Friday, August 5, 2011

Housing Report for Saddlebrooke July 2011

http://www.longrealtyonline.com/HousingReportSelect.asp?Agent=2011346&Area=SAB&SubArea=

Click on the link above to go to the Housing Report for SaddleBrooke For July 2011

As of June 2011 active inventory was 157, an 8% decrease from June 2010.  There were 17 closings in June 2011, unchanged from June 2010.  Months of Inventory was 9.2, down from 10.1 in June 2010.  Median Price of sold homes was $320,000 for the month of June 2011, down 2% from June 2010.  SaddleBrooke had 18 new properties under contract in June 2011, up 13% from June 2010.

For more information Contact Dan Sieverding at 520-909-9408 or email dansieverding@wbhsi.net.

Friday, June 10, 2011

Saddlebrooke June 2011 Housing Report

http://www.longrealtyonline.com/HousingReportSelect.asp?Agent=2011346&Area=SAB&SubArea=

As of May 2011 active inventory was 193, a 7% increase from May 2010. There were 19 closings in May 2011, 90% above May 2010. Months of Inventory was 10.2, down from 18.0 in May 2010. Median price of sold homes was $310,000 for the month of May 2011, down 9% from May 2010. SaddleBrooke had 11 new properties under contract in May 2011, down 8% from May 2010.

Click on the link above to view the entire Housing Report.

Tuesday, October 12, 2010

October Housing Reports For Southern Arizona

azhousingstats.longrealtyblogs.com

If you are looking to find out what is happening in housing in Southern Arizona, download these easy-to-follow reports. Each report shows trends for active listing inventory, closed sales and months of inventory. In addition, view a breakdown of inventory, closed sales and months of inventory by price band, plus a year-over-year summary analysis.

For more information contact Dan Sieverding 520-909-9408 email dansieverding@wbhsi.net.

Wednesday, September 15, 2010

Long Realty's September Housing Report for Saddlebrooke, AZ

Click on this link to view Saddlebrooke's September 2010 Housing Report.

http://azhousingstats.longrealtyblogs.com/wp-content/uploads/Saddlebrooke%20-%20September%202010.pdf

For more information please contact Dan Sieverding 520-909-9408 or email:
dansieverding@wbhsi.net

Thursday, August 26, 2010

Keeping Current Matter--Re-Post

Everybody Calm Down. Armageddon Is NOT Upon Us!
by Steve Harney on August 26, 2010 · 9 comments

in For Buyers,For Sellers,Pricing



335
ShareThe new housing numbers have definitely been a major news story over the last 48 hours. The Dow dropped over 100 points on the announcement of July’s existing sales numbers. The cries of a double-dip sound like the screams of Chicken Little: ‘The sky is falling! The sky is falling!’ Pundits are claiming real estate will never be looked at the same again. We asked Steve Harney to comment on what the report actual means to the housing recovery. As always, he was more than willing to share his insights. – The KCM Crew

I want to start by saying that Armageddon is not upon us. Was NAR’s Existing Home Sales Report tough to read? Yes. Were there any surprises in the report? Just one: the fact that prices have remained stable. And that was good news.

All the panic and gut-wrenching revolves around two numbers:

The lack of sales in July
The months’ supply of inventory now available
Neither number was a surprise to anyone truly following the real estate market. Right here in this blog, the KCM Crew has been claiming for the last nine months that sales in 2010 will be approximately what they were in 2009. The tax credit moved many purchases forward as buyers wanted to be in contract before the April 30 deadline. That push forward of demand created a false sense of hope that a major market comeback was taking place in the spring. It also created this current vacuum of demand during the summer.

Just as we should have realized that the great market of the spring could not be sustained, we must now realize that plummeting sales numbers will not continue. It may take one or two months for the impact of the tax credit to fully dissipate. After that, we will see a more normal buyer demand throughout the fall and winter. We must not forget that people decide to move every day. Prices are great, interest rates are at historic lows and the assortment of properties for sale is fabulous. Buyers will buy!!

In regard to the months’ supply of homes for sale, we must remember one basic principle: prices will come down if demand is constant and inventory increases. Houses will sell over the next twelve months, approximately 5 million of them. There may be more than double that amount trying to sell however. Which ones will sell? Those that are priced correctly for the current market. Your price must be compelling in order to make your home attractive to today’s buyers who have a tremendous selection of homes from which to choose.

As the year moves forward, it is my belief that months’ inventory will remain in double digit numbers. That means that prices will continue to soften.

What does this mean to you?
You definitely will be able to sell your home and move on with your life. If that’s the goal, you will do better financially if you do it sooner rather than later.

335
Share

Thursday, August 5, 2010

All-New Episode of “Housing Matters” Featuring Rosey Koberlein

www.youtube.com/watch?v=Zc81ZIz4lxk


This month’s episode of "Housing Matters" features Rosey Koberlein, CEO of Long Companies, talking about the current state of the housing market in Arizona, and what factors will impact it for the balance of 2010.

Friday, July 9, 2010

Housing Report for Southern Arizona

http://azhousingstats.longrealtyblogs.com/?p=434