Before showcasing the next featured property, an affordable and green remodeled home in Phoenix, I thought it would be good to elaborate on the diverse mix of fix-and-flips in our market and my feelings towards each. Attractive home prices in Phoenix have caught the attention of several investors who have subsequently entered into the business
One way it’s different this time
Those of us in Arizona can still recall those days when real estate prices were booming back in 2005/2006, and it seemed like prices would never go down. The out of control and unsustainable rise in home values and subsequent bust, was a factor of many things…to include poor lending practices by banks, over speculation
Tips for Choosing Your Real Estate Partner
As anyone who’s ever listed a house on the market can tell you, finding a real estate agent isn’t hard. Finding the right one is hard. With so many agents vying for your time and money, how can you pick the right one for your home and situation? Here are a few tips to get
West 6th Tempe Open for Business
The high rise development project located steps off Mill Avenue formerly known as Centerpoint Condominiums has finally opened its doors.  Residents have just begun moving into tower one, six years after construction first began and after three years sitting at a standstill symbolizing one of the greatest real estate boom and bust cycles we have ever seen. This
Market Report August 2011
The Cromford Report has some interesting data on the Phoenix real estate market as usual. Â While prices still appear to be “bumping along the bottom” ,and the existing median home sale price still remains around $110,000 where we’ve been since December 2010 , we are increasingly moving into a seller’s market territory. Â In a seller’s
Five Considerations for First Time Homebuyers
Your first home purchase is exciting, but it can also be stressful. Here are some tips to limit the trauma and help you find the home of your dreams the first time around. 1. Set your budget The most important step in selecting a home is knowing how much you can spend. If you already
Market Report July 2011
Here’s the latest from The Cromford Report: “What an amazing month was June! According to the current ARMLS data, 2,216 homes closed on June 30 across all areas and types, the largest total we have ever recorded for a single day. It beat the previous record set on June 30, 2004 by nearly 57%! Not
Market Report June 2011
“Housing Prices Fell in March for 8th Straight Month” “Housing Imperils Recovery” “U.S. Housing Market in Double Dip as Prices Fall to Fresh Lows” “Home Prices Continue on their Downward Spiral With No Relief in Sight” Those were a few of the latest real estate headlines from national media sources reporting statistics from the S&P
