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Is the sky falling?

August 30th, 2007

There was an interesting segment on the Early Show on CBS this morning.  It was the Money Matters segment, with Harry Smith interviewing Ray Martin. We have long said that we feel that the over-hyping of the mortgage and real estate markets woes is contributing to the woes.  This segment is a breath of fresh air regarding media coverage.

We have said ourselves, that there are definitel ...

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8522 E. Kiva Avenue, Mesa, AZ

August 27th, 2007

I just finished uploading this Condo for sale, 8522 E. Kiva Avenue, Mesa, AZ

This lovely home has been gently lived in as a 2nd home. All of it's many wonderful upgrades are barely used. You will feel right at home with a touch of luxury! 9' ceilings give an open airy feeling to the home. Italian tile is laid diagonally through the main living spaces. The gorgeous kitchen featu ...

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Positive influences on the local economy

August 22nd, 2007

Hello, There was an article in the  Business Journal of Phoenix last week that provided some information from the Arizona Blue Chip Economic Forecast.  Once again, some of what we have been saying for a while is backed up with this report.  Although there are definitely factors that will continue to put a drag on the economy, such as the slow housing market and mortgage concerns, there are ...

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Valley Home Prices down 2.7% from a year ago

August 20th, 2007

Hello - reports today that Phoenix Metro home prices are down 2.7% from where they were 1 year ago.  This may surprise many residents, since there has been a glutton of "Doom-and-gloom" real estate reports as of late.  The bulk of news coverage has been on the mortgage industry and homes losing value; what we need to keep in perspective is that in 2005, Phoenix led th ...

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NEW Scottsdale Condo Project - Sandalo

August 19th, 2007


We have a new Scottsdale Condo Project to share - it is called "Sandalo".  Located at 70th St and Cochise, only 44 homes will be offered in this gated community!  Please click HERE for more information!




Sharon Kotula, ABR
Adam Tarr, e-PRO
Your Phoenix Area Real Estate Source
RE/MAX Excalibur
Scottsdale, AZ

info@WeAreAZRealEstate.c ...

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AZ #2 in job growth

August 17th, 2007


In the last blog post on retail construction we mentioned that one of the key factors that will help the market rebound faster than other areas is our area's strong job growth.  Well, statistics were just released showing that Arizona remains stronger than all the other states except one.  Arizona rated #2 in job growth behind Utah in July.  The non-farm growth rate was 2.8 %.  Now ...

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Retail construction up in Phoenix

August 15th, 2007

New statistics came out recently that show that Phoenix leads the nation in retail construction.  Considering the state of real estate across the nation as well as locally, that is relatively good news.  High retail construction shows that there is still growth.  We have said for a long time, even before the downturn in the market that the Phoenix area should recuperate faster than many oth ...


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