Referrals
We work with great people and coordinate various vendors to help them. Please take a look at The Referrals Page conveniently located under the "Stuff" tab at the top of the page. Call me if you have any questions about these folks.
Some snipits from recent DSNews.com articles:
"In addition to the aftereffects of the tax credit, factors weighing on the housing market include chronic high unemployment and the large number of distressed properties."
“Some of the largest declines in prices will occur in markets that had strong spring and summer 2010 price increases,” said David Stiff, Fiserv’s chief economist. “This is because the home buyer tax credit delayed the correction in home prices that is necessary to return housing affordability to its pre-bubble levels.”
"Stiff points to the Phoenix market as a prime example. There, prices increased by 5.5 percent from the 2009 second quarter to the 2010 second quarter, but Fiserv is forecasting a 16 percent decline in Phoenix home prices by the second quarter of 2011."
Steep drops in home prices are expected to continue in markets that have been hurt most by the housing crisis.
"From the second quarter of 2010 through the second quarter of 2011, Fiserv predicts home price declines of 12.4 percent in Nevada; 11.5 percent in Arizona; 9.4 percent in Florida; and 12.7 percent in the District of Columbia."
Back to Doug; Catherine Reagor has an article in the financially troubled local newspaper essentially regurgitating the figures from the most recent ARMLS stat report. But I don't like to be around negativity so here is what I am looking at: 24 offers for the San Mateo on Nocona, 7 offers for the Tercera on Crest and 4 offers in less than 48 hours for the Borrego short sale on Nocona. That would be demand with a capital D.
All real estate is local.
Tags: aviano, desert ridge, phoenix, real estate, villages, fireside,Arizona, short sale, foreclosure, Toll Brothers. Information and picturessupplied by MLS and deemed reliable but not guaranteed. Proud to wakeup, live and work in the great State of Arizona.
Some snipits from recent DSNews.com articles:
"In addition to the aftereffects of the tax credit, factors weighing on the housing market include chronic high unemployment and the large number of distressed properties."
“Some of the largest declines in prices will occur in markets that had strong spring and summer 2010 price increases,” said David Stiff, Fiserv’s chief economist. “This is because the home buyer tax credit delayed the correction in home prices that is necessary to return housing affordability to its pre-bubble levels.”
"Stiff points to the Phoenix market as a prime example. There, prices increased by 5.5 percent from the 2009 second quarter to the 2010 second quarter, but Fiserv is forecasting a 16 percent decline in Phoenix home prices by the second quarter of 2011."
Steep drops in home prices are expected to continue in markets that have been hurt most by the housing crisis.
"From the second quarter of 2010 through the second quarter of 2011, Fiserv predicts home price declines of 12.4 percent in Nevada; 11.5 percent in Arizona; 9.4 percent in Florida; and 12.7 percent in the District of Columbia."
Back to Doug; Catherine Reagor has an article in the financially troubled local newspaper essentially regurgitating the figures from the most recent ARMLS stat report. But I don't like to be around negativity so here is what I am looking at: 24 offers for the San Mateo on Nocona, 7 offers for the Tercera on Crest and 4 offers in less than 48 hours for the Borrego short sale on Nocona. That would be demand with a capital D.
All real estate is local.
Tags: aviano, desert ridge, phoenix, real estate, villages, fireside,Arizona, short sale, foreclosure, Toll Brothers. Information and picturessupplied by MLS and deemed reliable but not guaranteed. Proud to wakeup, live and work in the great State of Arizona.
