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Dalton's Arizona Homes Blog

Dalton's Arizona Homes Blog
Phoenix Arizona Real Estate Blog with market commentary, statistics and other thoughts
Articles: 1, 2, 3, 4, 5, 6, 7

Articles

Uh-Oh ? He?s on Memory Lane Again
2008-05-31 04:30:00
Sunset at Packard Stadium, home of Arizona State University’s baseball team. If you’re a sports fan, your life often is marked in seasons. Twenty years ago this spring I watched Mike Kelly homer off the ASU flag in left-field some 30 or so feet in the air, the ball just beginning its downward decent as the ...
More About: Memory , Lane , Miscellany
Friday Afternoon Theme Music - May 30
2008-05-30 19:41:00
Have I done this one before? I don’t remember and I’m going to be lazy and not look back in the archives to see. Why would a Phoenician post this? Because I was born in Los Angeles and have been a Lakers fan my entire life, mostly to the annoyance of my wife. Since this was playing ...
More About: Music , Miscellany , Friday , Afternoon , Theme
Online Versus Print Advertising - It?s No Contest
2008-05-30 00:08:00
Last week a home search site, RealSeekr.com, came onto the scene. The main difference between this and a number of similar sites is RealSeekr was designed by real estate agents so presumably they’ve kept what we as a group tend to like and tossed what we don’t like in creating this platform. Will anyone find this ...
More About: Contest , Advertising , Print , Online , Versus
Ins and Outs of IDX
2008-05-29 18:22:00
The Phoenix real estate listings you see on this site and many others all are powered by something called IDX - Internet Data Exchange. Depending on the IDX provider an agent or brokerage chooses, the level of information you will see on these IDX searches can vary widely. For instance, I used to use Success Web ...
No Competition in Real Estate? Really?
2008-05-29 01:40:00
Sometimes, you just have to shake your head. Admittedly, I’d never read Jeff Jarvis’ blog before and probably won’t read it again - it’s little different than the “all real estate agents” suck routine you can get in a dozen other places. But there’s one line from his post yesterday celebrating the settlement of the Department of ...
More About: Estate , Real Estate , Competition , Real
Phoenix Real Estate Inventory Update: May 28
2008-05-28 22:02:00
We’re experimenting with tables today … if this doesn’t look good, we’ll go back to the maps. Just want to make sure everyone’s still paying attention. Inventory continued to fall over the last week - we stand at just over 38,000 single-family detached homes for sale in Maricopa County. Sales in the Phoenix real estate market ...
More About: Estate , Real Estate , Update
Phoenix Bank Owned Inventory Continues to Fly
2008-05-28 18:29:00
As has become the custom the last month, this one’s going to be a two-parter. Full report for all of the cities in the Valley will come later this afternoon. Today’s big story? Bank owned homes are moving and moving fast … there were 1,131 closed sales of REO homes in the Phoenix real estate market ...
More About: Inventory , Owned
Markets Work - DOJ vs. NAR redux
2008-05-28 02:43:00
I saw the following on Michael Wurzer’s FBS Blog as he analyzed the settlement between the Department of Justice and the National Association of REALTORSand had to pass it along. Is it too much of a stretch to say this is an extension of the basic premise that “markets work”? I don’t think so. I suspect the ...
More About: Markets , Work , Miscellany
NAR, DOJ Reach Settlement
2008-05-27 23:53:00
For the last couple of years, the standard battlecry of the anti-Realtor set has been “wait until the Department of Justice is through with NAR! They’re going to turn the real estate industry upside-down!” Um, no. From the Department of Justice: “The Department of Justice announced today that it has reached a proposed settlement with the National ...
More About: Reach , Settlement
The Joys of Countrywide
2008-05-27 17:23:00
One of the more entertaining notes to appear in the Arizonal Regional MLS of late is the requirement on Countrywide -owned REO properties that the buyer be prequalified by Countrywide before an offer will be considered. The buyer can use any lender they choose for the loan, but Countrywide wants to make sure they can prequalify them ...
