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Blog Details for "Dalton's Arizona Homes Blog"
Dalton's Arizona Homes BlogDalton's Arizona Homes BlogPhoenix Arizona Real Estate Blog with market commentary, statistics and other thoughts 
Articles
ASU Realty Studies Department Continues Streak of Representing Non-Sales as
2009-05-16 02:37:00 Just over a year ago, the folks at Arizona State’s Realty Studies department realized there was a problem in their data. Because of their methodology, they were including failed trustee’s sales - attempted sales following foreclosure where no one bought the home and the property reverted back to the bank - in their monthly sales ... More About: Department , Sales
Friday Afternoon Theme Music - May 15
2009-05-15 20:32:00 Still sorting out the $8,000 tax credit and whether it’s allowed as a bridge loan. Information’s flying and almost all is contradictory. In the interim, some remnants of last night at Cricket Pavilion. By the time Mr. Buffett got to this song, the second of his three-song encore, the princess and I were in the van ... More About: Music , Miscellany , Friday , Afternoon , Theme
$8,000 Tax Credit Can be Used as Down Payment for FHA Loans
2009-05-14 19:05:00 The FHA is finalizing plans that will allow first-time homebuyers to use the $8,000 tax credit passed by Congress this winter as a down payment for purchasing a home with FHA financing. In essence, what FHA is trying to accomplish is to help first-time homebuyers get into a home by using the credit to cover the ... More About: Credit , Loans , Payment , Tax credit
The Bank?s Accepted Your Offer. Now What?
2009-03-26 20:53:00 Earlier this week I detailed the beginnings of the purchase process here in the Phoenix real estate market, particularly as it pertains to bank owned homes. So let’s say you’ve survived that part. What comes next? Assuming nothing in the bank addendum changed the basic timelines set out in the Arizona Association of REALTORS Residential Real ... More About: Bank , Offer
The Twist on a Bank Owned No One Saw Coming
2009-03-26 02:19:00 Normally I try and build the story a little bit but today’s situation was so bizarre it’s best to start at the ending: The lender selling a bank owned home to my buyer doesn’t own the home. Not in a “need to get a deed recorded and work out some paperwork” kind of way. The bank ... More About: Owned , Bank , Twist
All Hail the Talking Banana
2009-03-24 18:54:00 We’ve had a pretty significant jump in readership over the past several weeks, so I thought I’d dig into Google Analytics to try and see what the deal was. Um … okay. Not what I expected but I guess it’s harder than I imagined to resist the lure of a dancing banana. Technorati Tags: Phoenix real estate Copyright ... More About: Marketing , Banana , Miscellany , Talking
Phoenix Real Estate Inventory Update - March 24
2009-03-24 16:03:00 The pace of the Phoenix real estate market continues to pick up. Inventory of single-family detached homes is down for the sixth straight week and sales over the past 30 days have crossed the 5,100 mark. As of this morning there are 33,496 detached homes for sale in Maricopa County against sales of 5,114 for an absorption ... More About: Estate , Real Estate , Update
Making Offers on Phoenix Real Estate
2009-03-23 22:25:00 While many of the homes for sale in the Phoenix real estate market happen to have garages, these properties can’t be purchased as if you’re at a garage sale. “Seventy-eight thousand, huh? Tell ya what. I’ll give you $20,000 cash but I also want you to throw in that Spuds McKenzie poster.” If you want to purchase ... More About: Estate , Real Estate , Offers , Real
The Flipping Flippers Are Back According to The Republic
2009-03-22 16:41:00 There’s an excellent chance I’m too flawed to be a real estate agent in the Phoenix real estate market. We’re approaching April and I’ve yet to try and obtain a contract listing bank owned homes. And when I read things like the tail end of this article in the Arizona Republic , I cringe … (Agent) said ... More About: Back , Flipping
Canadian Buyers, Your Help is Needed
2009-03-21 21:08:00 A couple of months ago I wrote about a website dedicated specifically to Canadian s buying Phoenix real estate. There probably won’t be live blog posts like you have here. Instead, there would be a glossary of posts that discuss different aspects of the real estate transaction here in the states. As you’ve probably noticed, this project ... More About: Buyers
Friday Afternoon Theme Music - March 20
2009-03-20 16:59:00 In honor of the NCAA basketball tournament, we bring you One Shining Moment. No, it won’t hurt my feelings if you don’t actually click through to listen to this song. I just needed something and this particular tape - of Indiana winning the title over Syracuse in 1987 - was of note because that was the ... More About: Music , Miscellany , Friday , Afternoon , Theme
A Quick Note About the Listings
2009-03-20 03:36:00 Since there were a backlog of questions along these lines, I thought it might be worth revisiting the listings you see on the website. The listings search here, on my bank owned site and all my sites is fueled via something called IDX. In short, if it’s in the Arizona Regional MLS and the agent has ... More About: Listings , Note , Quick
Does a Dining Room by Any Other Name Smell Less Sweet?
