We're going to see a rebirth of the housing industry. Already, there is news of a pick-up in home prices in Phoenix and Las Vegas and South Florida. It was the drastic collapse in real estate that triggered the Great Recession.
In 2008, R.P. McCabe and his wife were heading into retirement with a solid financial future that included a $1 million investment in real estate with Right Place Properties and the Red Door Group in Phoenix. By the end of the year, their money -- as well as the investments of roughly 700 others totaling more than $100 million -- was gone. Show More Summary
GTIS Partners has acquired 563 acres of vacant land outside of Phoenix, Ariz., the latest sign that real estate investment funds view undeveloped land as a way to profit from a housing rebound.
PHOENIX (AP).- A Phoenix home designed by noted architect Frank Lloyd Wright had been threatened with demolition but is now about to go on the market. The 1952 home will be listed Monday for sale at $2,379,000, real estate broker Robert Joffe said Friday. Show More Summary
Everyone has read plenty about how hot the Phoenix real estate market is. And we all know how hot the weather in Phoenix is, but is it as hot as you think? The weather that is. There are a lot of misconceptions about the city, and this great new video by Greater Phoenix dispels some of those common urban [...]Show More Summary
So how is the Phoenix real estate market? We get that all the time. If you are looking to buy or sell a house I recommend you check out our free Phoenix Real Estate Market Email. If you were on the list today, here is what you would have received. Inventory slowly increasing The Phoenix [...]Show More Summary
I want to discuss the importance of working with a technology based brokerage for your real estate career. First why is it important to be a tech savvy agent. Incorporating technology in your business can save you time and money. When you learn to effectively use technology like the iPad and digital documents and signatures [...]Show More Summary
Real estate agent Diane Olson opens the sliding glass door of a model home in Gilbert, Ariz. "[Phoenix] was one of the hardest hit cities in the collapse, and prices are still more than 50 percent below their June...
Real estate news and views from around the globe that make you go, “Really?” Dallas, Phoenix make list of millennial-friendly cities– Housing Wire 5 Great Cities for Gen Y’ers — The Street.com Generation ‘Y’ Packs its Bags for the 2012 Moving Season — Move.com And in other news that makes you go, “Really?” 10 Stunning [...]Show More Summary
Years ago, long before I became a real estate agent, I had my home on the market. To this day I remember the stress of trying to make the home viewing-worthy, of sublimating my own nature and living habits to the greater good of attracting a buyer. Every waking moment was spent wondering whether I’d [...]Show More Summary
So you want to know what is going on with the latest and greatest in the Phoenix real estate market? You have been coming to The Phoenix Real Estate Guy for that information. But now we are making it easier! We have started a new email list for Phoenix Real Estate market updates. Each week [...]Show More Summary
If you are in the market for a home in the Phoenix metro area you probably realize the market is a little challenging. Last month when I met with clients, I would tell them prices are up about 27% since last August and inventory was down to the lowest we have seen in about seven [...]Show More Summary
Ah, summertime. School is out, the grills are being fired up, and all thoughts turn to … moving? Yep, moving. This is the time of year when real estate agents start getting tons of calls from people wanting to move to Phoenix. And why wouldn’t they? Sure, we may have a few days each year [...]Show More Summary
It is amazing at times how fast things in the real estate industry change. Just a year ago if you said Phoenix would the hottest real estate market in the country in 2012, few would have believed that was possible. Something that may change even quicker than the Phoenix real estate market is how we [...]Show More Summary
Hello all ye fair Phoenix Real Estate Guy fans. I am not he. Don’t worry, though, Jay’s heart is doing much better and I hear he’s even occasionally encountering some green, leafy things on his plate now. We’re all happy he’s healing well and has seen the nutritional light. But, you know, he’s pretty busy [...]Show More Summary
If you’re going to make your debut on a widely-read website, what better way to do so than with a bold prediction … I boldly predict that inventory here in the Phoenix real estate market will not decline by more than another 7,900 homes over the next millennium. What’s striking is such a prediction, timeframe [...]Show More Summary
Seven years ago today, the first post on Phoenix Real Estate Guy was crafted and published. OK, “crafted” is a real stretch. But it was published on May 8, 2005. That seems like a lifetime ago. Since that day some 2,000ish articles have been published here, some of far better quality than post #1, many [...]Show More Summary
From the Arizona Republic:"Home prices are surging in metro Phoenix, climbing 8 percent in March alone and 20 percent in the past 12 months. The median price of a house in the region climbed to $134,900, according to a new report from the W. Show More Summary
Real estate news and views from around the globe that make you go, “Really?” A Phoenix man plans to auction off a house he bought for $80,000 one cent at a time, with the maximum bid set at $5,000. Arizona real estate investor Todd Talbot said he paid $80,000 for the house in the Phoenix [...] Really? Bidding for house starts at 1 cent is a post from: Lansner on Real Estate
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 [...]Show More Summary