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From the category archives:

Phoenix Housing Market

Greater Phoenix Real Estate October Market Update I: East Valley Condo Market Gets a Boost, Single-Family Market a Mixed Bag

November 21, 2008

Welcome to the ninth edition of the MyPhoenixMLS area-specific market conditions update.  Today, I’ll post market conditions reports for the East Valley, including Chandler, Gilbert, Tempe, and Mesa; in my next post I’ll describe market conditions in the Scottsdale and Phoenix markets.

Chandler
The number of homes resold in Chandler decreased 6.9% in October, after a 4.8% [...]

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Greater Phoenix Area October Real Estate Market Update

November 19, 2008

It’s here again: time to produce my monthly Phoenix area real estate news video for Realty Times. Read on for a snapshot of what went on in the Phoenix area in October.
Did you miss my last Realty Times news video?  You can check it out here:  http://realtytimes.com/REUv/BobStahl
Enjoy!
RT: What specifically happened last month/quarter in this market?
MyPhoenixMLS.com:  [...]

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Phoenix Real Estate Blog: After a Housing Market Bust, Some Homeowners Are Still Living in a Bubble

November 12, 2008

Earlier this year I blogged about the disconnect between some homeowners’ perceptions of the value of their homes and the actual value.  I wrote about a Zillow.com study which revealed that in the Western U.S. 36% of homeowners thought the value of their homes had increased; 30% thought the value hadn’t changed; and only 34% [...]

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Phoenix Real Estate Blog: Nearly One-Third of Arizonans Are “Underwater”

November 4, 2008

29.2% of Arizonans are underwater — not literally, of course, but figuratively in the sense that they owe more on their mortgages than their homes are worth.  Take 10 people on the street and 3 of them are in this situation.
Sounds grim, but the situation is even worse in Nevada — where almost half (48.6%) [...]

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Greater Phoenix Real Estate September Market Update II: Foreclosures Present Good Opportunity

October 28, 2008

Welcome to the eighth edition of the MyPhoenixMLS area-specific market conditions update.  Today, I’ll describe what’s gone on in the Scottsdale, Paradise Valley and Phoenix area real estate markets this past month.
Scottsdale
The number of homes resold in Scottsdale in September was flat compared to August at 345.  That’s 35.3% higher than in September of 2007, [...]

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Greater Phoenix Real Estate September Market Update I: East Valley Home Sales Up, Prices Still Down

October 24, 2008

Welcome to the eighth edition of the MyPhoenixMLS area-specific market conditions update.  Today, I’ll post market conditions reports for the East Valley, including Chandler, Gilbert, Tempe, and Mesa; in my next post I’ll describe market conditions in the Scottsdale and Phoenix markets.
Chandler
The number of homes resold in Chandler increased 4.8% in September compared to August.  [...]

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Greater Phoenix Area September Real Estate Market Update

October 22, 2008

It’s here again: time to produce my monthly Phoenix area real estate news video for Realty Times. Read on for a snapshot of what went on in the Phoenix area in September.
Did you miss my last Realty Times news video?  You can check it out here:  http://realtytimes.com/REUv/BobStahl
Enjoy!
RT: What specifically happened last month/quarter in this market?
MyPhoenixMLS.com:  [...]

Read the full article →

Phoenix Real Estate Blog: Are McMansions History?

October 20, 2008

The trend began in California but quickly spread to other states where the housing boom was taking off — Nevada, Florida, and our own Grand Canyon State: rows upon rows of new tract homes — large homes, often with expensive amenities but cut from similar (not exactly the same) molds.
In fact, the Phoenix area was [...]

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Phoenix Real Estate Blog: Proposition 201 — Homeowners’ Bill of Rights

October 19, 2008

In August I wrote a post about real estate-related propositions that would show up on the November ballot.  As November 4 is fast approaching, I thought I’d take a more in-depth look at one of those propositions, which has caused quite a stir around town.
The proposition is 201, known as the “Homeowners’ Bill of Rights.”  [...]

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The Solution to Falling Real Estate Prices: The Wrecking Ball Response???

October 10, 2008

In yesterday’s post I mused at the end about the effects of the $700 billion “bailout” plan.  It’s hard to believe it was just last week that was passed — it seems like eons ago.  Since then, central banks around the world cut interest rates, the Fed promised new infusions of cash, and the government [...]

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