By NICK TIMIRAOS PHOENIX`As home prices continue to drop in most cities, a nascent real-estate rebound here holds lessons for the rest of the country. This sprawling desert metropolis was one of the hardest hit housing markets during the bust. Phoenix home prices declined 55% from 2006...

Hello Rein Members; This is a link for the February statistics for single family home sales in the Greater Phoenix area. https://docs.google.com/open?id=0B23Mdy_7yF5KS0tZUUZYai1ROC1qYlNUM2QzVzFyZw Highlights Single Family distressed title transfers down 28% Feb 2012 compared to Feb 2011...

I agree. I also stopped buying single family homes at the end of last year. I have now moved to multi-family buildings with great yields, good locations and good tenant mixes. There is a silver lining to every cloud! P.S. For those of you still looking to purchase single family...

Hello Fellow REIN members; The market in Arizona has certainly changed. I just listed one of my investment houses 10% over what I thought I could receive....and received a full price offer. I am now purchasing multi-family buildings. Have offers in on two buildings - 74 units and 110...

(From the Cromford Report published in Arizona) Greater Phoenix ` Single Family Detached Market Headlines  Except above $800,000, sales prices in $/SF are now higher than a year ago.  Inventory is falling again for all price ranges.  Above...

Statistics for Canadian Buyers of Arizona Real Estate 2011 is on point to be the second or third most active home sales in the past 10 years. Activity is back to 2004 ` 2005 years with some prices still below replacement value. June 2011 set a record as the highest home sales month...

Review Unit Sales by Financing Type and Unit Sales by Time on Market Cash purchasers (Investors and Canadians) are the largest purchasing group in the market and unit sales for single family homes remains strong at 1-30 days. 92% of homes purchased under $100,000 are cash purchases.

See today's post for the answers to your questions. Unemployment figures were released today and were above expectations.

Greater Phoenix (Arizona) Market Headlines  In every price range, sales prices in $/SF are now higher than a year ago.  Inventory is still falling below $200,000 and constraining sales volumes.  Above $200,000, supply is rising and demand remains...

Hello Thomas, Kevin and Rickson Thomas ` I saw you speak at the Vancouver REIN meeting and made copious amounts of notes. You are one smart guy. You inspired me... One chart is just a page in a story book and must be studied as part of an overall plan before moving forward. I...

Beginning in December 2010 home prices reversed their downward direction, stabilized and have started to show upward direction. Homes are still being listed below 2001 levels and are less than half of their listing prices in early 2006.

There are lies, damn lies and then there are statistics... 2011 has significantly lower new listings entering the ARMLS (MLS) system than previous years and could fall back to 2001 levels. It is still thought there is significant `shadow inventory` with government agencies holding back from...

The higher the `Estimated months of supply` the more difficult it will be to rent the property. Trends show rentals closer to Phoenix are stronger with outlying areas weaker. Many outlying areas are saturated and are offering rental incentives. Last year rental rates in Scottsdale increased...

Greetings from Buy The Sun Group, Barb Tobar, Diana Costain and sunny Arizona; Here is the latest update on the Visa proposal for Canadians wanting an American Home Owner Visa through purchasing Real Estate: What seemed like a great idea appears to have hit a bump in the road. Read...

Greetings from Buy The Sun Group, Barb Tobar, Diana Costain and sunny Arizona; Here is the latest update on the Visa proposal for Canadians wanting an American Home Owner Visa through purchasing Real Estate: What seemed like a great idea appears to have hit a bump in the road. Read...