Phoenix Real Estate Blog

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Real Estate Agent - Sterling Fine Properties - AZDRE# BR553129000
Knowledge is power. In that spirit, the MyPhoenixMLS Phoenix Real Estate Blog covers everything that's Phoenix-area real estate, with the goal of helping buyers and sellers navigate the market.

ARCHIVED BLOG POSTS

2010 

Going into Memorial Day weekend – where there will be much outdoor grilling and entertainment to be had – made me think about the importance of landscaping. It really can’t be overlooked. Let’s start with a quick quiz: Q: How much does America spend annually on their outdoor grass and gardens? A:...
05/28/2010
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. Some highlights f...
05/28/2010
The weather is unseasonably cool and the mortgage rates are hot, hot hot! Falling unexpectedly below 5 percent – again – the Wall Street Journal this morning reported that “rates could drift as low as 4.5 percent this summer from 4.86 percent now, instead of rising to 6 percent as some economists...
05/28/2010
How often have you wanted to do something but it wasn’t the right time? I hear that a lot, especially from prospective home buyers and sellers. But what if you could predict where the Phoenix AZ Real Estate market was headed? Would that influence your decision? Well, now you might be able to pred...
05/28/2010
  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 ...
05/13/2010
  Phoenix Home Prices Down Slightly Again Real estate markets across the country (including the Phoenix housing market) seemed to get the jitters in January, according to the recent S&P/Case-Shiller Home Price Index, last released on April 27.  In every Case-Shiller market (20 of the country’s la...
05/07/2010
  Yesterday at the Annual Economic Outlook Luncheon three experts offered their predictions for the next year in Arizona. Lee McPheters, director of the JPMorgan Chase Economic Outlook Center at ASU, said that economists had hoped to find some rays of sunshine in the housing market but instead fo...
05/04/2010
  I was featured on REALTOR.com® again – they posted a blog I wrote called “Grab Your Inner Tube: Short Sales are the Next Wave in Real Estate.” Go read the full post, but the gist was this: there is a coming wave in Phoenix short sales (which the numbers back up), and that’s actually a good thin...
05/04/2010
  “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 ...
05/04/2010
  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.   The first...
05/04/2010
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Bob Stahl

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