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Tired of doing short sales?

Doing short sales can be quite cumbersome and overwhelming at times. The worst part is when you deal with the $8/hr phone taker, and instead of doing his job, he just makes your miserable. We have been doing short sales for quite some time now, and we will definitely take proper care of your client. Please email me at steve@occasiorealty.com or call me at 480.266.9960 to privately discuss a referral system for you.

This Site is an Authority

Many, many hours of blood, sweat, and tears has paid off. According to www.Alexa.com, this site is in the top 3.764%. Likewise, www.Hubspot.com has determined that my site gets a website score of 91/100. So there you go! Straight out of the authorities’ mouths.

There is humor in real estate after all

Dilbert.com

Real Estate Market Analysis for October 2009

In the last two months, the market has remained steady.  We have had actives rise slowly from 26,000 to 28,000 homes in Phoenix metro.  Similarly, pendings are hovering around 10,600 to 10,800.  We also had 7137 homes sold in October compared to 7040 homes sold in August and 6861 in September.  Overall, in Phoenix, we have gone from 5.24 months of inventory to 5.42 months of inventory.

October 2009 Real Estate Supply

October 2009 Real Estate Supply

There were two very strong source of buyers.  First time home buyers trying to get the tax credit were still very active.  Investors trying to take advantage of the market have also bought up many homes.  We see that in October 32.66% of the homes were bought in cash.  The rumors is that on top of the Canadian money coming in, there’s a lot of Chinese and Japanese money pumping into our market.  No doubt with the winter season upon us, there will be even more Canadian buyers.

October 2009 Numbers

October 2009 Numbers

Most of the cities have remained pretty consistent during this time period.  Only Tempe and Scottsdale have seen noticeable changes.  Tempe has gone from 6.1 to 7.2 months of inventory while Scottsdale has gone from 10.3 months to 9.4.  We have noticed that there was a small drop in activity in the first week of November with the tax credit expected to expire at the end of the month.  Now that the credit has been extended again, activity has also picked up again.  Other great news for the real estate market is that the tax credit now is offered to homeowners that have been in their homes for more than 5 years.  It will be interesting to see who qualifies for this program.

Active Pending Sold Inventory
Tempe 797 179 136 7.18
Chandler 1292 570 395 4.71
Gilbert 1315 642 407 4.81
Scottsdale 4475 792 561 9.39
Mesa 2690 1050 744 5.03
Ahwatukee 536 148 115 5.95
Paradise Valley 497 29 26 20.23
Phoenix 7185 3105 2159 4.77
Maricopa County 28057 10656 7137 5.42

Real Estate Market Analysis for October 2009

Another Successful Short Sale in Laveen

Last week was another great success story.  My clients at 5430 W. St. Kateri in Laveen, 85339, were able to unload their home.  Having bought in the peak for over $334,000, we were able to help my clients short sale their home for $168,000.  This home had two loans, and usually with two loans, the short sale can be even more challenging.  However, we were able to have the first and the second play nicely and release the liens.

Successful Short Sale

Successful Short Sale

If you or anybody you know are in desparate need for short sale help, I hope that you would let me help.  Our short sale services are 100% free to you since the bank pays all our fees.

Glendale Short Sale Fixer-Upper!

Fixer upper for you! This home has great bones. Just need to update kitchen, carpets, and add a fresh coat of paint. The diving pool needs to be redone, but all the hard part is already done. Great layout. This home sits on a large corner lot! Bring on the investors that want sweat equity!

Glendale Short Sale

Glendale Short Sale

Youngtown Short Sale completely remodeled!

Completely remodeled home from the studs out! Has more than 1 bathroom, setting this home apart from the rest of Youngtown. This home has a 3 car garage, RV gate, excellent curb appeal, giant AC, and much, much more! What else are you looking for at less than $40k?!?!

Youngtown Short Sale

Youngtown Short Sale