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The Phoenix Real Estate Weekly

Blog by Barb Savoy-Pacella
Scottsdale, Arizona
With market changes taking place rapidly, in addition to our monthly e-newsletter, we will also be providing a weekly blog for those who prefer to receive information more than once per month.

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The Phoenix Real Estate Weekly

September 2009

The Phoenix Real Estate Weekly 9/25/09
Sep. 24, 2009
Tagged with: az, foreclosures, glendale, homes, peoria, phoenix, scottsdale
The vast majority of the sales are currently taking place in the West Valley where Glendale has a 2.7 months supply Peoria has a 3.6 months supply of inventory; versus Scottsdale at 9.2 months, and Fountain Hills at 14.4 months.
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The Phoenix Real Estate Monthly 9/18/09
Sep. 18, 2009
Tagged with: az, foreclosures, market, phoenix, sale, scottsdale
The average single family detached foreclosure is 10% larger than it was six months ago (2122 square feet, versus 1928 square feet) suggesting that foreclosures may be moving up the market.
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The Phoenix Real Estate Weekly 9/11/09
Sep. 11, 2009
Tagged with: az, gainey, kierland, paradise, phoenix, scottsdale
Valley-wide, inventory is at a 4.5 month supply; however, inventory movement is still varying widely between the different areas of the Valley. The Southwest Valley is seeing inventory move very quickly and is at 2.5 month supply of inventory, however, Sc
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The Phoenix Real Estate Weekly 9/4/09
Sep. 4, 2009
Tagged with: az, foreclosures, gainey, homes, kierland, phoenix, scottsdale
We are continuing to see the number of foreclosures in our market shrink. It is rumored that the lenders are working diligently to put effective methods in place for quickly and effectively approving short sales within a 7 day period, and to be able to c
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