Subject: Paradise Valley Weekly - Huge Increase in Closings
Paradise Valley Weekly - Huge Increase in Closings
December 20th, 2013 at 11:43 pm MSTThere were almost $21 million in closings this past week, a large number of homes going under contract, and only 2 homes listed. In sum, the prediction/concern I've been repeating for the past few months appears to have come to pass -- the January ru ...
Paradise Valley Weekly - 9 New Home Listings
December 13th, 2013 at 11:07 pm MSTSales and new listings remain surprisingly robust given this historically slow time of year. Many clients are actively looking now, and many more preparing to look right after the New Year. Q1 should be very interesting. Closings $14.6 million in clo ...
Paradise Valley Weekly - 16 New Listings, Home Auctions, Jumbo Loans, and Book Update
December 6th, 2013 at 10:33 pm MSTThere was a great article in the Wall Street Journal this week covering luxury home auctions. One might think that in a strong market the demand for auctions is down, but the opposite is true with auction volumes increasing dramatically. On a related ...
Paradise Valley Weekly - 19 New Listings, Jumbo Loans, and Luxury Design
November 29th, 2013 at 10:46 pm MSTHi Friend, hope you had a terrific Thanksgiving. There was no newsletter last week, so this week will cover the last 2 weeks of activity in Paradise Valley. Those of you who have signed up for alerts should have received them in the absence of the ne ...
Paradise Valley Weekly - 15 New Listings
November 15th, 2013 at 10:32 pm MSTThere are 15 new listings this week, and closings didn't keep pace as expected in this historically slow time of year. However, my phone is ringing off the hook with people that are making plans for the near future. Thus, while the current statistics ...
Paradise Valley Weekly - 19 New Listings, Buffett on Real Estate, and Apple in Arizona
November 8th, 2013 at 10:39 pm MSTThere was a big jump in new Paradise Valley listings, but first some noteworthy news: 1. Warren Buffett still sees upside in US housing despite recent gains. The legendary investor advised that while housing starts are up, they are still not yet at a ...
Paradise Valley Weekly - 10 New Listings plus OFF MLS TOP OF CAMELBACK
November 1st, 2013 at 11:28 pm MSTThere is a home on top of Camelback Mountain that is not on the MLS and is exclusively available to readers of this newsletter. The seller is an extremely successful and high profile business owner who prefers a discreet sale. When I say that this ho ...
Paradise Valley Weekly - 17 New Listings, Bank Foreclosures
October 25th, 2013 at 11:56 pm MSTRecently there was a bank foreclosure in Paradise Valley that wasn't listed on the MLS. A newsletter reader had called me about it, and I thought it would be helpful for everyone to understand a critical aspect about bank foreclosures. Half of forecl ...
Paradise Valley Weekly - 7 New Listings, International Buyers, Foreclosure Update
October 18th, 2013 at 11:34 pm MSTDid you know that Arizona is in the top 4 states for international real estate buyers? This surprises many people, and it's important to recognize that our market is more diverse than many people realize. I certainly can vouch for the veracity of thi ...
Paradise Valley Weekly - 19 New Listings and a Warning about Inspections
October 11th, 2013 at 11:53 pm MSTA multi-million dollar home buying disaster just happened in Paradise Valley. I was not involved in this transaction, which is unfortunate for the buyers because the house has very expensive defects, yet their agent let them close on it. The most unc ...