Phoenix Real Estate Market Update – The Scoop for June 2012

Are you sitting down? Here they are - the numbers for the Phoenix Real Estate Market as of June 2012. Yeah, it's still crazy. Inventory levels for the lower price ranges are practically zero! Equity sales continue to grow in numbers and prices are fast approaching the 2003 price levels. Kristin LaVanway http://www.HereInPhoenix.com Kristin@HereInPhoenix.com 480-282-7464 … [Read more...]

Phoenix Real Estate Market – May 2012 – INSANITY

The insanity is not just continuing, it's out of control. Inventory is still falling, prices are climbing, and tears are flowing as buyers suddenly realize the home-ownership train is leaving the station without them. Here are the cold hard numbers and a couple of survival tips for you! Kristin LaVanway Kristin@HereInPhoenix.com 480-282-7464 … [Read more...]

Phoenix Real Estate Investing – It Ain’t Rocket Science!

Fix and flips? Rental properties? Everybody dreams of success in real estate investing, right? But where to start?? It really boils down to three easy steps: 1. Plan your strategy - are you setting long term or short term goals? For long term goals you are looking for buy and hold opportunities - rental properties. For short term plans, you will be buying property then re-selling it right away. You need to know which way you are heading to you can develop a successful strategy. 2. Know your numbers - Depending on your strategy, you can use some simple rules to determine which properties are the best candidates. For fix and flips, yoiu will … [Read more...]

What’s Happening in Phoenix Real Estate – April 2012

Are We Really Running Out Of Houses? The real estate market in Phoenix continues to return to a more "normal state" whatever that means. Prices are edging up especially in price ranges below $250K, and inventory has dropped below the 2 month mark. Yikes! Think the shadow inventory is going to replenish the market - don't be so sure. However you look at it, we are going to be low on inventory for a while. Buyers: get over the fantasy that another big price drop is going to happen here in Phoenix. All signs point to higher prices. Good luck buyers and welcome back sellers!! … [Read more...]

Phoenix Real Estate Market Report – January 2012

For those folks waiting for the bottom of the Phoenix Real Estate market - it has come and gone. Here's a little wake-up call from San Tan Valley that demonstrates what we can expect home prices to do in 2012. Buyers, it's really time to come down off the fence...seriously. P.S. I told you!!!! … [Read more...]

National Vlog Posting Month (a few days late)

Thx to YouTuber Clintus McGintus (visit his site at http://www.youtube.com/user/Clintus#p/u/2/Gk5vHoy3Agw) for the heads up on NaVloPoMo1. Shooting a vid a day for a month - super psyched...see them posted at my "fun site" at http://www.http://hereinphoenix.com/. It's going to fun to play around for a month :)...posting a short video everyday with (little to) no editing. … [Read more...]

Landlord! Take My House Please!

I hate moving! But the worst part of this move was not loading the moving van, packing, unpacking, or even the fact that it's a hot Arizona summer (the season I always move). No, the worst part of this move is turning the house back over to the landlord and realizing that he is planning to squeeze me for that security deposit. Despite the fact that we have spent over $700 cleaning and sprucing, the landlord's representative, "Janet", nit-picksevery little thing she can in the final walk-through inspection. Not only do I get to forfeit whatever "accounting" decides to deduct for dead light bulbs, a dead fly, a piece of paper that blew into … [Read more...]

Who Needs Cable When You’ve Got a Real Estate License

Trust me...the entertainment value of real estate is gravely underestimated!! … [Read more...]

Short Sale Buyers – Special Forces

Buying a short sale is not for namby pambies The East Valley Team is taking a stand. When a buyer submits an offer on a short sale - it is hazardous to everyone's health (financially speaking) if they do not intent to execute that contract fully. Gone are the days of putting lots of short sale offers in to see what sticks, Banks are digging and making the process much harder so the message from the East Valley Team is this: You better be serious if you put an offer in on one of our short sale listings. … [Read more...]

Real Estate Negotiation 101

Negotiating real estate deals just ain't the same anymore Is it just me? It just doesn't seem like it's much fun any more to negotiate a real estate transaction. Short sales, REO's and homeowners who have have watched all the equity drain from the homes have taken all the pleasure out of the process. Remember the good old days, sitting around a table, playfully bantering counter offers around until everyone was happy? What do we have now?? Waiting months and months for that 50-50 chance that the short sale will be approved...working with the overworked REO lister, if you are lucky or the REO robot if you are not...or maybe it's an equity … [Read more...]