2009-03-19 18:17:00 Earlier this week I was putting the finishing touches on a new website for a one-time colleague of mine, downloading and uploading floor plans for a handful of communities in Peoria. What quickly became apparent is some builders go to great lengths in the naming of their floor plans … and some hardly try at ... More About: Marketing , Sweet , Smell , Room , Dining
Phoenix Real Estate Inventory Update - March 18
2009-03-19 02:09:00 Definitions of the meaning of absorption rate vary slightly from place to place. As a general rule of thumb, though, an absorption rate of less than five months - said another way, inventory of less than five months - would indicate a sellers’ market, inventory between five and six months indicates a balanced market and ... More About: Estate , Real Estate , Phoenix , Inventory , Update
The City of Phoenix Can?t Sell Real Estate Either
2009-03-18 16:48:00 With a quick nod to Jay Thompson, who clued me in on some of what was said during Monday’s informational meeting about the City of Phoenix ’s $15,000 loan available for those purchasing bank owned homes … First, I’m done calling it an incentive because it really isn’t, at least not for most folks. Let’s call this ... More About: Estate , Real Estate , Real
Thoughts on Phoenix?s $15,000 Loan for Purchasing Bank Owned Homes
2009-03-17 22:38:00 There were just shy of 200 visitors here yesterday and the vast majority were looking for information about the City of Phoenix ’s $15,000 incentive for home buyers purchasing a bank owned home. For those who still question the idea of latent buyers’ demand in the Phoenix real estate market, consider those searches as Exhibit A. Tell ... More About: Loan , Thoughts , Homes , Owned
Phoenix?s $15,000 Incentive for Buying Foreclosed Homes
2009-03-17 21:10:00 The past couple have days have been filled with phone calls and e-mails asking about the City of Phoenix ’s $15,000 incentive for those purchasing bank owned homes within the city limits. As with any program, though, the devil is in the details. Here’s what I’m seeing: The $15,000 is not a gift; it’s a loan that needs ... More About: Buying , Homes , Foreclosed
Friday Afternoon Theme Music - March 13
2009-03-13 22:08:00 How about something silly, one a remake and the other original. They Might Be Giants, kids. Saw them at After the Gold Rush as part of an hours-long acoustic concert (also featuring Michael Penn.) They were the ones who came out with electric instruments explaining, “we know this is supposed to be an acoustic concert but ... More About: Music , Miscellany , Friday , Afternoon , Theme
The Joy of Broken Technology
2009-03-13 04:51:00 There’s a story I heard long ago in a press box about the only known death of Radio Shack’s TRS-80 (and by extension the “Trash” 100 - the third computer I owned and my first laptop, such that it was). It’s more than likely apocryphal, but the story goes that a sportswriter in Atlanta flummoxed by ... More About: Marketing , Technology , Broken
What?s a Seller to do in the Phoenix Real Estate Market?
