RealEstateing with Kevin Gonzales

09/29/2015

Welcome to Fall!

Here is a quick "To Do List" for all of you:

-Since so many homes are coming back on the market, in addition to new listings, there is more inventory now than in the past several months. Inventory is your product, know it!

-Time to get back to doing Open Houses. They have been quite active lately, even during the Summer Months. As the weather cools, traffic will be better...but will be even more so as winter visitors return to the Valley.

-Time to review pricing with your Sellers. Do a fresh CMA on all your listings and have a conversation with your clients. Reference the increase in inventory, the relative slow appreciation in most areas and Mike Orr's excellent Cromford Report, where he has indicated that the market is swinging in favor of Buyers. You can't be overpriced coming into this season.

-Time to touch base with all past clients as their focus shifts from summer to winter and may begin revisiting a real estate purchase in AZ

Have a great Fall!

09/22/2015

Well, now that Summer is officially over (in just a few hours), I thought I would start Fall 2015 off by resurrecting my woefully neglected FB page! And, since it is National Safety Month I wanted to share this with all my colleagues. Be safe out there...http://www.realtor.org/topics/realtor-safety/56-safety-tips-for-realtors

Share knowledge, awareness, and empowerment with your members year-round.

11/17/2011

http://www.kpho.com/story/16057379/positive-signs-for-valley-housing-market

The Valley housing market is showing signs of improving, according to numbers from Realtor.com.The median list price for a home in the Phoenix-Mesa area in October was $157,675.

10/05/2011

http://www.azcentral.com/business/realestate/articles/2011/10/05/20111005biz-catherine1005-housing-things-looking-up.html

Recent data on housing show things looking up, ''One month doesn't make a trend'' is a favorite comment among economists and housing analysts. Let's hope that theory applies to August housing numbers for metro Phoenix.

07/08/2011

Phoenix area housing market gaining ground, new data show, Frenzied activity in June proved speculation about a third dip in metro Phoenix home prices untrue. {bnl} Home values | Foreclosure rules eased for jobless

07/05/2011

June 2011 in Maricopa County, the number of homes sold (11,147) was actually higher than the number of new listings to hit the market (10,407)! The current Month’s Supply of Inventory for Maricopa County is 2.73.
If this market trend continues, your buyers will have trouble finding good homes and prices will have to begin moving upward as competition for available inventory becomes very fierce. Bottom line, if they find a home they like today, they better buy it.

06/10/2011

Are your clients thinking about taking their house off the market for the summer? In all of Maricopa Cty there are only 18,459 ACTIVE Single-Family homes on the market. Now is the time to have listings! Make your listings look "fresh" by changing the Primary Photo and rewriting the text. Also, any price change will make your listings show up again in client's portals keeping your properties "on the radar"!

05/25/2011

Sarah Palin has bought a roughly 8,000-square-foot home in North Scottsdale, Ariz. for $1.695 million, according to sources familiar with the deal.

04/14/2011

The number of homes SOLD in the Valley topped the 10,000 mark for March. Inventory continues to fall...

04/02/2011

In short: Supply is down. Demand is up. Prices are stable (and actually rising in some zip codes). It is time to buy.

Scottsdale-area housing market may be flattening out, It's still buyer's market, but there are fewer foreclosures and shrinking inventory of homes. {bnl} Recent home sales | More Valley real estate

03/22/2011

But not in Phoenix. February Existing-home sales rose 10.1% compared to January 2011.

Page 2 of 2 on Existing-home sales drop 96% in February, pointing to a choppy, uneven recovery in the US housing market.

03/09/2011

From this morning's AZ Republic. After reading in their paper the last few weeks that median home prices were heading below $100K, this is a nice turnaround! Median prices for March are projected to INCREASE to $114K (Up from $110K). Note that "Sales Volumes are up year over year", "New (and pending) foreclosure notices are declining", and "Higher prices are being paid by investors for homes at auction".

Analyst expects Valley home prices to rise in March, The median sales price of a house in metro Phoenix is expected to reach $114,000 this month, according to the Pending Price Index from the Arizona Regional Multiple Listing Service. The area's median has been hovering around $110,000 for the past