Good News Arizona- The State Fair EpisodeWho doesn't love their annual state fair? From Food, Rides and general people watching, free concerts, games, prizes and more!  Its always a "unique" experience to say the least. In Arizona, our State Fair is among the TOP 5 in the country, heavily due in part to our fantastic weather in the Month of October. Our State Fair lures over 1,000,000 visitors for the month! Some cities and states are seeing temperatures at or near freezing, along with rain, sleet and snow and well, in AZ, we have nothing but sunny skies and temps between the 70's and 80's. Sometimes higher, but you get the point. For the FIRST Time since 1945, the event didn't take place this year. Only the second time since WWII. So we felt the void, and created a show to take its pla... 11/02/2020

Its the HALLOWEEN Episode of Good News Arizona - Boo!Its the scary time of year (well, not really), but we all usually have a good time dressing up, go to Halloween Parties and take our little ones Trick or Treating. We, here at Good News, decided to have a Halloween Episode, so its all things about this fun time of year.We have a TOP TEN best costumes worn list, as you all know, we pay weekly respect to the MAN, David Letterman and his endlessly funny and spectacular list of Top Ten Lists. We also share some GOOD News as it relates to Arizona (like we always do). We drop an update on "80's Movie Madness" and the TOP Choice as voted by our Viewers. Plus we go LIVE on Location with one of the Chicago Cubs Coaching staff (they do practice and play in AZ many months out of the year).Come a... 10/31/2020

  As shelter-in-place orders were implemented earlier this year, many questioned what the shutdown would mean to the real estate market. Specifically, there was concern about Scottsdale home values. After years of rising home prices, would 2020 be the year this appreciation trend would come to a screeching halt? Even worse, would home values begin to depreciate? Original forecasts modeled this uncertainty, and they ranged anywhere from home values gaining 3% (Zelman & Associates) to home values depreciating by more than 6% (CoreLogic). However, as the year unfolded, it became clear that there would be little negative impact on the housing market (even the Phoenix housing market). As Mark Fleming, Chief Economist at First American, recently revealed: “The only major industry to display i... 10/10/2020

Here's The Greater Phoenix Area Real Estate Market Snapshot For September 2020!Listen good and listen well: If you haven't listed your home yet, better get a move on it then. The number of homes on the market this past month is steadily rising with 10,290 new listings coming in September 2020, the highest when compared to August 2020 at 10,128 homes and September 2019 at 9,153 properties. Active listings also went up from 7,167 from August 2020 to 7,454 for September 2020, although still way low when you consider the 13,749 homes for sale back in September 2019.With a listing success rate of 87.5%, last month's sales dipped a bit from the 88.0% posted in August 2020, with just 9,105 homes sold versus the prior month's 9,917 closings. But it's still a better figure when you consider that... 10/05/2020

The 2020 Millennial Home Buyer Report shows how this generation is not really any different from previous ones when it comes to homeownership goals: “The majority of millennials not only want to own a home, but 84% of millennials in 2019 considered it a major part of the American Dream.” Unfortunately, the myths surrounding the barriers to homeownership – especially those related to down payments and FICO® scores – might be keeping many buyers out of the arena. The piece also reveals: “Millennials have to navigate a lot of obstacles to be able to own a home. According to our 2020 survey, saving for a down payment is the biggest barrier for 50% of millennials.” Millennial or not, unpacking two of the biggest myths that may be standing in the way of homeownership among all generations is... 10/03/2020

How long to sell Phoenix horse property? September 2020 The answer to the question is that the length of time to sell horse property Phoenix Az varies.  Yet, we can look at some information which can give you a general idea, based on other horse property in the Phoenix area. Information is gathered from the MLS (multiple listing service) on ALL properties that are currently on market, under contract or recently sold that are horse property.  This will include all areas within our MLS boundaries, and again, all property types (mobile home, single family,etc) What is the average time on market for horse property this time?97      days is the current average1085 plus days is the longest time on market What is the average time on market for horse property homes currently under contract?61  ... 09/24/2020

Phoenix Holds 19th Annual 9/11 Memorial CeremonyThe city of Phoenix held its 19th annual 9/11 memorial ceremony at the Phoenix Fire Training Academy. Normally held at Phoenix City Hall, the ceremony was closed to the public but was livestreamed on the city's and police department's Facebook pages aside from PHX TV (Cox 11/CL 8005).City, police and fire officials observed social distancing while wearing masks during the event. The ceremony started at 9 a.m. with a moment of silence and a prayer in remembrance of the 2,977 people who lost their lives on that fateful day in 2001, including 343 firefighters and 60 police officers who stepped up and ultimately gave up their lives to save others.Despite the distance between Arizona and New York City, officials recount how the Grand Canyon sta... 09/15/2020

