Maricopa & Pinal Country 3rd Q ARMLS Sales & Price History

The following report, provided courtesy of 1st American Title, is a 3rd Quarter ARMLS report of Listing Inventory, Sales, Prices, Days on Market, by Zipcode, for Maricopa and portions of Pinal County.

ARMLS REPORT

This is an exceptionally detailed report of historical data and an ARMLS prediction of where it is headed in the 4th Quarter of 2007.

FHA Loan Program: Model of Success?

With FHA, a lot of the risk associated with the new loan formats is eliminated. For instance, there are no prepayment penalties with FHA financing. The article from Realty Times identifies several other advantages:

FHA Loan Program

Of particular interest, "FHA has just come out with a new loan designed specifically for troubled ARM borrowers who face foreclosure. Called "FHASecure," the new program is available even to homeowners who have missed six or more monthly payments."

Perhaps the help you are seeking is close at hand.

Buying A Home Isn't Stupid

A few tidbits of information the National Association of Realtors would like the media to keep in mind:

Buying a Home isn't Stupid!

And for investors, you could hardly beat the home prices available now!

DROUGHT AREA MONITER

Here is a new factor to consider if you are in the home buying process. Water, water, everywhere? Not always!


Droughts Impact 'Location' Buying Factor

Perhaps a visit to the NOAA website would be in order - it is complicated but with a little effort you can check out your home buying area of interest for "anomalies"!


NOAA

Keep it simpler - try this:


DROUGHT SCORE FOR ARIZONA

Lest this scare you away, Arizona has the best drought mitigation program of any of our neighboring states. We will prevail!

YOUR HOME VALUE AFFECTED BY NEIGHBORS?

Foreclosures in your neighborhood don't just cost homeowners their homes - they unfortunately affect your home value also. You already knew that, I suspect, but you best read the article for a fuller picture of the affect:



Foreclosure Fallout Landing On Neighboring Homes


Again, I won't just concentrate on every scrap of positive, a little realism can go a long way.

First Weekly Report for November

This is the first November weekly "last 30 day" report for the Southeast Phoenix Valley market.

This data is provided weekly courtesy of First American Title.

Please use the BACK arrow to return to this Blog:

MLS INVENTORY - SOUTHEAST VALLEY

Please Note: The sales from our 10/31 report was 1298 units for past 30 days, and is 1351 for the 30 days ending 11/7. This is the first increase in many weeks!

We still have 15 Months of inventory, a bit more than 2 years ago (a BIG bit!)

We offer this data as a candid, unfiltered, indicator of home listing and sales activity for your East Valley decision making process.

October East Valley Market Report

This is the month end report for October. It is a snapshot of the Southeast Phoenix Valley market status.

This monthly report from MLS data is also on my web page. It provides a summary for October and the past 12 months.

EAST VALLEY LISTINGS AND SALES HISTORY

We offer this data as a candid, unfiltered, indicator of home sales activity for your East Valley decision making process.

ZIP CODE DEMOGRAPTHICS

Learn the DEMOGRAPTHICS of your ZIP CODE or of an area you find of interest for your next home. Learn the Education, Marital Status, Income, and Occupation distribution of those living in your current area or compare your ZIP to all others in your area.

NATIONAL ZIP CODE ANALYSIS

This data is developed froe the U.S. Census of Year 2000.

YEAR 2000 CENSUS PAGE

Gives you a great way to know where you are now or where you are heading.

MARKET TURNAROUND TO BEGIN IN 2008?

The following article from The Real Estate Buyer's Agent Council (REBAC) newsletter of November 2, 2007.


MARKET TURNAROUND

The view of the Economists participating in the National Association of Home Builders Fall Construction Forecast Conference on Oct. 24.

All is NOT doom and gloom.