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Excerpt from October 2010 ARMLS STAT SALES Month over Month The sales increase seen in August was reversed in September with 6,764 listings sold, compared to 7,358 sold units the month before. This represents an 8.1% decline in sales and the lowest sold units since February. With the exception of the teaser increase in sales in August, the overall trend [...] From the SEPTEMBER 2010 ARMLS STAT Report NEW INVENTORY New listings added to the market increased from 12,407 in July to 12,849 in August. This represents a 3.6% increase over both the previous month and year. In August, 4,051 or 31.5% of new listings were new short sale listings. This represents a 4.9% increase in new short sale [...] Excerpt from SEPTEMBER 2010 ARMLS STAT SALES Month over Month Sales took a precipitous drop in July, mirroring the national reaction to the end of the first time home buyer incentives. August sales showed upward movement, suggesting that the market supply and demand are naturally correcting themselves after the home buyer tax credit accelerated purchases by buyers who were [...] Our local Multiple Listing Service (ARMLS) is always in the pursuit of finding better ways to help buyers find the homes that they want. Recently they added these new attributes that can be used in searches: Preapproved Short Sale – the list price has been approved by the bank. This should save lots of time in [...] The first house I purchased in Phoenix was from a couple where the wife had a below the knee amputation. I had met with them several times during the transaction and the discussion of the work that they did to make the house more accessable was surprising to me (in time, cost and effort). They [...] |
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