A(nother) Year Without Inventory

Taking a quick look at the Arizona Regional MLS and we have 9,747 detached homes for sale across Maricopa County, an area roughly the size of New Jersey. For those unsure, that’s not a lot of homes. That doesn’t, however, stop the misinformation from rolling along from ear to ear, though I don’t really know […]

Phoenix Market Update – April 1

Don’t let the date fool you … here are some real numbers on day generally filled with bunk. As of the moment, there are 10,063 detached homes for sale in Maricopa County. This remains about 10 percent below where we were at the start of the year. Local mainstream media finally is catching on. Channel […]

Phoenix Real Estate By the Numbers – February 2013

Yes, yes, I know … March is almost done and I’m just posting February numbers. So be it. In February, there were 4,797 closed sales on single-family detached homes in Maricopa County, down from last year’s 5,255 for the month. 487 of the sales – barely 10 percent – were bank owned homes. Last year, […]

Down More Rabbit Holes than I Can Count

Has it really been nearly a month since I’ve written a post? And did I really write only four posts in February? The thing none of all the wonderful social media guru types tells agents is that real estate blogging takes work. Not so much the effort of writing itself, though for many the idea […]

Is the Change in the Phoenix Real Estate Market All Hype?

Such is the state of the mainstream media, not to mention the its-a-great-time-to-buy ethos of the National Association of REALTORS, that it’s often difficult to determine whether the proclaimed recovery of the Phoenix real estate market is more hype than reality. Here are a few signs that would lead one to believe what we’re seeing […]

Phoenix Real Estate By the Numbers – January 2013

Let’s take a look at the Phoenix real estate market by the numbers in January. And I promise, we’ll keep the lights on through the entire post. As of the moment, there are 11,025 detached homes for sale. As I said this weekend, that’s essentially the same level we’ve been at for the past couple […]

Quick Phoenix Real Estate Inventory Update

We’ll run through the January numbers on Monday but a couple of quick notes on the inventory … As of the moment, we’re at 11,092 single-family detached homes here in Maricopa County. That’s essentially the same number we’ve seen for the past couple of months, give or take a couple hundred. Also of interest, according […]

Phoenix Metro Real Estate By the Numbers – December 2012

Nothing like some numbers dry as milquetoast on a Saturday morning. Here’s how December shaped up in the Phoenix real estate market: 5,210 single family detached homes sold in Maricopa County, a roughly 10 percent drop from the 5,700 and change sold in December 2011. 493 of the 5,210 were bank owned properties 123 were […]

Quick Phoenix Real Estate Inventory Check

Not surprisingly, inventory has fallen off slightly over the past two weeks – only a raving lunatic would put their home on the market in the week before Christmas – so we’re down to 10,979 single family detached homes in Maricopa County as of the moment. Barring another drop in the prices, the sub-$50k housing […]

Phoenix Real Estate By the Numbers – November 2012

A little bit late this time around, but the wonderful thing about the past is the facts don’t change. Well, unless it’s Bill O’Reilly writing history. Before we get rolling, there are 11,165 single family detached properties for sale in Maricopa County. That number has been about the same for the past month and, given […]