The 18th Annual Tempe Healing Field Tribute Returns As A Virtual EventJohn Murdock said it best- Diamond Dental is the place to be when you're looking for a dentist! Located in Southern Phoenix, Diamond Dental's practice is passionate about providing its community with the best dental care possible- think affordable dental treatments and services delivered with a caring and compassionate approach! And because they strongly believe that everyone deserves a healthy smile, they'll put one on your face starting when you walk through the door and feel at ease with the comfortable and relaxed environment of their dental office. Diamond Dental combine modern dental techniques and technologies with over fifteen years of experience. Not only that, Dr. Ahmed Collins attend countless hours of cont... 09/15/2020

Let's Take A Look At The Greater Phoenix Area Real Estate Market Snapshot For August 2020!It's that time again when we get to look at how the Greater Phoenix Area Real Estate Market fared in the past month. Right off the gates let us tell you that we're still locked in a period of low inventory; even with 10,128 new listings hitting the market last month, August 2020 chalked up only 7,167 active listings, the lowest when you account for the number of homes for sale back in July 2020 wiith 7,435 and August 2019 at 13,319.Now July 2020 and August 2019 may have stronger numbers when it come to closings at 9,917 and 8,909 respectively. However August 2020 is no pushover with its 8,668 homes sold at an average of 47 days on the market; July 2020 hit its number with a 52 days average while Au... 09/09/2020

As our summer continues in the Phoenix Metro Area, we're seeing astonishingly quick sales! Homes are going under contract on average in 14 days.  Our volume has just outpaced the top of the market for sales in 2005, the peak of the housing market.  You can also see that the number of HUD homes, short sales and foreclosure are at a low point vs. the recession.  2001 reflects similarly with very low. Statistics provided by the Cromford Report, all rights reserved. The statistics continue to show the current housing market as a sellers market.  I've been asked multiple times how the foreclosure market is holding up.   Checking the charts, there were 27 homes that were lender owned for the month of July selling to a 3rd party. (August statistics aren't in yet.)  This in a city of 4.6 millio... 09/03/2020

As with most of the country, the Phoenix real estate market is wild right now. Inventory is down, and demand is high. These two things spell an increase in prices.The question is, how low is inventory and how high is demand?I pulled up some stats yesterday, and the numbers are telling. At the end of August, the city of Phoenix had about 1,800 active real estate listings. When you compare this number to 2019 and 2018, you release that this number is low. In August of 2019, the Phoenix real estate market had ~2,800 active homes for sale. In 2018, Phoenix had ~3,500. All buyers are feeling this lack of inventory.What about demand? Some might think that because of COVID that maybe the demand for real estate is down. Believe it or not, that is not what's happening.For understanding demand in... 09/03/2020

Home Of The Day: 1330 E DESERT WILLOW Dr Phoenix, AZ 85048 John "The Negotiator" Murdock can barely contain his excitement with the opportunity to show you this spectacular luxury property in an exclusive gated community! Casual elegance made sublime by the tasteful combination of traditional & Rural Mediterranean Styles, you're in for a treat indeed with the walkthrough of this 5 Bed 5.5 Bath Ahwatukee Foothills mansion!Get Your Home Sold With The Shanna Day Team Beautify/Ready To Sell Program!  CallOFFICIAL LISTING AGENT, SHANNA DAYfor any questions or more information:480-415-7616   Did you know that Shanna Day is in the Top 0.33 percent of 39,000 realtors of her local MLS and Top 0.38% in Gross Commission Income (GCI) of the 159,000 active Keller Williams agents?  Click here to view... 08/18/2020

How Did The Greater Phoenix Area Real Estate Market Fared In July 2020?The period of low inventory continues for another month. Supply is getting lower and lower with 7,435 active listings for July 2020 whereas June 2020 had 7,642 homes up on the market. Listings spend a day less on the market on average compared to the prior month with July posting 52 days against June's 53 days. And while June expected its inventory at that time to last below a month at 0.80, July's supply would fare less at 0.75 months.Take into consideration the same time last year when July 2019 posted 13,823 active listings, 62 average days spent by a listing on the market and 1.49 months of supply and anyone's curiousity would get piqued with how this would all play out in the coming months.So does this mean no n... 08/05/2020

