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Foreign Investors in U.S. Real Estate: Beware!

Since the beginning of 2011, nearly one out of every four purchasers of real estate in the Phoenix area has been a foreigner. Wealthy Chinese and Indian investors, among others, regularly visit...

Drug company CEO sells mansion where girlfriend died

PHOENIX (Reuters) - An Arizona drug company chief has sold the historic California mansion where his girlfriend was found hanged two days after his son took a fatal fall in the house, his real estate agent said on Wednesday.

Phoenix: Popularity of rentals continues to grow

"There are fears that a decrease in the number of traditional homebuyers will cause Phoenix rents to increase. I do not believe that this will be the case. Lower real estate prices and concern about the performance of other investments have made purchasing rental properties popular. Supply should be plentiful in the Phoenix area for the foreseeable future."

Look Ma! It’s an all new design for Phoenix Real Estate Guy

Welcome to the “new and improved” Phoenix Real Estate Guy! Long time readers know I go through theme changes on a pretty regular basis. Anyone remember this one? Yeah, I didn’t think so. That was circa 2005 / early 2006. Back when the University of Texas football team was the national champions. Show More Summary

Week ahead: Real Estate gets really, really real; America’s next top rap superstar at Howard Yardfest; Watch the new Phoenix doc

If you listen to one new album this week, make it: “Days” the sophomore-album-slash-gorgeous-portrait-of-American-suburbia-2011 from Jersey boys Real Estate. Chris Richards has the full review in tomorrow’s Post and here on Click Track. If...Show More Summary

Arizona Housing Desert Leads Biggest U.S. Homeownership Drop Since 1930s

""What you saw in Phoenix and the like were local economies that were built around home construction," Stuart Gabriel, director of the Ziman Center for Real Estate at the University of California, Los Angeles, said in a telephone interview. "So when the housing boom stopped, everything imploded.""

Lies, damn lies and statistics. We’ve done this to ourselves

Performance based statistics in real estate sales. Good, bad or ugly? Didn't we get exactly what we've asked for? Originally posted on Phoenix Real Estate Guy. If you are reading this anywhere but inside your RSS feed reader, the site you are on is guilty of stealing content.

Why are there so many short sales in the Phoenix real estate market?

This email came in on Friday from a couple in Canada that were searching for homes right on this very site: Why are there so many short sales? This was followed 30 minutes later with another email: This is frustrating.  All of the nice places are short sales.  What are the odds of buying a [...]Show More Summary

CoreLogic: Real estate prices up, but not for long

Phoenix, Chicago post double-digit annual home-price declines read more

Return to 1997: A new set of data recently...

A new set of data recently released by John Burns Real Estate Consulting states that home prices in Atlanta, Ga., Las Vegas, Phoenix, Ariz., and Oakland, Calif., have returned to their 1997 levels. Meanwhile, major Texan cities such as Dallas...

Real Estate Agent Admits Leadership Role in Mortgage Scam

Robert Alexander, 36, Phoenix, Arizona pleaded guilty for his role as a real estate agent representing buyers who purchased multiple homes with loan applications containing false information and concealing from the lenders “kick backs” to the buyers.

Niche: Party Planning and Decorating Supplies

As Kim Stoegbauer discovered, a strong passion is sometimes enough to help set the entrepreneurial spark. It was that spark that helped lead her from real estate to party planning and decorating, reports My Fox Phoenix. That was 2 1/2 years ago and now she’s built a thriving business that has caught the attention of [...]

Real Estate Brokerage Annoyance #43

In the Phoenix real estate market, specifically the Phoenix rental market, here is how real estate agents get paid. At least in theory… An agent shows a prospective tenant a home. Said tenant decides, “this is it. THIS is THE home. I want to rent it and live out my life here.” So [...]Show More Summary

How to Spot a Wholesale Real Estate Pretender

HOUSES WANTED:  Experienced real estate investor with cash and credit seeking a wholesale-priced investment property in the Phoenix metro area.  The home can NOT be currently listed on the multiple listing service because everyone knows that is where retail buyers go to find a house.  If you require that I register on your fancy website [...]Show More Summary

Canadians need to be aware of implications of buying a house in the US

It seems that a lot of Canadians who are retired or retiring are considering buying or have already bought US real estate for their winter getaway. Phoenix, St. Petersburg and Palm Springs are 3 main areas that attract Canadian snowbirds...

Revamping the About Page on Phoenix Real Estate Guy

Think no one ever reads your about page? Think again. Year-to-date 4,631 people have visited the various about pages on this site. That’s almost 24 per day, every day. People read “About” pages. They want to know who you are, what your site is about. What your business is. They want to know, what is [...]Show More Summary

Real Estate Charts of the Day: Phoenix Listing Inventory Dropping, Sales Rising

The number of Phoenix homes for sale is dropping. Rapidly. The chart above shows that inventory of active listings has steadily declined since November 2010. Active listings in June were 30,614, down from 45,836 in November 2010 and well off the peak inventory of 58,195 in November 2007. And at this moment in [...]Show More Summary

60 Second Quiz Helps Homeowners Decide If They Should Sell

PHEONIX, July 13, 2011 /PRNewswire-iReach/ -- Toma Partners, a Phoenix real estate company, today announced the available of the online Should You Sell Quiz – where homeowners can spend 60 seconds to answer simple questions to determine if now is the right time for them to sell their house. Show More Summary

TCN Worldwide Announces its Newest Member, CORE Realty Partners, Serving the Greater Phoenix Metro Area

PHOENIX, June 27, 2011 /PRNewswire/ -- H. Ross Ford, president and CEO of TCN Worldwide, is pleased to announce CORE Realty Partners as the newest member to join the international real estate services organization. CORE Realty Partners/TCN...Show More Summary

As much as we thirst for approval, we dread condemnation

Jay Thompson, a real estate broker blogger on Phoenix AZ wrote two great posts today concerning a lesson I had to learn the hard way. Jay comments on his own blog about an attack piece written by Redfin Blogger Carol Hian. Then fol...

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