Phoenix Area Real Estate

Hi, I am trying something new - a podcast instead of a regular blog entry.  So, although I can say I am not real happy with how I look on camera speaking, I won't be so vain as to re-record it.  Anyway, check it out.  

Please let me know what you think

 

Adam Tarr,PC RE/MAX Excalibur Scottsdale, AZ 480-483-3333 adam@WeAreAZRealEstate.com

www.WeAreAZRealEstate.com

I just finished uploading this Single Family Detached for sale, 20915 N. 39th Place, Phoenix, AZ

This lovely 4 bedroom, 2.5 bath, 2 car garage home has been well kept by it's original owner. Ceramic tile in all the right places including new 18" tile in the upstairs baths. The comfortable formal dining area and living room space is perfect for cozy family gatherings. The family room opens to the kitchen and spacious dining nook for everyday functionality. Spacious yet cozy! The kitchen features a flat top range, microwave, refrigerator, tiled counters a pantry and island. The master retreat features a separate tub and shower, dbl. sinks and

There were 5 homes sold in Desert Ridge in February, 2008, with an average listing price of $571,760 and an average sale price of $551,980.  Sale prices were 97% of list prices.  Sold Price per Square Foot was $205.35.  The range of sold homes was $390,000 to $700,000.  As of March 2, there are 11 pending or contingent homes under contract.  As of March 2, there are 164 active listings with an average list price of $654,577 and average list $/sq.ft. of $224.86

 

As expected, closings were low reflecting slower traffic during the holiday season.  January traffic picked up, and that may be reflected

Hi,

 

Each week I get a couple emails from lenders and title companies about the market- what has happened and what is expected.  I am including some exceprts from this week's emails, as I think it is good to point out some of these things.(I am not quoting a source, as this particular email is received from a couple different people.)

 

"... when Gentle Ben (Bernanke) briefed the Senate on Thursday, the markets slid. Investors didn't like the Fed chief's comment there could be some bank failures amidst all the credit market turmoil. They curiously ignored his more significant

There were some positive signs last week with regard to inventory.  A local Title rep gathers these figures a provides them to me.  (Thankfully, as it saves me a lot of time that I can spend helping my clients more directly) So, here it is.

 

Weekly Inventory Level comparison

 

As of Friday, 2/22/08

 

Current rate of closings has jumped by over 8% in the last week! Closes in the previous month were up to 2668, which gives us a supply of 17 /4 months, a substantial improvement over the previous week

 

Current Pendings also continue to increase