All Things Considered In Phoenix - Three Hundred Seven

After a decent conversation with a doctor at Olive and Ivy a lady took his place. She spread out a book and put her dirty shoes up on the seat where the next person in the sunday's best will probably nicely clean the seat for the next person, only to realize his pants are dirty and wonder where it came from: the lady will be happy and satiated and learned after consuming her literature.

The Launch of PhoenixMarketTrends 4.0

We recently relaunched our long running PhoenixMarketTrends.com website and weblog which is focused on Greater Phoenix real estate and market trends. It was a big project which is actually not yet completed: we need to finish transferring some 2,000 articles and posts, but then again a site is ever evolving and constantly in change. You can read about launch in the press release.

Foreclosures still make up the big piece of the market.

Active bank owned properties have declined as a percentage of the market to 11.8%, but they still make up a huge chunk of the sales, the largest part in fact, at 41% of all properties sold. 

Knowledge@ W.P Cary has put out additionl report you can read on the subject.

Phoenix Real Estate: Foreclosures Again the Biggest Piece of the Pie 

And single family permits for new homes are down again, but why should they be up. It would signify a renewed demand for homes and create more jobs, but here are too many distressed on the market, selling at or below replacement cost and this makes competing with these very difficult.