Market Update

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 […]