June 30th 2008
Good Morning! Those Callaways report that the total REO/Bank Owned properties on the Arizona Multiple Listing Service (ARMLS) available for sale is 5988. Of these, there are 416 properties available for sale in the Northeast Phoenix and Scottsdale areas. The total REO/Bank Owned properties on ARMLS pending and in escrow is 2661. Of these, there are 188 properties pending and in escrow in the Northeast Phoenix/Scottsdale areas.
The following Foreclosed/Bank Owned properties have just come on the Northeast Phoenix/Scottsdale market:
To see our latest Bank Owned Foreclosures, click here: http://thosecallaways.com/Visitor/bank_owned.php
Posted in All, Daily Statistics, Statistics | No Comments »
June 27th 2008
Good Morning! Those Callaways report that the total REO/Bank Owned properties on the Arizona Multiple Listing Service (ARMLS) available for sale is 5892 . Of these, there are 412 properties available for sale in the Northeast Phoenix and Scottsdale areas. The total REO/Bank Owned properties on ARMLS pending and in escrow is 2643. Of these, there are 184 properties pending and in escrow in the Northeast Phoenix/Scottsdale areas.
The following Foreclosed/Bank Owned properties have just come on the Northeast Phoenix/Scottsdale market:
To see our latest Bank Owned Foreclosures, click here: http://thosecallaways.com/Visitor/bank_owned.php
Posted in All, Daily Statistics, Statistics | No Comments »
June 26th 2008
Good Morning! Those Callaways report that the total REO/Bank Owned properties on the Arizona Multiple Listing Service (ARMLS) available for sale is 5795 . Of these, there are 404 properties available for sale in the Northeast Phoenix and Scottsdale areas. The total REO/Bank Owned properties on ARMLS pending and in escrow is 2628. Of these, there are 182 properties pending and in escrow in the Northeast Phoenix/Scottsdale areas.
The following Foreclosed/Bank Owned properties have just come on the Northeast Phoenix/Scottsdale market:
To see our latest Bank Owned Foreclosures, click here: http://thosecallaways.com/Visitor/bank_owned.php
Posted in All, Daily Statistics, Statistics | No Comments »
June 25th 2008
Good Morning! Those Callaways report that the total REO/Bank Owned properties on the Arizona Multiple Listing Service (ARMLS) available for sale is 5759 . Of these, there are 414 properties available for sale in the Northeast Phoenix and Scottsdale areas. The total REO/Bank Owned properties on ARMLS pending and in escrow is 2736 . Of these, there are 188 properties pending and in escrow in the Northeast Phoenix/Scottsdale areas.
The following Foreclosed/Bank Owned properties have just come on the Northeast Phoenix/Scottsdale market:
To see our latest Bank Owned Foreclosures, click here: http://thosecallaways.com/Visitor/bank_owned.php
Posted in All, Daily Statistics, Statistics | No Comments »
June 24th 2008
Good Morning! Those Callaways report that the total REO/Bank Owned properties on the Arizona Multiple Listing Service (ARMLS) available for sale is 5615 . Of these, there are 406 properties available for sale in the Northeast Phoenix and Scottsdale areas. The total REO/Bank Owned properties on ARMLS pending and in escrow is 2721 . Of these, there are 184 properties pending and in escrow in the Northeast Phoenix/Scottsdale areas.
The following Foreclosed/Bank Owned properties have just come on the Northeast Phoenix/Scottsdale market:
To see our latest Bank Owned Foreclosures, click here: http://thosecallaways.com/Visitor/bank_owned.php
Posted in All, Daily Statistics, Statistics | No Comments »
June 23rd 2008
Good Morning! Those Callaways report that the total REO/Bank Owned properties on the Arizona Multiple Listing Service (ARMLS) available for sale is 5501 . Of these, there are 395 properties available for sale in the Northeast Phoenix and Scottsdale areas. The total REO/Bank Owned properties on ARMLS pending and in escrow is 2704 . Of these, there are 182 properties pending and in escrow in the Northeast Phoenix/Scottsdale areas.
The following Foreclosed/Bank Owned properties have just come on the Northeast Phoenix/Scottsdale market:
To see our latest Bank Owned Foreclosures, click here: http://thosecallaways.com/Visitor/bank_owned.php
Posted in All, Daily Statistics, Statistics | No Comments »
June 20th 2008
Good Morning! Those Callaways report that the total REO/Bank Owned properties on the Arizona Multiple Listing Service (ARMLS) available for sale is 5590 . Of these, there are 407 properties available for sale in the Northeast Phoenix and Scottsdale areas. The total REO/Bank Owned properties on ARMLS pending and in escrow is 2681 . Of these, there are 178 properties pending and in escrow in the Northeast Phoenix/Scottsdale areas.
The following Foreclosed/Bank Owned properties have just come on the Northeast Phoenix/Scottsdale market:
To see our latest Bank Owned Foreclosures, click: http://thosecallaways.com/Visitor/bank_owned.php
Posted in All, Daily Statistics, Statistics | No Comments »
June 9th 2008
A hundred years ago, in a time when men wore hats and ladies didn’t wear white shoes after Labor Day, there lived a man named Bernard Baruch. Sort of Warren Buffet of his day, he was fabulously wealthy from wise investments in the stock market. He was a close confidant to several U.S. Presidents and was often quoted for he had a way with words. One day a reporter asked his best investment advice and he replied, “Buy straw hats in winter for in spring they will surely sell.”
Today, our real estate market is in deep winter. Whether this is the beginning, middle or end of our cold season varies with which expert you consult. We may have yet to hit the bottom or we may be on the upswing and not even know it. The reality is that peaks and valleys in a real estate market are only clearly recognized six to twelve months after the fact. What we do know is that the fluff is gone and bargains abound. Now is the time to buy.
In fact, this buyers market may well be remembered as the perfect winter storm as three real estate weather fronts collide.
- On the supply front there are over 55,000 homes total for sale on the MLS (Multiple Listing Service). The selection is huge.
- On the demand front monthly sales dropped to 3,500 homes in September and remains over 40% below 2006 levels. Sellers must compete for buyers and pricing is flexible.
- On the credit front 30 year fixed rates remain around 6%. Understandably the mortgage industry has retreated from sub prime (anybody can buy a house) lending. But folks with a down payment, a job and a decent credit score can still get a very attractive loan.
When you combine these powerful forces of selection, flexible prices and excellent terms this becomes the perfect buyers market storm.
And when is our springtime? Will it surely come?
People continue to pour into Arizona at a rate of 9,000 every month. That’s over 100,000 each year. Our economy becomes more diversified each day. Good jobs keep opening up. Freeways continue to be built. Malls and condos are under construction. Look at the giant cranes filling our horizons. Yes, our spring will surely come. The first signs may be eluding us now. For it is only with the full flush of fresh blossoms and birds singing that we realize winter is past.
Ours is strong and resilient market with huge growth ahead. Our spring will surely come and we should all be buying straw hats today.
Posted in All, FAQ | No Comments »