Courtesy of The Cromford Report, April 20th, 2015: The chart below shows great activity with the Phoenix Metro area’s real estate market. All the green areas indicate positive momentum, with an over all market index of 127.5. The median price … Continue reading →
Courtesy of The Cromford Report, March 20th, 2015: below is a concise graph for Active MLS listing counts, number of sales per month, and sales price per square foot moving average. Each of the 3 graphs depict monthly information back … Continue reading →
After having been called out by local experts, RealtyTrac reexamined their data, and discovered they’d used old numbers for January 2015 Arizona foreclosures. Previously reporting that Valley foreclosures had increased to 2,300 (and 3,500 state-wide) in January, after addressing their data … Continue reading →
Canadian buyers seeking sunny winters and second home bargains swarmed the Phoenix Metro market during our housing bust. The strong Canadian buying began fading away over a year ago as the bargains they were snapping up were no longer available … Continue reading →
While I’m questioned about Arizona’s “shadow inventory” much less frequently than in years past, this subject still crops up. People remember the claim that banks were going to unleash untold numbers of homes on the market at once, or they … Continue reading →