Comments on: ASU Reports Record Rate of Decline in Phoenix Home Values http://www.phoenixrealestateguy.com/asu-reports-record-rate-of-decline-in-phoenix-home-values/ Phoenix real estate | Search Phoenix Homes for sale | Real Estate Blog Sun, 21 Mar 2010 05:31:39 -0500 http://wordpress.org/?v=2.8.6 hourly 1 By: real estate in panamahttp://www.phoenixrealestateguy.com/asu-reports-record-rate-of-decline-in-phoenix-home-values/#comment-52986 real estate in panama Sat, 16 May 2009 17:29:09 +0000 http://www.phoenixrealestateguy.com/asu-reports-record-rate-of-decline-in-phoenix-home-values/1090#comment-52986 The median price of Phoenix metro houses, which had fallen to a very weak $160,000 in October, declined even more in November to $150,000, according to the ASU-RSI. The Phoenix Real Estate market has not been left untouched by the global economy slow down.Regards, Shane, Guy into real estate in panama The median price of Phoenix metro houses, which had fallen to a very weak $160,000 in October, declined even more in November to $150,000, according to the ASU-RSI. The Phoenix Real Estate market has not been left untouched by the global economy slow down.

Regards, Shane, Guy into real estate in panama

]]> By: Steve@alternative music charthttp://www.phoenixrealestateguy.com/asu-reports-record-rate-of-decline-in-phoenix-home-values/#comment-40423 Steve@alternative music chart Thu, 09 Oct 2008 07:53:06 +0000 http://www.phoenixrealestateguy.com/asu-reports-record-rate-of-decline-in-phoenix-home-values/1090#comment-40423 Seems like this economic crisis is really hitting now Seems like this economic crisis is really hitting now

]]> By: Venturi Teamhttp://www.phoenixrealestateguy.com/asu-reports-record-rate-of-decline-in-phoenix-home-values/#comment-34617 Venturi Team Tue, 01 Jul 2008 04:35:56 +0000 http://www.phoenixrealestateguy.com/asu-reports-record-rate-of-decline-in-phoenix-home-values/1090#comment-34617 In the end Buyers still want nice homes in good neighborhoods. Yey… people want a smoking deal, but they still need to live in it. In the end Buyers still want nice homes in good neighborhoods. Yey… people want a smoking deal, but they still need to live in it.

]]> By: Kelli Granthttp://www.phoenixrealestateguy.com/asu-reports-record-rate-of-decline-in-phoenix-home-values/#comment-34591 Kelli Grant Mon, 30 Jun 2008 19:00:19 +0000 http://www.phoenixrealestateguy.com/asu-reports-record-rate-of-decline-in-phoenix-home-values/1090#comment-34591 And, there's always the simple philosophy that the higher you climb, the harder the fall. Having seen record appreciation in record time a few years ago would make us one of the places that had further to fall to reach "bottom". And, there’s always the simple philosophy that the higher you climb, the harder the fall. Having seen record appreciation in record time a few years ago would make us one of the places that had further to fall to reach “bottom”.

]]> By: Gordon Bakerhttp://www.phoenixrealestateguy.com/asu-reports-record-rate-of-decline-in-phoenix-home-values/#comment-34394 Gordon Baker Sat, 28 Jun 2008 06:26:07 +0000 http://www.phoenixrealestateguy.com/asu-reports-record-rate-of-decline-in-phoenix-home-values/1090#comment-34394 REO's are defining the market bottom as well as the price point where the monthly rent will cover the PITI. Put in an offer for a client in Gilbert on a REO, good condition in a nice subdivision, but before we could submit the offer on the 4 day, it was gone at $40K over list. REO’s are defining the market bottom as well as the price point where the monthly rent will cover the PITI. Put in an offer for a client in Gilbert on a REO, good condition in a nice subdivision, but before we could submit the offer on the 4 day, it was gone at $40K over list.

]]> By: Tucson Michaelhttp://www.phoenixrealestateguy.com/asu-reports-record-rate-of-decline-in-phoenix-home-values/#comment-34240 Tucson Michael Thu, 26 Jun 2008 17:31:03 +0000 http://www.phoenixrealestateguy.com/asu-reports-record-rate-of-decline-in-phoenix-home-values/1090#comment-34240 In Tucson we are seeing the same things, however our market (in my opionion) is hitting bottom. REO sales are happening quickly and I predict in 8-12 months the absolute worst will behind Tucson. In Phoenix I think it could be at least 2 years before it starts a turn around, but time will tell. As long as short sales keep showing up (eventually these short sales many times become REO's once the bank takes them back) then the pressure will be on the downside. In Tucson we are seeing the same things, however our market (in my opionion) is hitting bottom. REO sales are happening quickly and I predict in 8-12 months the absolute worst will behind Tucson. In Phoenix I think it could be at least 2 years before it starts a turn around, but time will tell. As long as short sales keep showing up (eventually these short sales many times become REO’s once the bank takes them back) then the pressure will be on the downside.

]]> By: UK FX Mortgageshttp://www.phoenixrealestateguy.com/asu-reports-record-rate-of-decline-in-phoenix-home-values/#comment-34229 UK FX Mortgages Thu, 26 Jun 2008 10:14:04 +0000 http://www.phoenixrealestateguy.com/asu-reports-record-rate-of-decline-in-phoenix-home-values/1090#comment-34229 I agree with your prediction. I agree with your prediction.

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