The Phoenix real estate market is in a buyer frenzy early in the season due to low inventory in the most active price ranges. For Buyers: Buyers continue to find themselves in a frenzy of competition for homes as March recorded the highest number of non-distressed sales through the MLS since September 2005. Supply has … [Read more...] about Phoenix Real Estate Market Update – It’s a Buyer Frenzy!
A friend of mine recently asked me about investing in a REIT, which is a Real Estate Investment Trust. There's been a lot of them poppin' up over the last 15 to 20 years - especially online. This particular one that she was looking at had $1,000 minimum. My friend asked, "I don't have the $1,000 now, but if I did is this a good … [Read more...] about What’s the Easiest Way to Invest in Real Estate?
There are some real hot spots in Phoenix this winter. These Hot Spots are fueled by two things: Jobs Lifestyle There's been a lot of job growth recently in the I-10 corridor, the I-17 corridor as well as right around North Tempe and South Scottsdale. So let's use a fun bee analogy, shall we? These … [Read more...] about Hot Spots in Phoenix Real Estate
Monterey Point is located in Chandler, Arizona, on the SW corner of McQueen and Frye Roads just North of Loop 202. Great location in this popular Phoenix suburb, Monterey Point is just minutes from Historic Downtown Chandler, and convenient to local schools, city parks, and hundreds of restaurants and shops. Easy access to … [Read more...] about What’s Sold Recently in Monterey Point – Chandler, AZ 85225
http://www.youtube.com/watch?v=d9EoBa_ez3Q Spencer Rascoff, the CEO of Zillow, sold his house in Seattle in February for a cool $1,050,000. You might be wondering why I am telling you about this. Who cares if Spencer sold his house..whatever. Well, what makes this story interesting is that Rascoff's website, Zillow, … [Read more...] about About that Zestimate, Spencer….
Are you having trouble finding a rental property in Phoenix right now? Well, you are not alone. Our rental inventory is a fraction of what it was a few years ago. Just to out things in perspective, in 2008,there were roughly 10,000 properties listed for rent in Metro Phoenix. Right now, there are less than 2200 homes or rent, … [Read more...] about No RENTS for the Weary
Word on the street is that it's a buyer's market in Phoenix right now. Ummmm...not exactly. The answer to the question of whether buyers or sellers have the edge in the Phoenix real estate market, like a lot of questions about Phoenix real estate, it depends. Let's take a look at how the price of the house is related to who … [Read more...] about Who’s Calling the Shots in Phoenix Real Estate? Buyers or Sellers?