Twelve Oaks Chandler Arizona

SOLD in just 10 days for list price at $185,000!  This charming 3 bedroom 2 bath home exterior was just painted and is move-in ready for it’s new owner! Custom stone work in the living area, kitchen includes stainless steel appliances, granite countertops and custom tile flooring, bathrooms have extensive upgraded custom tile, new toilets […]

VA Buyers and Multiple Offers

I was recently involved in a multiple offer situation from the listing side for a home that was on the market for 2 days.  There were a variety of offers which included a VA offer.  The buyers agent failed to provide the AAR “required” prequal form with the offer and as such, I was unable […]

Southeast Valley Active Listings Updates May 2014

Total Active Listings as of May 9, 2014 = 26,292*, approximately 3.43 months supply.  Total Active Listings as of April 10, 2014 = 26,722*, approximately 3.96 months supply and down by 430 fewer listings. Total April 2014 Closings for metro Phoenix 7,673, up from 6,743 closings in March.  Thus far however, closings in 2013, January […]

The Information Market by Tom Ruff of ARMLS

Sales activity in March came in pretty much as expected. In February we had projected 1,400 fewer sales year-over-year and an uptick in the median home price. Year-over-year sales volume in March was down 17.7% with 1,441 fewer sales than the previous year.  The decline in sales volume exists al­most entirely in homes purchased for […]

Southeast Valley Active Listings Update Feb 2014

Total Active Listings as of February 28, 2014 =26,687*, 5.51 months supply Total Active Listings as of February 5, 2014 = 25,717*,  5.31 months supply Total January 2014 Closings for metro Phoenix 4,840 Southeast Valley Active Listings Update Feb 2014 Last August, we had approximately 16,833 active listings and closed 7,087 transactions, a 2.38 month […]

Carino Estates Home For Sale, Chandler Arizona

$359,900, 3 bedroom + den, 2 bath, 2447 square feet, pebble-tec play pool!Entertainers delight in this move in ready single-level, split floor plan + den (with inset for closet), neutral colors throughout, vauled ceilings, eat-in kitchen that’s open to the family room. Tile flooring in all the main walkway areas, huge master suite with a […]

December 2013 ARMLS STAT Report

To highlight the Dec 2013 STAT report and commentary by Tom Ruff of The Information Market, I note the following: November closings 5,206 (compared to 6,810 last Nov) (ill. #1) Sales volume down 23.6% from last year New listings down 22.4% (month -over-month) and 2.8% lower than last Nov New November listings 8,304 Total inventory […]