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Phoenix Real Estate and Homes for Sale | Jonathan Dalton, Realty ONE Group – (602) 502-9693

Jonathan Dalton
REALTOR
ePro, SFR
602-502-9693

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Ignore the Data Points – Watch the Trend

The talking heads on Fox News yesterday were cautioning viewers not to read too much into the swings in the Dow Jones Industrial Average based on the statements of whichever Congressional caucus was blaming the other for the failure to pass the bailout bill. While they never said the words, the basic concept was not to sweat the individual data points but to watch the overall trend. And one day does not a trend make. The Dow soared 485 points today meaning that for the past two days, the net drop was 292 points. Oddly enough (note the sarcasm) the […]

No Phoenix Inventory Update Today

We’re closed for Rosh Hashanah today, so the stats will be back tomorrow. For those celebrating as well, l’shanah tovah. We’ll see you tomorrow.

Bailout Bill Dies in the House

The bailout bill died this morning in the House of Representatives. Rep. Barney Frank is blaming the Republicans for not supporting the measure though a lack of support could be found on both sides of the aisle. Here’s the question to which I’d like an answer – and the answers I see seem to vary widely depending on who happens to be speaking. Is this measure absolutely necessary? As the banking industry contracts to where there are a handful of large-scale national banks as well as some regional banks – banks that have not been impacted by the mortgage market […]

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