- Phoenix and the East Valley Real Estate News

Real Estate Agent - Stone Path Real Estate
  Market Data from November 2008 for Maricopa, Arizona indicate some troubling signs.  Banks have continued to unload properties in masses onto the market.  Most of 2008 Active Foreclosure listings varied between 130 and 190 at any given time.  The numbers dipped in late August and Activity halte...
Over the past few weeks Maricopa has seen a wave of new foreclosure listings.  In mid October there where approximately 170 active Bank Owned Properties and now today we have 308 active listings.  Sales volume has been strong since March 2008 and was at record levels in September 2008 (174 Sales)...
Maricopa is a town with a brief but wild real estate history.  According to 2000 US Census data the population was a little over 1000.  Today a conservative population estimate is 37,000.  The area included farms, dairy's, and feed lots as well as the train station.  Most Arizonan's rarely ever c...
The investment strategies used in Arizona have changed dramatically over the past several years.  The days of buying properties with the expectation of huge gains in a short period of time are over.  Today's investors are back to the basics.  These include "Flip" investors as well as "Hold" inves...
The Maricopa real estate market continues to work through a difficult year.  Prices have dropped by approximately 30% over the past year.  Fortunately the market supply has also dropped dramatically.  January 2008 the estimated supply for Maricopa was 20.9 months.  Estimated supply dropped to 11....
Maricopa saw a record 150 sales in May 2008.  Foreclosures continue to dominate the market attributing to 60% of Maricopa sales in May.  New home sales picked up slightly but are well below their 2007 levels.  The resale market remains extremely slow accounting for only 10% sales.  Despite all th...
The Maricopa real estate market for the second consecutive month was dominated by foreclosure sales.  Short Sales have also gained in strength making up 10% of the MLS sales in Maricopa for February 2008.  New Home Builders dominated MLS sales in 2007 which liquidated much of the standing invento...

John Guthrie

local_phone(602) 753-8033
smartphone(602) 810-3700
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Real Estate News and Information focusing on South Phoenix and the South East Valley. South Mountain, Ahwatukee, Tempe, Chandler, Gilbert, Mesa, Queen Creek, San Tan Valley, Maricopa, and Casa Grande.