Good News and Bad News
All Sales in MLS January – May January February March April May 2006 5,243 5,860 6,713 6,709 7,585 2007 4,343 4,883 5,785 5,475 5,774 2008 2,868 3,070 3,854 4,844 5,647 And it’s the same news. As you can see from the chart showing sales from the Arizona Regional Multiple Listing Service (ARMLS) sales have been…
Real Estate by the Numbers
“It was the best of times, it was the worst of times…†so begins the novel a Tale of Two Cities. Or in the case of real estate, it is the tale of two markets. On the one hand inventory for unsold homes in MLS remains fairly stagnate at 56,000 homes. On the other hand,…
The Mortgage Blues: A Few Options
Of all the sellers we talk to on a daily basis one of the most heart wrenching conversations we have is the one about the possibility of foreclosure. A tragic side effect of declining values has been the number of homeowners facing the real possibility of losing their homes. Declining values can prohibit the sale…