Arizona Real Estate Notebook

I just updated all the zip code real estate charts. You can find tons of information on metro Phoenix real estate trends by zip code from the right-hand sidebar. West Valley home sales strong but median price per square foot leveling off Several West Valley zip codes that had seen increasing prices per square foot [...]

Looking at actual home price appreciation – not median home prices – we see in the last few months through January 2010; Scottsdale-Paradise Valley, Tempe and Chandler started to depreciate again after moving sideways during the middle months of 2009, Glendale looked like it was starting to appreciate near the end of 2009 but lost [...]

Nah. My opinion is that, Nearly every Arizona Option ARM borrower who was only making the minimum payment every month (negative amortization) has already been foreclosed on, Those borrowers who were generally making the interest-only payment could actually see their monthly payments go DOWN because of the crazy low interest rates we have right now, [...]

No, the police dogs weren’t on trial. It was a contest of handler and police dog teams at Scottsdale Stadium recently. It was FREE and fun! Video shot from my new Droid phone.

Yes, Virginia, the Phoenix area median home price bottomed out more than a year ago! It’s likely, however, that some sub-markets within the Phoenix area have not bottomed out yet. Video Explanation The Cromford Report

(BTW, my wife says I am more handsome in real life… just so you know. Smart gal, that Liz.) Mentioned in Video Custom made web page of home I recently listed Home Sale News

This being an election year and all, I would have bet a nickel the politicians would extend the $8,000 first time home buyer tax credit. The silly and crazy expensive program was the “cash for clunkers” for U.S. housing. When a government housing program is so bad that the housing lobby stops pushing for it, [...]

To see photos, CLICK HERE.

The first unusual thing about this article is that the Washington Post would write an article that was in the least bit complementary of Texas. Somebody’s probably going to be out of a job in D.C. on Monday. (Just kidding.) Her thesis is that Texas was spared the worst of the housing bust because of [...]

West Valley zip codes losing upward momentum on median home prices This could just be seasonal because median sold prices tend to bottom out around January BUT several West Valley zip codes that were showing definite upward trends in median home prices seem to have lost momentum and may have lost some ground. March is [...]