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Scottsdale real estate market

ASU: Phoenix Real Estate Market Returning to Normal

May 19, 2010

In his monthly Phoenix housing market report Jay Butler, associate professor of real estate at ASU, said that the market isn’t back to normal yet, but it’s getting there. You can read the April Phoenix Realty Studies report here, and listen to an interview with Jay Butler here.

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For Sale By Owner? The Value of a Phoenix Real Estate Agent

May 13, 2010

I was talking the other day with a prospective client who’s currently what we call a “FSBO” – meaning he’s listed his home as “For Sale By Owner.” His Scottsdale home has been on the market for 8 months (about 2 months longer than the average active Scottsdale home listing), so he’s wondering if there is a better way.

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10 Low-Cost Ways to Spruce Up Your Phoenix Home for Sale

May 10, 2010

While the Phoenix housing market is bumping along its way to recovery, there’s no doubt that it’s still a strong buyer’s market in Phoenix.  That means sellers have to work extra hard to sell for the listing price and in a reasonably short amount of time.  The list below is 10 easy and inexpensive steps [...]

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Case-Shiller by the Numbers: Phoenix Home Prices Down Slightly Again

May 6, 2010

Prices of Phoenix homes fell slightly in February according to the S&P/Case-Shiller Home Price Index, released on Tuesday. Let’s analyze what’s been going on in the Phoenix and Scottsdale real estate market. The S&P/Case-Shiller Home Price Index released April 27, 2010 (and covering through February 2010) had mixed news for the Phoenix real estate market.

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Buy or Rent Your Scottsdale Home? Ask the Calculator!

May 4, 2010

There was a great article in the New York Times the other day about how buying, in a lot of real estate markets, makes much more sense now than renting. I’ve blogged about the rent v. buy decision before, but this article gives some great new insight to the decision making process.

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ASU-RSI Report: Prices of Phoenix Homes Higher in March 2010 than March 2009 – Finally!

April 29, 2010

“For the first time in three years, the ASU-RSI (Repeat Sales Index) is showing an increase in residential prices: preliminary data for March show that year-over-year, prices for homes in the lower-price and foreclosure segments in Phoenix turned positive.”
That’s according to the latest ASU Repeat Sales Index, which reports sales of homes in Phoenix AZ.  [...]

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Real Estate in Phoenix Arizona: 7 Cities with Great Real Estate Deals

April 19, 2010

But the reasons that the Phoenix real estate market has some fabulous opportunities for buyers right now also mean that it’s especially important for buyers to beware. The absolute best deals are probably on Phoenix homes that are short sales or foreclosures.

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Phoenix Arizona Neighborhood Spotlight: Desert Ridge 85054

April 14, 2010

I’m helping a client buy a home in the Desert Ridge neighborhood of North Scottsdale (zip code 85054) and I was putting together some information on the area for her and thought I should share it with you, too. If you like it, I may make the “Phoenix Arizona Neighborhood Spotlight” a regular feature – let me know!

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Update: Phoenix Lease Purchase Options

April 12, 2010

This client doesn’t want to miss out on the incredible opportunity to buy now, so she asked about an agreement that could be the best of both worlds – a lease-purchase agreement where she rents a Phoenix home for 2 to 5 years but at the end of the lease has the option to buy the Phoenix home at some agreed-upon price.

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Only 3 More Weeks to Sign the Purchase Contract on Your New Phoenix Home!

April 9, 2010

If you’ve been on the fence about buying a new Phoenix home, you only have 3 weeks left to sign a purchase contract and get up to $8,000 cash money from Uncle Sam.

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