Phoenix Real Estate Stats Coming Tomorrow
2008-05-27 13:53:00
One problem with compiling the numbers on Tuesdays is long holiday weekends, where nothing will have shown as closed over the past three days. I still may run the numbers for the fun of it but most likely will wait until Wednesday. I will leave you with an almost unanswerable question - how many short sales ...
More About: Estate , Real Estate , Phoenix , Stats , Real
Memorial Day 2008
2008-05-26 17:28:00
Be safe and while you’re enjoying the barbecue or the pool, don’t forget those who gave their lives so you and I could enjoy such things. Copyright © 2008 Phoenix Real Estate | Phoenix Homes for Sale | All Phoenix Real Estate Blog. This Feed is for personal non-commercial use only. If you are not reading ...
More About: Memorial Day , Memorial
Pools and Rental Properties
2008-05-25 17:57:00
Pools always have been question marks when it comes to rental properties. Having a pool might increase the rent you can realize slightly and also can make a rental property more attractive, at least in a normal May (like early last week) when temperatures were in the 100s. But the argument against always has been a ...
More About: Rental , Pools , Properties
You Make the Call
2008-05-25 02:42:00
Does anyone else remember the “Alcoa Presents - You Make the Call ” segment from NFL broadcasts during the 1980s? You’re shown a video clip, there’s a cutaway to the Alcoa ad, and them you come back to find out the answer? Alcoa’s not sponsoring this so you’ll be spared the ad … nevertheless, here’s your chance. ...
More About: The Call
The View from the East Valley
2008-05-24 18:10:00
Yesterday was … strange … yes, that’s the best word for it. I’ve read with interest while friends in Colorado have described going through all four seasons in the span of a few hours. I was amazed myself last month when it was 82 degrees in Denver the day before I went and 38 degrees and ...
More About: The View , East , View , Valley , East Valley
Subdivisions and the Arizona Regional MLS
2008-05-23 22:34:00
It doesn’t happen often, but Jeff Brown’s been proven wrong … In a post this afternoon on NewARMLS.com, Paul Kriewall announced that agents can use a subdivision’s common name in the Subdivision field instead of only the subdivision’s legal name. Paul earlier this week had written that ARMLS was going to begin enforcing the letter of the ...
More About: Arizona , Regional
Friday Afternoon Theme Music - May 23
2008-05-23 20:53:00
This one’s for my friend Ines in Miami, who today on Agent Genius asked what some of us do for fun on our blogs on Friday s. I started this feature with the Boat Drunks’ Callin’ in Gone since that was the dominant mood for the day. Since then, it’s all depended on my mood. We haven’t taken ...
More About: Music , Miscellany , Afternoon , Theme
Phoenix?s Bizarre Bipolar Weather
2008-05-23 18:13:00
One of the accepted realities of life here in Phoenix is once the thermometer crosses the triple-digit plateau, it doesn’t recede until October. It’s been that way since my family and I moved here from the San Fernando Valley 31 years ago (this very week, incidentally.) Which is what makes the last two days somewhat … ...
More About: Weather , Bizarre , Miscellany , Bipolar
7,000 Reasons You MUST Know Your Lender
2008-05-22 23:43:00
And I don’t mean know your lender in the social sense, but rather the fees that your lender is going to be charging you to get your loan done. This morning I received the pre-audit for someone closing a home today and there was a fee that had not appeared on the Good Faith Estimates: Broker Admin ...
More About: Reasons
The Arizona Regional MLS Doesn?t Want Your Home to Sell
2008-05-22 17:26:00
Yesterday brought word that the Arizona Regional MLS, the MLS for Maricopa County and the Phoenix real estate market, is going to crack down on the data entered into the “subdivision” field of the MLS. ARMLS rules dictate that only the legal name of the subdivision can be entered into the subdivision field which is well ...
