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http://www.dsnews.com/articles/fiserv-predicts-home-prices-to-drop-another-49-in-year-ahead-2010-07-29 Click on the link above to read the full article. Holly Grigaitis, Associate Broker 928-300-5228 hollywoodaz@commspeed.net
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I know it has been a long time since I have written a market update, or a newsletter for that matter! Truth be told, Ken and I have been absolutely inundated with foreclosure/REO listings and sales.... And since, nearly ALL REO business is done on-line,
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Eppraisal.com tracks MSA's across the country, and makes a comparison of the first and second quarter. Prescott is showing a 10.1% increase in Median Sales Price, while the Flagstaff MSA is showing a whopping 33.3% increase! Click on this link to
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Case-Shiller, the controversial home price index, is finally reporting increases in sales prices in many market areas. So, if you are one of those buyers who has been waiting for the bottom, you missed it. Read more at http://realtytimes.com/rtpages/20090804_realestateoutlook.ht
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Wow- What a busy couple of months, especially in comparison to what we have seen over the last several quarters. Sales during the second quarter were up 80% over the first quarter of this year- and that makes for a very healthy bounce off the bottom!
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Volatile, chaotic, spasmodic and full of mixed messages. These are just a few term that characterize our real estate markets current state. Sellers, this is a good thing– I’ll explain in a few moments.
The 1st Quarter closed with the fewest number of sales we have seen in our 3 year long downturn, despite an obvious increase in buyer traffic
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Hello all, Ken and I thought we would post these memos from the White House, regarding the 2009 Homeowner Affordability and Stability Plan. Hope the info is helpful- we will post more info as it becomes available. Holly Grigaitis-Svercl and Ken Svercl,
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Hello all, Ken and I thought we would post these memos from the White House, regarding the 2009 Homeowner Affordability and Stability Plan. Hope the info is helpful- we will post more info as it becomes available. Holly Grigaitis-Svercl and Ken Svercl,
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Hello all, Ken and I thought we would post these memos from the White House, regarding the 2009 Homeowner Affordability and Stability Plan. Hope the info is helpful- we will post more info as it becomes available. Holly Grigaitis-Svercl and Ken Svercl,
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Below are real estate sales statistics for the Sedona real estate market and the Verde Valley real estate market for the calendar year 2008 (1/1/08-12/31/08). Data was taken from the Sedona - Verde Valley Multiple Listing Service 01/23/09-02/12/09, and
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Mortgage Market Weekly : (Edition January 8, 2009) Vol. 81 In This Week's "Good News": Good News for Investors If you or your clients' have been having difficulty refinancing an Owner Occupied property in the past, because there were
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Happy New Year! Good riddance to 2008- the worst year our real estate market has EVER seen since the Sedona/Verde Valley Association of Realtors has been keeping records. Less than 1000 sales were recorded across the entire valley last year. Let’s
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Mortgage Market Weekly : (Edition December 18, 2008) Vol. 78 In This Week's "Good News": More Help for Home Owners Concerned about tight credit conditions, the Federal Reserve, earlier this week, reiterated its plans to buy mortgage debt,
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For the past several months, Ken and I have been receiving an e-newsletter from mortgage broker Richard Shreeve. We find ourselves passing along tidbits of info contained in it, and finally, we asked him if we could just post it, so that all of our visitors
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The 2009 economic summit with Elliot Pollack gave no reason for sellers of Arizona real estate to be optimistic in 2009. Pollack’s predictions for 2009 ranged from “bad to horrific.” Nice to know we have options. It is now common knowledge
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