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Jonathan Dalton
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Phoenix Real Estate Slowing Considerably

So here’s where things stand as of the moment in the Phoenix real estate market. There are just shy of 26,500 single-family detached homes for sale in Maricopa County. And since the start of the month there have been just over 3,500 closed sales – a far cry from the 5,000-plus months we were seeing earlier this summer and also a year ago. Those two figures mean there’s about 7.5 months of inventory here in the Phoenix real estate market, double what it had been once upon a time in 2009 and even the start of 2010. What has changed? […]

Walking Through Haunted Downtown Flagstaff

Flagstaff on a Phoenix real estate website? Absolutely! Because, in many ways, the City of Flagstaff is one of the reasons to buy real estate in Phoenix. Just two hours north of the Valley and sitting at more than 7,000 feet, the cool pines of Flagstaff provide a break from the heat in the summer (or, in our case this year, the heat of late September – highs near 110 today) and give a taste of snow in the winter. And you don’t have to shovel your way out of your hotel’s driveway. Any avid viewer of Ghost Adventures on […]

Congress May Mull Shortened Short Sale Timeline

Tired of waiting weeks and months to get an answer on a short sale? Rep. Robert Andrews (D-NJ) feels your pain. Andrews last week introduced H.R. 6133, which would require lenders to respond to short sale requests within 45 days of the request being made. For those who remember their Schoolhouse Rock, this means “Bill” is sitting around on the steps lamenting that it’s a “long, long wait while I’m sitting in committee” (and likely will get longer with the House debating whether to recess early to save their … er … seats.) A cynic might point out that the […]

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