Few cities got hit harder by the bursting real estate bubble than Phoenix, notes the Wall Street Journal, which points out that prices plunged 55% as the foreclosure rate rose to No. 3 in the nation. Despite those bleak stats—or maybe because of them—the city is now enjoying...
Following this CD post from last Saturday "Has the Real Estate Market Finally Bottomed Out?" comes this WSJ article " Rise in Phoenix Housing Shows Path for Other Cities ": "As home prices continue to drop in most cities, a nascent real-estate rebound here holds lessons for the rest of the country. Show More Summary
Pay no attention to the silly article title. It’s purely a play on what is making news today. Yep, even the Phoenix real estate stuff, though it is buried under the earth-shattering and life-changing news about “the latest iPad” (apparently it’s real name) and Peyton Manning and a bunch of… people… trying to get elected. [...]Show More Summary
Robert Alexander, 36, Phoenix, Arizona, was sentenced to 30 months in prison by U.S. District Court Judge James A. Teilborg. Alexander, a real estate agent, represented buyers who purchased multiple homes with loan applications containing false information and concealing from the lenders "kick backs" to the buyers.
Real Estate Bar Camp Phoenix is back for its fourth iteration! April 26, 2012 at Scottsdale Stadium. Details can be found on the new “REBCPHX” website – http://REBCPHX.com You can register there, or below. Online event registration for RE Bar Camp Phoenix #4 powered by Eventbrite Real Estate Bar Camp San Diego: Video Montage WordCamp [...]Show More Summary
I get emails like this all the time… Hello Phoenix Real Estate Guy. Can you tell me why you have my listing on your web site? The short answer is because YOU authorized it when you entered the listing. Apparently though, there are a number of real estate agents and even Designated Brokers that do not [...]Show More Summary
Yesterday I had the pleasure of speaking at WordCamp Phoenix 2012. If you have never been to a WordCamp, go. WordCamps are dedicated to sharing all sorts of information, tips and tricks for WordPress. This was my third iteration of WordCamp and all have offered a boatload of quality information. As promised, here is my [...]Show More Summary
Sofa Coppola her husband, Phoenix frontman Thomas Mars, have just dropped $9.85M on a lovely townhouse in NYC's West Village. Amazingly, the property had been on the market for just 10 days before the couple swooped in; must have been...
By Steven Jon Kaplan: During 2005-2006, we experienced a housing bubble in the United States which was accompanied by valuations in many regions trading at more than twice their normal historic levels. Today, we have similar housingShow More Summary
Photo via The Inspired Room · Kurt Warner trying to sell Paradise Valley mansion. [Phoenix Business Journal] · A mobile "brand space" for Audi. [Contemporist] · Miami man found in house with 60,000 bees. [AOL Real Estate] · The...
Black Friday / Cyber Monday sale on the uber-cool Genesis, StudioPress, AgentPress, and Premise WordPress products. My affiliate proceeds to go to Clint Miller. 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.
Here is a look at real-estate news in the weekend's and Monday's WSJ:
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...
"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."
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
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
""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.""
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.
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
Phoenix, Chicago post double-digit annual home-price declines read more