PRESS RELEASE—“Phoenix House Buying Company Announces Plan To Help Landlords With Eviction Challenges
Attention: Landlords of Crappy Tenants! "Local House Buying Company Announces Plan To Buy As Many Single Family Homes As Possible In The Next 30 Days! Yours Could Be Next!" Date: March 31, 2019 Time: To Get Rid Of That Annoying Property From: A Willing Landlord … (Willing to put up with your headache tenants that you’re over with) Dear Sick & Tired, This letter is going out to all of Metro Phoenix's landlords of [...]
List Price Reductions up 24% in Greater Phoenix, Up 42% in Some Areas Sellers: Stop Trying to Time the Market For Buyers: A weak 4th quarter for sales in 2018 has resulted in 11,874 price reductions in the first 5 weeks of 2019. That’s 24% higher than this same time last year. Price reductions on listings between $200K-$500K specifically are up 40%. The most notable price range with a 42% increase is $200K-$250K. This may [...]
Get the facts about doing a short sale in Arizona. Listen to the advice from a short sale lawyer, a short sale realtor, and an Arizona lender as they discuss the Arizona short Sale. This was recerded in 2012, but the process has not changed.
I found this article backed by statistics. While each market is local, there are some trends when looked at as a whole. Phoenix may not be far behind. A slowing market will require motivated sellers to consider seller financed transactions vs just cash. The Most Splendid Housing Bubbles in America Decline by Wolf Richter • Dec 26, 2018 • Seattle house prices drop 4.4% in four months, biggest drop since Housing Bust 1; Prices deflate in San Francisco Bay [...]
New data published by the Greater Las Vegas Association of Realtors shows 10,000 single-family homes were on the market and by the end of November, 7,000 of those homes had zero offers, up 54% compared to 2017 and the highest number of homes in Las Vegas Valley to not get a bid in more than two years................... This year's housing market slowdown has hit the hottest markets like San Diego, San Francisco, Seattle, Denver, and New York City. The slowdown [...]
HousingWire posted this article in their bolg today. This reflects what I have notices around the nations real estate market. It is also representative of Arizona. For the second consecutive month, annual home price gains have slowed across the country, according to the latest Case-Shiller Home Price Index from S&P Dow Jones Indices and CoreLogic. Before seasonal adjustment, the National Index increased 0.1% month-over-month in September. The 10-city composite came in at 4.8%, falling from 5.2% [...]