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Dalton's Arizona Homes BlogDalton's Arizona Homes BlogPhoenix Arizona Real Estate Blog with market commentary, statistics and other thoughts Articles
The Morning After RE Barcamp
2008-07-23 16:22:00 What’s RE Barcamp? Essentially it was the non-conference before the Inman Real Estate Conference, a place where the sessions were posted on stick notes on the wall almost akin to the course catalog from the movie Accepted. Scribble down what you want to see, and there’s your session. What I needed was a session explaning that ...
Continuing Education and Actual Education
2008-07-22 17:15:00 Arizona statute mandates that all real estate agents complete 24 hours of continuing education every two years in order to keep their license active. This, of course, is woefully inadequate - a feeling only reinforced over the past week as I’ve been completing online classes to meet the requirement. It’s not a question of whether the classes ... More About: Marketing
Heading to San Francisco
2008-07-22 01:07:00 By this time tomorrow I’ll be shivering in San Francisco (forecast high: 60 degrees, only 45 degrees less than it is here) for Inman News’ Real Estate Connect Conference. I’m far from alone … maybe not so on the shivering aspect … but otherwise. This is a semi-annual gathering of some of the top real estate ... More About: Marketing , Heading
Where to Price Your Initial Offer
2008-07-20 23:19:00 It’s the second most common question I hear, trailing only “why do you use your photo instead of letting Tobey roll solo” - “how much should I offer for this house?” In truth, there’s no one right answer. If a home already is priced at the lower end of the current market, there may be less ... More About: Offer
A Day Later and Still Reeling
2008-06-07 17:52:00 News of eight offers on a bank-owned home that just hit the Phoenix real estate market (Mesa, actually) still has me reeling today. How many of those would-be buyers actually saw the house in the one day it was on the market? How many are writing offers sight unseen, knowing they can cancel the offer after ...
It?s Almost Like 2005 All Over Again ?
2008-06-07 01:23:00 Bank owned home comes to the market in Mesa yesterday. Home is off the market this morning with eight offers submitted to the bank, including my client’s offer. Eight offers in one day? It feels like 2005. Oh, and Arizona real estate commissioner Sam Wercinski says mortgage fraud - including cash back schemes - are on the rise. ...
Friday Afternoon Theme Music: June 6
2008-06-06 20:01:00 This one’s for my mom, who would play this record (yes, kids, actual vinyl) when I was a kid growing up. I hadn’t heard it in many, many years until I bought a Jimmy Buffett album and a cover of the song was included. Suddenly I was back on Canteloupe Avenue in Panorama City … I’ll ... More About: Music , June , Miscellany , Friday , Afternoon
Just When You Think You Found It ?
2008-06-05 17:59:00 In the if I knew then what I know now category … I grew up in Mesa’s Dobson Ranch in a house along Guadalupe Road. When we moved into the home 30-odd years ago there was little traffic noise because the road turned to dirt a half-mile away when you reached Alma School Road and, quite ...
The Definition of Hooped
2008-06-05 04:04:00 My thanks to Diana for the title for today’s misadventure in real estate. Hooped, for those down here in the States, means something akin to … um … er … up a creek? Screwed? Certain other words that I can’t write in a family blog without incurring the wrath of my wife? I’d never heard the term ... More About: Definition
Arizona State Softball Brings Home 1st Title
2008-06-04 06:13:00 On a warm, humid summer night in Oklahoma City (is there any other kind there?), Arizona State ’s fab five clinched the school’s first-ever NCAA softball championship. This leaves the Sun Devils seven titles behind those who shall not be named in Pima County, but give the program time. Seniors Kristen Miller, Katie Burkhart, Jackie Vasquez, Mindy ... More About: Home , Miscellany , Title
Phoenix Real Estate Inventory Update: June 3
2008-06-03 19:10:00 By definition, an absorption rate of five to six months defines a balanced market - one where inventory is balanced by the pace of sales and neither sellers nor buyers have additional leverage in negotiations. As of this writing, there are two cities with balanced markets - Ahwatukee at 5.00 months of inventory and Maricopa with ... More About: Estate , Real Estate , Phoenix , June , Inventory
Phoenix Real Estate Wiki
2008-06-03 01:04:00 Have you ever wanted to find definitions for terms used here on the blog or in other discussions about the Phoenix real estate market, all in one place? Introducing my Phoenix Real Estate Wiki … it’s admittedly a work in progress at the moment but will be a little better organized and fully fleshed out in ... More About: Real Estate
Short Sales in the Phoenix MLS
2008-06-02 18:22:00 Here’s the state of short sales in the Phoenix real estate market. Intentionally search for short sales by filtering for the rules as set down by the Arizona Regional MLS and you’ll only see about 75 percent of the available listings. Comply with client requests to not be shown short sales and you’ll end up having ... More About: Marketing , Sales , Short
How To Verify the Home You Rent is Being Foreclosed
2008-06-01 18:09:00 What can a tenant do when their owner is in foreclosure? Keeping in mind that I’m not an attorney and for full legal advice, you ought to consult an attorney, the answer is “move.” Your landlord hasn’t paid their mortgage and banks don’t work as landlords. It’s a scenario that has played out hundreds of times across ... More About: Home , Rent , Foreclosed
Have $10,000 Burning a Hole In Your Pocket?
2008-05-31 23:18:00 The 2008 World Series of Poker kicked off yesterday at the poker room of the Rio All-Suites Hotel and Casino. So if you happen to have $10,000 to spare and would like to sponsor a boy and his beagle in exchange for a share of the spoils, we’ll be happy to take the trip to ... More About: Miscellany , Burning , Hole , Pocket
Need an Extended Closing Period? Short Sales Might (or Might Not) Be the An
2008-05-31 21:13:00 Yesterday I received a question from a Canadian buyer who is looking for a property with an elongated escrow period. Closings in Arizona usually take place in 30 to 45 days. It’s possible to have shorter or longer escrow periods, but they’re the exception rather than the norm. Why? Short er becomes difficult because as a buyer ... More About: Sales , Extended , Period
Another Tremendous Trulia Voices Answer
2008-05-31 10:10:00 This one courtesy of Dee Johnson, an agent in Prescott Valley. Someone in Indianapolis asks about “Fontana Lakes” in Peoria. What they really meant was “Ventana Lakes” which I happen to know a thing or two about. Given the choice between remaining silent on a topic about which she knows nothing or sallying forth in hopes of ... More About: Answer
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
More articles from this author: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 1, 2, 3, 4, 5, 6, 7 |
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