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Month: February 2018

Market Report – New List Prices January 2018 ARMLS

 Permission is granted only to ARMLS® Subscribers for reproduction from 2018 ARMLS® STAT – with attribution to “ARMLS® COPYRIGHT 2018”. Average new list prices are up 8.8% year-over-year.  The year-over-year median is up 7.8%.   Considering selling your Arizona home? Feel free to contact us for a free, no-obligation consultation so we can share with you our proven home selling process.   No hype. No gimmicks. No nonsense.   Just Results!         ———————————————————————————————————————————————————— Click the button below to Subscribe to our Arizona Real Estate blog!   All images purchased and  licensed from Shutterstock , shared from YouTube, sourced from Vectortoons, or were taken by the author unless otherwise noted. About the Authors – Updated 2017 If you are...

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Market Report – Total Inventory January 2018 ARMLS

Permission is granted only to ARMLS® Subscribers for reproduction from 2018 ARMLS® STAT – with attribution to “ARMLS® COPYRIGHT 2018”.  Total inventory has a month-over-month increase of 8.3% while year-over-year reflects a decrease of 11.0%. Considering selling your home? Feel free to contact us for a free, no-obligation consultation so we can share with you our proven home selling process.  No hype. No gimmicks. No nonsense.   Just Results!          ———————————————————————————————————————————————————— Click the button below to Subscribe to ourArizona Real Estate blog!   All images purchased and  licensed from Shutterstock , shared from YouTube, sourced from Vectortoons, or were taken by the author unless otherwise noted. About the Authors – Updated 2017 If you are considering...

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Market Report – Distressed Sales January 2018 ARMLS

 Permission is granted only to ARMLS® Subscribers for reproduction from 2018 ARMLS® STAT – with attribution to “ARMLS® COPYRIGHT 2018”. Distressed sales accounted for 2.6% of total sales, up from the previous month of 2.2%.  Short sales dropped 36.4% year-over-year.  Lender owned sales dropped 14.4% year- over-year. Considering selling your Arizona home? Feel free to contact us for a free, no-obligation consultation so we can share with you our proven home selling process. No hype. No gimmicks. No nonsense.   Just Results!          ———————————————————————————————————————————————————— Click the button below to Subscribe to ourArizona Real Estate blog!   All images purchased and  licensed from Shutterstock , shared from YouTube, sourced from Vectortoons, or were taken by the author...

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Still Under Water in Surprise? Consider a Short Sale.

Distressed properties – those that are “under water” where more is owed on the property than will be available from the proceeds of a sale of the property – are thankfully far fewer than during the crash during the latter years of the previous decade. Still – some do exist – and Short Sales are still a viable option when faced with a “must sell” scenario of an “under water” property. Currently running at less than 3% of the closed transactions every month in our MLS, homeowners in that 3%, whether in Surprise or another part of the valley, can still use...

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Still Under Water in Tempe? Consider a Short Sale.

Distressed properties – those that are “under water” where more is owed on the property than will be available from the proceeds of a sale of the property – are thankfully far fewer than during the crash during the latter years of the previous decade. Still – some do exist – and Short Sales are still a viable option when faced with a “must sell” scenario of an “under water” property. Currently running at less than 3% of the closed transactions every month in our MLS, homeowners in that 3%, whether in Tempe or another part of the valley, can still use...

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