You don't need to be a home inspector or an electrician to know this is just plain wrong... Photo courtesy of http://www.frameworkinspect.com/ … [Read more...]
Blogs Will Grow as Tool for Real Estate
by Jay Thompson on May 17, 2006
Well avid reader's, our little spot here in the blogosphere was mentioned (sort of...) in the Arizona Republic today. I spoke with the reporter, David van den Berg, at length last week about real estate and blogging. He was a nice guy, and asked a lot of great questions. I wish he'd had more space to print some of them. I also wish he would have printed the URL to this blog like he did with … [Read more...]
40,000 listings — what does that mean?
by Jay Thompson on May 15, 2006
At this moment in time, there are 40,017 listings in the Arizona Regional Multiple Listing Service (ARMLS). That's a lot of inventory. Especially when compared to January 2005 when the MLS listings equaled 3,402. People ask us all the time if we are in a "Buyer's market" or a "Seller's market". I don't believe anyone has ever tossed "Neutral market" into the question. Compared to the … [Read more...]
The car conveys!
by Jay Thompson on May 10, 2006
Buy a house, get a free car! Believe it or not, it is possible to just that. As Phoenix shifts from an insane seller's market toward (TOWARD) a true buyer's market, many sellers are beginning to offer some unique enticements to get the attention of buyers. The things we've seen range from the "typical" to the quite creative... * Paying for closing costs * Buying a home warranty … [Read more...]
Phoenix Area MLS Listings & Sales Stats
by Jay Thompson on May 7, 2006
Homes (Data includes Single Family Homes, condo/Townhomes, 2 - 4plex, mobile/mfg and timeshares): Active Listings: 39,055 (32,805 SFH's) Active With Contingencies (AWC): 1,263 (what does AWC mean?) Pending: 8,262 Sold (April 1 - April 30): 6,793 Land: Active: 8,602 AWC: 97 Pending: 733 Sold (4/1 - 4/30): 482 Most expensive current listing: $19,900,000 Number of homes listed over … [Read more...]
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I'm Jay Thompson, and I have a little blogging problem... 
