You Missed the Buyer’s Market in Phoenix

Saturday, July 18th, 2009 | Investment, Real Estate, Statistics | No Comments

Here is a three minute video showing what is happening in the volatile real estate market in the Phoenix area.

This is the fastest change that I have ever seen. Good up to date stastics to verify my assumption.

Click here to see a video of “You missed the market in Phoenix”

Tags: buy real estate, buying real estate, home buyers, Phoenix real estate, Real Estate

What happened to the Buyer’s market in Phoenix

Sunday, June 14th, 2009 | Investment, Real Estate | No Comments

Just a few weeks ago any buyer who wanted to purchase real estate in the Phoenix valley would usually put in a discount price and ask for a list of concessions.  Since the market was so distressed and so few buyers, sellers especially bank owned properties would jump on an offer. Now all of that has changed.

There has only been one of my buyers who was able to purchase a property with only one offer. All the others have found that easy pickings are not as easy and better get there first. I have one client who has put in 8 offers at or above list price. This buyer has great credit, cash for a hefty down payment and a short list of desired options. But my client is still looking for a home.

Every agent I speak with is reporting similar buying challenges.

I won’t bother to write why I think this has happened. I just want to warn prospective buyers. Get ready to work for a great deal. The sellers are watching their properties move.

Tags: buying a home, buying real estate, Phoenix real estate

Best Time to Buy a Home in 4 Years!!!!

Friday, March 7th, 2008 | Investment, Real Estate, Statistics, The Economy | No Comments

Sometimes we see some news that really make sense. If you were looking to the best time to purchase a home. This is a must read.

Read this!

Tags: buying a home, buying real estate, Phoenix real estate