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Market Conditions Category

Phoenix Area Market Snapshot As Of March 1, 2011

Mar 02

filed under: Buying A Home, Market Conditions, Real Estate

Market-Down-PhotoThe table below provides a concise statistical summary of today’s residential resale market in the Phoenix metropolitan area. Although prices have come down in the past few months, we are seeing great activity in the under $200,000 price range by Read the rest of this entry »

Written by Howard Harris

Value of “Our House” The White House Plummets. . .Should we sell?

Jan 09

filed under: Market Conditions, Yada Yada

Value of White House Our House Plummets Should We SelllAt the top of the market, we all remember that time right, The White House i.e. the people’s house, our house, was valued at $331,500,000. The Los Angeles Times now reports that according to a Zillow Zestimate (and I’m sorry and it’s nothing personal because I’m a Realtor® or maybe it is, but I’m really suspect of their so called zestimates) in the past three years our house,
“The White House” has lost almost a quarter of  its value.  In the last month alone it’s lost almost $4,000,000. So are you sitting down, cause this is a jaw dropper, in today’s market Zillow is telling us that we would’nt get Read the rest of this entry »

Written by Howard Harris