Subject: Paradise Valley Weekly - 20 New Listings, Overpriced Markets
Paradise Valley Weekly - 20 New Listings, Overpriced Markets
June 27th, 2015 at 4:11 am MSTParadise Valley Weekly269th Edition - June 26, 2015 The chief economist of Trulia recently released a report of the most overvalued and undervalued real estate markets in the USA. As one might imagine, Arizona real estate was neither extremely overva ...
Paradise Valley Weekly - 9 New Listings, Financing Update
June 13th, 2015 at 4:01 am MSTParadise Valley Weekly268th Edition - June 12, 2015 There are two noteworthy developments in the mortgage market this week: 1. Rates are rising. The average on the 30 year fixed mortgage has broken above 4% for the first time this year. Most economis ...
Paradise Valley Weekly - 10 New Listings, A Tale of Two Markets
June 6th, 2015 at 4:21 am MSTParadise Valley Weekly267th Edition - June 6, 2015 Looking at this week's closings, there's valuable information lurking beneath the averages. The average house in Paradise Valley that closed last week was on market 91 days. That's pretty healthy con ...
Paradise Valley Weekly - 7 New Listings, Pending Sales Hit 9 Year High
May 30th, 2015 at 4:20 am MSTParadise Valley Weekly266th Edition - May 30, 2015 In the national news we see that pending home sales are at a 9 year high. Pending sales were up 3.4% in the latest month's statistics, versus a consensus forecast of just 1%. In Paradise Valley, we ...
Paradise Valley Weekly - 18 New Listings, Drought Update
May 23rd, 2015 at 4:07 am MSTParadise Valley Weekly265th Edition - May 23, 2015 As reported here two weeks ago, Arizona's long-time water concerns are looking tame compared to our neighbors. Local station KJZZ reported on the matter, and if you'd like to understand what's happen ...
Paradise Valley Weekly - 13 New Listings, California Drought Transforms Beverly Hills
May 9th, 2015 at 4:31 am MSTParadise Valley Weekly264th Edition - May 9, 2015 The rains in Arizona over the past year have been extraordinary. We've had 5 days with each day providing over the average annual rainfall. This freak occurrence contrasts with the dangerous drought i ...
Paradise Valley Weekly - 14 New Listings, The New Price of Luxury
May 2nd, 2015 at 4:42 am MSTParadise Valley Weekly263rd Edition - May 2, 2015 Luxury housing is reaching levels completely unimaginable just a few years ago. According to the Wall Street Journal, $40 million is now a "standard sum" in multiple markets. Arizona's luxury market ...
Paradise Valley Weekly - 10 New Listings, Record Closings in PV, US Housing Prices Increase
April 25th, 2015 at 4:31 am MSTParadise Valley Weekly262nd Edition - April 25, 2015 Last week this newsletter noted the extraordinary inventory shortages, and rapid fire electronic offers being made on houses just 8 minutes after listing. This week the news continues, with these h ...
Paradise Valley Weekly - 13 Homes, Massive Inventory Shortages
April 18th, 2015 at 4:51 am MSTParadise Valley Weekly261st Edition - April 18, 2015 We have a reasonably balanced market right now in Arizona, but around the country there is an outrageous level of competition for homes. I hear it from agents around the country, and this article i ...
Paradise Valley Weekly - 28 Homes
April 11th, 2015 at 4:37 am MSTParadise Valley Weekly260th Edition - April 11, 2015 With so many new listings having come on the market in recent weeks, buyers may be pausing to consider their options. This is evidenced by the lull in closings this week. I expect the pace to pick ...