Phoenix And Buckeye Lead Fastest Growing AZ Cities!After analyzing the 100 biggest metropolitan statistical areas based on current housing affordability, local job market conditions, share of millenials and available inventory amidst the coronavirus pandemic, the National Association of Realtors (NAR) was able to identify the top 10 US markets for millenial homebuyers which includes the Phoenix-Mesa-Scottsdale area in Arizona.Findings made by the Realtors Affordability Distribution Score, the collaborated effort between the NAR and realtor.com, show that 40% of the homes listed for sale at present can be purchased with the average US household income; last year, nationwide affordability was at 34%. For the top 10 areas this year, though, affordability rose beyond the national average th... 07/31/2020

PHX-Mesa-Scottsdale In Top 10 Markets For Millenial Homebuyers During PandemicAfter analyzing the 100 biggest metropolitan statistical areas based on current housing affordability, local job market conditions, share of millenials and available inventory amidst the coronavirus pandemic, the National Association of Realtors (NAR) was able to identify the top 10 US markets for millenial homebuyers which includes the Phoenix-Mesa-Scottsdale area in Arizona.Findings made by the Realtors Affordability Distribution Score, the collaborated effort between the NAR and realtor.com, show that 40% of the homes listed for sale at present can be purchased with the average US household income; last year, nationwide affordability was at 34%. For the top 10 areas this year, though, affordability rose bey... 07/31/2020

Here's The June 2020 Snapshot Of The Greater Phoenix Area Real Estate!Coming in hot this way is a short but sweet look at how the real estate market in the Greater Phoenix Area fared this past month. Even from a glance, the number of active listings is going to grab attention with June 2020 being the lowest at 7,642 compared to the previous month at 10,579 and the same time last year at 15,206. And listings spend more days on the market at 53 days average compared to May 2020's 48 days on average (but nevertheless better than June 2019's 63 days).Then we come across June 2020's new inventory at 8,323 new listings. Although it's the lowest when you consider the figures for May 2020 at 8,331 listings and June 2019 at 9,163, it becomes a "Wait, what?" moment when you go back and take anoth... 07/14/2020

This 3 Bed 3 Bath Cox Manor Home w/ Pool Went PENDING In Just 2 Days!We knew someone was going to fall in love with this beautiful Phoenix, AZ property. And lo and behold, this listing is now PENDING- and that's just two days after this 3 Bed 3 Bath Cox Manor Home hit the market!Why don't we take a quick look at what made this home irresistible, shall we? Brand new roof installed just this January, Pergo laminate flooring, new interior and exterior paint- we've only just begun our tour in the formal living and dining rooms of this home and we've already spotted a number of remarkable features and updates going for it.New custom cabinets run the length of the kitchen of this single family home in the Madison School District.While a gas fireplace round up the extent of the tile flooring r... 07/14/2020

www.DesertRidgeRealEstate.com  The Horton Team- Desert Ridge Real Estate ExpertsWe are proud to announce that we have SOLD our client's home in Desert Ridge.  While we can't disclose how much we sold it for until it closes, we can say that we are setting a new comparable for Desert Ridge Real Estate.  That means if you are a homeowner in Desert Ridge or even surrounding areas, congratulations because your home value just went up too! If you are looking to sell your Desert Ridge Home or Condo, please call us 1st!  We have the experience but also the tech savvy experience to get your property exposed to so many buyers that other agents just can't do!   Please call/text/email me for your FREE HOME EVALUATION or visit www.DesertRidgeHouseValues.com 4538 Swilling Rd. Phoenix, AZ 85050IF you ... 07/13/2020

Not only does July bring days with hot temperatures the heat was also turned up with this month's July challenge.  The task we where given was to reach out to someone via phone on the site that you didn't know and introduce yourself.  At first glance this was right up my alley because I love networking and meeting new people.  If you're scared to meet and interact with new people your days in the real estate world are going to be doomed. With me only being a member here on Active Rain for a month now the hardest decision was figuring out who I was going to call and introduce myself to.  One of the active rain members name who replied to a couple of my posts stood out.  In fact, it stood out like the yellow peel on a banana in front of a black back drop.  The light bulb went off in my he... 07/10/2020

The Phoenix Housing Market includes extremely low inventory, rising prices and quick sales.  Phoenix has been known for its dynamic, affordable housing market, with  extreme highs and lows.  Currently, the Phoenix Housing Market for June, 2020, is a steadily rising market, but we've recently experienced some solid sales gains in different parts of  "the valley." Check out this chart for Active Listings as of 7/5/2020.  Current inventory for Maricopa County only is down year over year by 42%!  That's almost an unbelievable drop in inventory.  It's clearly down year over year, but also down every year during the last 4 years.    Charts for this report were provided by subscription to the Cromford Report.  Please don't plagiarize!  During this COVID-19 pandemic, one would expect major defa... 07/06/2020