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Foreclosure statistics

March 31st, 2009


I heard some astounding statistics today regarding foreclosures.  Stats for the 4th quarter of 2008 were released earlier this month.  During the 4th quarter more than 11% of all loans were in default.  3.3% were in foreclosure.  If you truly want to get a measure of how much of an effect the sub prime market has had on the economy you only have to look at the tremendous disparity betwee ...

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Making things happen

March 24th, 2009



Yes once again, I admit I am awful when it comes to blogging regularly.   I have been following Twitter and facebook, more than my blog, and that has to even out.

Today I read a quote on a Twitter post that read ""Some people make things happen, some watch while things happen, and some wonder what happened?"

That is such a true statment.  But I would also like to say that sometimes ...

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February Phoenix area market stats

March 1st, 2009

I am very happy to say that there are some positive statistics to talk about for the end of February in the Phoenix metro market.  Last month I was quoting the fact that the total inventory of residential properties for sale had hit the lowest point since April of 2007.  Fortunately, that has continued and the inventory level dropped by over 2200 during February and sits at 52,861 as of March ...


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