

Sunset at Packard Stadium, home of Arizona State University’s baseball team. If you’re a sports fan, your life often is marked in seasons. Twenty years ago this spring I watched Mike Kelly homer off the ASU flag in left-field some 30 or so feet in the air, the ball just beginning its downward decent as […]

Friday Afternoon Theme Music – May 30

Have I done this one before? I don’t remember and I’m going to be lazy and not look back in the archives to see. Why would a Phoenician post this? Because I was born in Los Angeles and have been a Lakers fan my entire life, mostly to the annoyance of my wife. Since this […]

Online Versus Print Advertising – It’s No Contest

Last week a home search site,, came onto the scene. The main difference between this and a number of similar sites is RealSeekr was designed by real estate agents so presumably they’ve kept what we as a group tend to like and tossed what we don’t like in creating this platform. Will anyone find […]

Ins and Outs of IDX

The Phoenix real estate listings you see on this site and many others all are powered by something called IDX – Internet Data Exchange. Depending on the IDX provider an agent or brokerage chooses, the level of information you will see on these IDX searches can vary widely. For instance, I used to use Success […]

No Competition in Real Estate? Really?

Sometimes, you just have to shake your head. Admittedly, I’d never read Jeff Jarvis’ blog before and probably won’t read it again – it’s little different than the “all real estate agents” suck routine you can get in a dozen other places. But there’s one line from his post yesterday celebrating the settlement of the […]

Phoenix Real Estate Inventory Update: May 28

We’re experimenting with tables today … if this doesn’t look good, we’ll go back to the maps. Just want to make sure everyone’s still paying attention. Inventory continued to fall over the last week – we stand at just over 38,000 single-family detached homes for sale in Maricopa County. Sales in the Phoenix real estate […]

Phoenix Bank Owned Inventory Continues to Fly

As has become the custom the last month, this one’s going to be a two-parter. Full report for all of the cities in the Valley will come later this afternoon. Today’s big story? Bank owned homes are moving and moving fast … there were 1,131 closed sales of REO homes in the Phoenix real estate […]