2009-03-11 21:03:00 There probably has not been a tougher time to be a seller here in the Phoenix real estate market. We’ve had slow markets in the past but the current market doesn’t really equate. Homes are selling at a brisk pace, assuming the owner of the home is a bank and the list price is at ... More About: Estate , Real Estate , Real Estate Market , Market
Phoenix Real Estate Inventory Update - March 10
2009-03-11 01:23:00 Today’s short version: inventory is falling and sales are up in the Phoenix real estate market. As of this writing there are 34,192 single family detached homes for sale in Maricopa County, down a couple of hundred from a week ago. Sales are up by nearly 300 to 4,488 from a week ago for an absorption ... More About: Estate , Real Estate , Inventory , Update
Polls Are Still Open in Goodyear
2009-03-10 23:37:00 I’ve been asked by John Vescova, one of my colleagues and also one of the candidates for city council in Goodyear, to let everyone know the pools are still open in Goodyear for another 90 minutes or so. Well, sort of. There are no actual polls, which means turnout at the physical polls is only down ... More About: Open , Miscellany , Polls
The $15000 Buyers Tax Credit is Dead, Long Live the Buyers Tax Credit
2009-02-12 01:46:00 Is there anyone out there who doesn’t believe that the housing market has been the driving factor behind our current economic situation? I mean, anyone other than our members of Congress? The news has gotten somewhat better as today has worn on, at least from the snippets I heard while driving through the Imperial Valley on ... More About: Credit , Live , Dead , Long , Buyers
Phoenix Real Estate Inventory Update - February 10
2009-02-11 17:00:00 Yes, today is February 11 but the numbers were compiled last night. As you’re reading this the family and I are on our way to Disneyland for the first time in three years for what purportedly will be a vacation. After three days in the park with two kids and a teen, I’ll need a ... More About: Estate , Real Estate , Phoenix , Inventory , Update
$15,000 Home Buyers Tax Credit Passes Senate. Now Comes the Fun Part.
2009-02-11 02:50:00 So now what? This morning, the Senate passed its version of the $900 billion(ish) Stimulus Bill that included a $15,000 tax credit for those purchasing a home within the next year as their primary residence. Other than the fact it leaves everyone who may buy a home ahead of the bill’s passage out in the cold, the ... More About: Credit , Home Buyers , Home , Part
Golf Clubs Gathering Dust?
2009-02-09 18:26:00 From what friends and clients tell me there are parts of the United States and Canada that are “cold.” In these places, there’s something called “snow” - they tell me it’s an icy type of precipitation that falls from the sky, sometimes in sufficient quantity to accumulate on the ground. This “snow” is white which led ... More About: Golf , Clubs , Gathering
Revisiting Content for Canadian Buyers
2008-11-24 22:08:00 This is an idea whose time actually came about a year ago and has bubbled at the edges of my consciousness ever since … a compendium of information on the Phoenix real estate buying process directed exclusively at foreign buyers and Canadian s in particular. There’s this button at the top of the page which used to ... More About: Content , Buyers
Why I Ask for 30 Minutes Notice
2008-11-23 16:43:00 When you’re selling your home, you essentially are not allowed to have a life. Your home needs to be showing ready at all points in time and you need to be able to vacate on a moment’s notice so someone else can look through your closets and drawers. Of course, that’s not always a possibility. Such ... More About: Notice , Minutes
10 Things You Need to Know About Phoenix Real Estate
2008-10-20 00:23:00 Here are some things you ought to know, based on questions and comments that I’ve received over the past couple of weeks: 1. Mortgages still are available. You’ll need a decent credit score - 680 and up - and an income stream, but mortgages are available. Gone are the days of “no job, no money, no ... More About: Estate , Real Estate , Phoenix , Real , Things
Friday Afternoon Theme Music - October 17
More articles from this author:2008-10-17 18:51:00 As promised, the Ohio Players in honor of the stock market … 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 Contact Jonathan at 602-502-9693. This Feed is for personal non-commercial use only. If you are not reading this ... More About: Music , Miscellany , Friday , Afternoon , Theme 1, 2, 3, 4, 5, 6, 7 |
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