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

Jonathan Dalton
ePro, SFR

Phoenix Market

CNN Gets it Right for the Wrong Reasons

From CNN/Money this morning … NEW YORK (CNNMoney) — Buying a home may never get any cheaper than this. Several housing experts are predicting that this year will be the last chance for bargain hunters to cash in on the best deals of the weak housing market. With home prices down 34% nationally since 2006 and mortgage rates at historic lows, homes have never been more affordable — but it won’t stay this way for much longer. Keep in mind, as always, that these articles are written from a national perspective; in other words, when they talk about a weak housing market, […]

With 2 Percent of Precincts Reporting

Just heard from a friend of mine through Google+ who spoke with a friend who handles BPOs (broker price opinions) for lenders getting ready to list bank-owned properties. Apparently, the phone started ringing off the hook yesterday which meshes with what I was hearing from my former brokerage as well about a sudden surge in BPO requests. There are a lot of things that can go sideways from the time a bank orders a BPO to the time a foreclosed home appears on the market, but it’s hard to view the phones starting to ring again as anything but a good thing. […]

Emerging from the Rabbit Hole

Or, at least, shifting the insanity that is the current debates over online real estate to my long-forgotten Real Estate 1 Point 5 site since there’s a more than excellent chance that I’m starting to bore my three readers. Once upon a time this was of less concern – I happily wrote about national issues as often as local. And while this still isn’t the place to learn about the community sale that’s happening up the block from you, it makes a lot more sense to focus on the local market as national matters have less impact here, at least […]

A Blog Day Without Snark, Doom or Hysteria

Twitter usually explodes during these events; today, the only two items of note I saw were the unexpected appearance of Jay Thompson (less than a week after a heart attack and a couple of stint insertions) and the statistically accurate and largely irrelevant note that 60 percent of all people using Zillow aren’t working with a real estate agent. Damn it. I tried to get through without any snark but it’s just not possible; not when I’m watching the above stat get retweeted as gospel without anyone stopping to ask how many of those 60 percent simply are homeowners poking […]

Real Estate Investors: Go Away, For Your Own Sake

Assuming you didn’t take my advice based solely on the headline, here’s the line of thought for today inspired by an e-mail I sent one of my investors on Monday: In this market, with inventory as thin as it is, about the only way to secure a home is to overpay for it. There are no bargains out there right now. Everything – everything – new to the market is going to be a multiple offer, highest and best scenario where the highest cash offer will win. And the ones on the market longer, such as this one, are going to be […]

Shafts of Blue Amid the Gathering Clouds

Let’s see … There are thunderstorms expected from the western Great Lakes through north Texas. Snow (seriously, in April?) is expected north of the frozen tundra of Green Bay. And temperatures in the Ohio Valley are in the 70s and 80s. All of which, of course, has absolutely nothing to do with our high today in Phoenix of 93 and the way-too-early onset of triple-digit temperatures coming this weekend. And that’s really the point today – what is happening nationally in real estate, much like the weather, doesn’t necessarily apply to the Phoenix area. Let’s go back to April 6, […]

The Bedrock of the Market

I’m a sucker for David McCullough’s histories. And so it was that last year I found myself reading “The Great Bridge: The Epic Story of the Building of the Brooklyn Bridge” and learned of the marvels of engineering involved with this iconic landmark’s construction. Some may find the creation of Roebling wire the most interesting; others the series of angled support cables that allowed the spans to be draped over only the single mid-river support. For me, though, what was most remarkable was the utterly grim and desolate work of men working within caissons, removing material from the bottom of […]

Playoff Hockey and Phoenix New Builds

It’s virtually impossible to describe playoff hockey to someone who hasn’t experienced it. There is a palpable energy in the building, the sensation of 18,000 people holding their breath simultaneously and releasing at sporadic moments throughout the game – a shot on a goal, a crisp pass and, especially, a hard check into the boards. The first time I experienced playoff hockey was while covering the Phoenix Roadrunners of the since-defunct International Hockey League. And that still wasn’t preparation for 1997, when the Phoenix Coyotes made the playoffs on their first season here and faced the Mighty Ducks of Anaheim, Laguna […]

Quick Pulse Poll: Pick the Appropriate Adjective

For the past couple of weeks, the posts here at All Phoenix Real have been particularly: Shrill Whiny Concerned Frustrated Apocalyptic All of the above Go ahead, think about it and then register your vote in the comments below. But do come back when you’re done. Trust me, I’m well aware of the tone here recently. To be perfectly blunt, I have a fairly low tolerance for inanity and the online real estate space has been filled with such things for the past month. To whit: Those of us trying to sell homes in a market with no inventory […]

Baseball, Real Estate and Critical Thought

I am a man of two worlds. There is the real estate agent who has built a business out of absolutely nothing in the course of the past eight years. And there is the sportswriter who has been hanging around press boxes for the past 24 years and often is stunned by the changes that have taken place. In some places these world collide, not Fringe style, but still … Twitter, once the play thing of technogeeks real estate and otherwise, is mainstream to the point that it now is considered a news source. Everything you need to know available […]

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