Salvation Army Christmas Eve
On Christmas Eve, December 24th from 11am – 1pm, I will be ringing the bell in front of Fry’s at Tatum & Shea. Hope to see you there!
Behind the Headlines – the Market is Stable
Very few news stories can be built around “everything is just fineâ€. So while we don’t expect to see that in the headlines, it nonetheless is the story of our marketplace. Given the volatility of the real estate market from 2004- 2012, it is understandable that people are slow to believe that normal has returned….
Tis the Season
“Tis the Season†has a unique meaning to those of us in real estate. As the holidays approach, the “seasonal effect†goes in to play – and this year is proving no exception. The seasonal effect refers to the calendar pattern that real estate tends to follow – year in and year out. This classic…
Supply and Demand Remain the Story
As we live and breathe real estate, even the tiniest variation of the same old news is interesting to us. It is our hope that we are not taxing our readers sharing the nuisances of this market. The big headlines of 2005-2012 are gone, and frankly we couldn’t be happier. What is good for selling…
Mixed Messages
It is understandable that both Buyers and Sellers (and if we are completely honest, most real estate agents) are scratching their heads as to the state of this market. We have listened to the sides argue we are in a “buyer’s marketâ€, no wait we are in a “seller’s marketâ€! The underlying fact is that…
Home Fur Good Animal Shelter – Low Cost Clinic
Local animal shelter offers low cost vaccine and microchip clinic on Sundays from 11-3pm. Home Fur Good Animal Rescue and Placement is a 501(c)(3) nonprofit, no kill shelter located at 10220 North 32nd Street, just south of Shea Blvd.  Home Fur Good has been in operation since 2009. In January of this year, Home Fur…
The Scales of Supply and Demand Continue to Tip
When demand started declining near the end of 2013, the inception of the buyer’s market had begun. Market watchers held their breath praying for demand to show up – fearing without demand jumping the pile up of inventory that typically occurs in the back half of the year would become an avalanche – but the…
Market Values – Who really knows?
Prediction Is Very Difficult, Especially About the Future – Niels Bohr (1885-1962) Niels Bohr certainly knew what he was talking about –and the intervening years have done nothing to change that sentiment. Buyers and sellers, and their agents, have continued to struggle to interpret our market movements. As most of our readers know, demand –…
From the Cromford Report’s Michael Orr
Unfortunately Zillow® has decided to provide 12-month forecasts for home values. Since the figure given is a forecast for the Zestimate® value, it does not necessarily have any relationship to real market value. On the other hand, this means it can never really be challenged because the Zestimate is created by Zillow in the first…
Better Late than Never
2014 began with a whimper as demand from Buyers waned to historically low levels. Sellers, who seemed to be missing in 2013, showed up but buyers seemed to be unaffected by the increased selection of homes. Market watchers kept looking for signs of the buyer drought ending to no avail – until now. Finally buyers…