More About: Home , Sell
Tracking Phoenix Home Sales
2008-05-21 20:04:00
There’s a debate brewing over the number of sales that actually are taking place here in the Phoenix real estate market. Jay Butler, director of real-estate studies at Arizona State University’s Morrison School of Management and Agribusiness, apparently had been including as sales homes where the banks have taken over ownership of the property after foreclosing on ...
More About: Sales , Home , Tracking
The Rime of the Phoenix Real Estate Agent
2008-05-21 09:17:00
Water, water everywhere and all the boards did shrink Water, water everywhere nor any drop to drink  - The Rime of the Ancient Mariner There are a lot of homes on the market at the moment … just over 38,000 single-family detached homes in Maricopa County as of this morning. And for all that inventory, I find myself ...
More About: Agent , Estate , Real Estate , Phoenix , Real Estate Agent
Phoenix Real Estate Inventory Update: May 20
2008-05-20 19:55:00
After this morning’s REO preview, here’s the overall inventory update for the Phoenix real estate market as of this morning, May 20. Inventory fell once again the past week, down another 100-plus homes to 38,217 single-family detached homes for sale in Maricopa County, marking the fifth consecutive week that inventory has fallen week over week. Sales over ...
More About: Estate , Real Estate , Update
How Hot is the Phoenix Bank Owned Real Estate Market?
2008-05-20 19:00:00
For the past two years I’ve said raw inventory numbers have little meaning unless filtered against the pace of sales. High inventory really isn’t all that high if it’s being absorbed at an accelerated rate. Phoenix ’s bank owned real estate market is proving that statement. As of this morning there are 4,299 bank owned properties listed in ...
More About: Estate , Real Estate , Real Estate Market , Market
New to AllPhoenixRealEstate.com - Just Listed
2008-05-19 20:25:00
Online searches for real estate in Phoenix or elsewhere can be tedious. Enter the criteria for your search, look through the listings, then re-enter the same information the following day and watch your monitor fill mostly with the same homes you saw before. Even if you’re on a site that allows you to save your search ...
More About: Listed
Glossy Magazines, Canadian Buyers and Other Stuff
2008-05-18 18:03:00
There are two basic sets of buyers in the real estate world … those who are looking to purchase property in the near term (otherwise known as motivated buyers) and those who might purchase now or two years from now or maybe never, just depending on how the stars happen to align. Folks who fall into ...
More About: Magazines , Stuff , Canadian , Buyers , Glossy
Phoenix Real Estate Inventory Map: May 12
2008-05-17 19:42:00
Looking through this week’s archives I realized I never posted the absorption rate map on Tuesday. So here it comes, with numbers from Tuesday, just a few days later than normal. As of this past Tuesday, care to guess what the hottest market in the Phoenix real estate market is? Queen Creek at 5.80 months of inventory, ...
More About: Estate , Real Estate , Inventory , Real
Giving Back: Phoenix Children?s Hospital Fundraiser
2008-05-17 17:01:00
This coming Monday, Mike Foulds from my office - RE/MAX Desert Showcase - will be playing 100 holes of golf to raise money for Phoenix Children ’s Hospital . If you’re willing and able to make a per-hole pledge of any amount … 25 cents, 50 cents, 1 dollar … please send me a quick note through the ...
More About: Back , Miscellany
Canadian Investing in Arizona Real Estate? Get a Property Manager
2008-05-16 21:08:00
Oddly enough, I was having this conversation with a client from Edmonton yesterday … is it necessary for a Canadian purchasing rental property here in Arizona to hire a property manager? Logistics told me you’d want to have a property manager, unless you enjoy flying up and back to the States repeatedly. Then I saw this ...
More About: Estate , Real Estate , Property , Manager
Friday Afternoon Theme Music: May 16
2008-05-16 19:29:00
And another one gone and another one gone … Another one bites the dust! Hey! Gonna get you too! Another one bites the dust! You need to a flashplayer enabled browser to view this YouTube video Copyright © 2008 Phoenix Real Estate | Phoenix Homes for Sale | All Phoenix Real Estate Blog. This Feed is for personal non-commercial use ...
More About: Music , Miscellany , Friday , Afternoon , Theme
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