Phoenix Real Estate Market Update: Now that we're nearing the end of summer (at least as far as school goes), I thought an updated Phoenix real estate market analysis would be helpful. Have I mentioned how much I love Michael Oor at ASU? Not this month? He makes numbers and statistics sound sexy. Oh, maybe that's just the British accent...I digress. What is the Phoenix area real estate market doing? We're seeing a little bit of a summer lull (not at all uncommon with back to school). … [Read more...]
Community Spotlight – Dobson Ranch in Mesa
Around here, we like to talk about communities that we think are cool places to live. Dobson Ranch is in Mesa's 85202 zip code and is located just east of Price Road, stretching to Alma School Rd, south of the Superstition freeway all the way to Guadalupe Rd, Dobson Ranch offers a very convenient location near the 60 and the 101 freeways. The super-convenient freeway access and the abundance of restaurants, jobs and shopping in the area make for a great place to live. With approximately … [Read more...]
Phoenix Residential Real Estate Distressed Market Update: December 2013
I was talking with an investor client that had purchased a few homes through me in the past. He had heard that inventory was rising in the Phoenix metro area and he wanted to know if prices had dropped and if it would be possible to get a "good deal with a decent rate of return" on another investment home purchase in Phoenix. I knew that this would be a complex question to answer knowing that he had purchased 2 short sale listed single family homes in Gilbert in late 2011 when the market … [Read more...]
How Buying Your First Home Is Like Your First Day of College
First-time homebuyers often experience total excitement, frustrating setbacks and overwhelming anxiety much like they may have encountered on their first day of college. These two experiences are remarkably similar. Buyers are often searching for the perfect home. They have high expectations of finding an affordable house with great schools, a big yard and character, just click here and find the best realtor for you. Beginning college students are also motivated to use their money wisely, … [Read more...]
Phoenix Real Estate Market Update: April 2012
Jay's Note: Here's a nifty little video by Thompson's Realty agent Kristin LaVanway with an update on the current Phoenix real estate market. Writing about market stats is difficult, and boring. Which is why you rarely find stats posts here. How does one make statistics interesting? Kristin does in this video. Hopefully there will be more to come! Here's the video synopsis, in Kristin's words: The real estate market in Phoenix continues to return to a more “normal state” whatever that … [Read more...]
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The Phoenix Real Estate Guy was started by Jay Thompson, and I have a little blogging problem... he liked to say...