Phoenix Real Estate Market Update

It may or may not surprise you to know that there are 13,889 single-family homes for sale in the Phoenix real estate market. This actually is a rather low number in the grand scheme of Phoenix real estate history. Over the past 30 days, more than 6,000 homes – 6,280 to be exact – have […]

New Study Shows There Can be Too Much Bacon

Let’s dispense with two things right off the bat. Yes, I know the above product does not actually exist so there’s no reason to run to Snopes to check it out. And second, and far more importantly, I really love bacon. I mean, other than my daughter, who doesn’t? As far as pork products go, […]

State of the Phoenix Real Estate Market

I dunno. And anyone who says they have any definitive sense of what 2014 will bring is more full of bluster than General Montgomery. (Which reminds me, for a really good read on World War II, check out Terry Brighton’s Patton, Rommel and Montgomery. But I digress.) Inventory, after climbing for months, has tailed off […]

Phoenix Real Estate Market Report – October 2013

Here’s where things stand at the moment … Right now, there are 15,986 single family detached homes for sale in Maricopa County. That’s an increase of roughly 77 percent off of this year’s lows. That’s a huge jump and it doesn’t bode well for those looking to sell as there’s far more competition now than […]

Month-End Rally Keeps Phoenix Real Estate Afloat

What a final week it was; where a week ago there only were 3,100 sales logged in the Phoenix real estate market – detached homes only, data courtesy of the Arizona Regional MLS – a late rush of escrows pushed August’s final sales number to 5,057. So, instead of being the worst August in 2008, […]

Phoenix Real Estate Inventory Soars Past 10,000

As predicted here two weeks ago, inventory of single family detached homes here in the Phoenix real estate market has moved past the 10,000 mark. As of this morning, there are 10,031 detached homes for sale in Maricopa County. Of these, only 657 are priced at $100,000 or less. Needless to say, it’s a different […]