Market Update

August 21, 2018
NIck Bastian Realty Executives

All Real Estate Flippers Are Not Equal

Believe Me: All real estate flippers are NOT equal. There’s a LOT of so-called expert real estate flippers out there who watch some get rich quick show like how to become a millionaire or Flip This House. After a few episodes, they are ready to take over the world. Like most well run businesses, the people who do well are those who have a business plan, pay attention to detail and […]
October 4, 2013

Time For Some Golf!

It’s early October in Arizona. If you drive around town this time of year or if you play golf at all, you’ve noticed people “scalping” their yards and over-seeding the lawn and the golf courses. While I love that it’s time to start playing more golf, the activity also tends to make me think that “snowbird season” is upon us. Each Fall / Winter, like clockwork, people come to Arizona […]
June 20, 2013

From Blues To The Moon

If there is one thing that is consistent in the real estate business, it’s change. Back in 2011, I wrote a blog post titled, Singing The Short Sale Foreclosure Blues. It was a post where the president / chairman of Realty Executives, Rich Rector, sang a song he wrote about the real estate market at the time. The song was performed “live” at our quarterly event and it was pretty […]
June 4, 2012

June Market Update – What’s Selling?

Our real estate market has been on one heck of a ride for quite some time. Big ups, big downs and a LOT of questions for buyers and sellers alike. While some people in the media still love to talk of the doom and gloom from our recent past, many people around here feel like we hit a bottom mid-late 2011. No, you haven’t missed the boat, and, no, you […]
September 1, 2009

Pending Home Sales Rising

In addition to watching our mls system and looking at a lot of homes around town, I get a LOT of email and blog updates to help keep an eye on the real estate market. While I firmly believe there is no way for anyone to give a “one size fits all” answer to the market, it is interesting to watch trends. In my opinion, you need to look closely at a specific […]
March 5, 2008

Turning the Corner?

We have discussed, at length, the real estate market and the fact that the media has basically been telling people NOT to buy real estate for quite some time. Just as the market had been “over-hyped” into an unhealthy frenzy a couple of years ago, I have felt the same thing has been happening over the past several months, or so.Recently, I have seen a couple of articles that have […]
January 20, 2008

Arizona’s Priciest Properties

While I sometimes disagree with Catherine Reagor of the AZ Republic, I found this video of the valley’s most expensive homes to be very interesting and well done. There was also an interesting piece tracking the sales of million dollar + homes since 1998.The growth of these sales is pretty impressive. I can recall a time where million dollar sales were a really big deal in Arizona.. Happens all the […]
September 19, 2007

More Market Casualties

Apparently, Homes Illustrated Magazine is one of the latest casualties of the current market. In an email I received yesterday, they said; “This market has been hard on all of us, both you our customers and our industry as a whole.”I’m not 100% convinced that the market had as much to do with their decline as did “marketing” practices in our business. While they have a web site, the focus […]