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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

Bubble

Can the Phoenix Real Estate Market Recovery Sustain Itself?

There have been a pair of articles of note of late, spelling doom for the national real estate housing market. The first comes from SeekingAlpha, where the downturn in existing home sales as reported by NAR has the author believing the bull market of the past year-plus is going to stall. I’m hard pressed to disagree, if only because the double-digit appreciating we have seen here in the Phoenix real estate market cannot be sustained. At some point, inventory is going to climb as increasing numbers of home owners either take advantage of the equity recently built or find themselves above […]

Accepting the New Old Normal as Normal

I found myself banging my head against the steering wheel the other day while listening to ESPN Radio. There’s always the internal debate of whether the sports talk radio hosts really believe what they’re saying or are just trying to fill air time – I often hope for the latter – but the sheer stupidity of the statements overrode that thought process. In talking about baseball, one host suggested the powers that be lower the mound in an effort to increase scoring because “young kids” who grew up watching “video game scoring” through the steroids era are going to grow […]

We’re Forever Blowing (Real Estate) Bubbles in Phoenix

My good friend John Wake over at the Arizona Real Estate Notebook wrote a few days ago that the esteemed Robert Shiller (as in Case-Shiller, as in the Case-Shiller index which tracks home values in multiple metropolitan real estate markets) has said a bubble may be forming in Phoenix, Florida and other locales. Mr. Shiller a couple of years ago had said some areas of the Phoenix real estate market had overcorrected, which proved to be absolutely correct. (This means you, Maricopa and Queen Creek and West Phoenix, among others.) Realistically, it’s hard to question his conclusion. In fact, it’s […]

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