Comments on: Phoenix Home Prices to Drop Another 23%!

By: Real Estate Living

Real Estate Living — Thu, 04 Feb 2010 04:07:16 +0000

The economy everywhere is drastically floating. Some people cannot work. The bad thing is, media does all the cover ups and everything told by the government.

By: Moraira Property

Moraira Property — Thu, 14 Jan 2010 12:32:05 +0000

Guys, it looks like you have similar problems to the ones we face in Spain. The economy is pretty dire here with estimates of unemployment at around 20%. Much of the Spanish economy has been based on property and construction and sales to British & German clients. Property prices have fallen over a three year period but now look very affordable. There is a recovery of interest going on from North European clients and some Brits coming back. I would no t bet against further price falls but the market does look more optimistic than 12 months ago. I am not convinced that the media here really reflect this. Same on this side of the pond unfortunately!!

By: Simon Salloom

Simon Salloom — Tue, 05 Jan 2010 09:22:12 +0000

Good thing you have done here, Thanks!
Simon Salloom LA Times: Southern California home prices and sales improve in November
Southern California’s real estate industry, decimated by the mortgage meltdown and housing bust, is stirring to life again — even making hiring plans — as home prices bounce back.
Find more information about Santa Monica and Brentwood Real Estate here
Simon Salloom´s last blog ..Pardon our appearance while we build an improved site for 2010!

By: Simon Salloom

Simon Salloom — Tue, 05 Jan 2010 09:19:35 +0000

I like this post!
Simon Salloom LA Times: Sales of existing homes soar 7.4% in U.S.
This is a pretty up beat article about home sales that I am quoted in. We need more positive news these days.
Find more information about Santa Monica and Brentwood Real Estate here
Simon Salloom´s last blog ..Pardon our appearance while we build an improved site for 2010!

By: Phoenix Foreclosures

Phoenix Foreclosures — Wed, 16 Dec 2009 22:38:15 +0000

Actually if you read Novembers stats, median home prices are up 3k from 140k to 143k… in fact, the number of resales is up 5400 from 3500 last year this time. Although a wave of foreclosures is expected 1st quarter ‘10, Phoenix home prices are on the incline. Good news for investors.

By: Real Estate Investing Ideas

Real Estate Investing Ideas — Tue, 08 Dec 2009 00:19:18 +0000

I think another 23% drop is hardly realistic. There have been enough wounds to heal for decades but I think the recovery will be slow and is still several years away – at least 3-5 years.

By: Evan Little

Evan Little — Thu, 29 Oct 2009 05:58:41 +0000

Yikes!! Surprising the Phoenix area has that much more to fall, but there was certainly A LOT of speculators gobbling up many of the new homes like in the Surprise area. Here in Orange County we're predicted to to fall another 11% or so by June 2010. Although the demand is back and buyers are back out making aggressive offers or foreclosures continue to drive prices down.

By: Charleston Real Estate Blog

Charleston Real Estate Blog — Tue, 27 Oct 2009 12:32:06 +0000

Another home price forecast…

CNN is reporting where home prices are headed in typical alarmist fashion, down and much cheaper. But…

By: Highest CD Rates

Highest CD Rates — Tue, 27 Oct 2009 10:21:10 +0000

This is just publicity stunt of Fiserv. Now everyone in talking about them and even some people starts believing there prediction.

By: wholesaleforums

wholesaleforums — Tue, 27 Oct 2009 01:50:54 +0000

Yeah I thought the same, I thoughtI should keep my money in lloyds shaires since they are at a good price and then it totally dropped. should of kept it under my bed. lol