The Realist (nice to see some honesty from the realtor profession - I'd hire this guy if I wanted to use one)
Currently there are 43,345 residential homes for sale in the Phoenix area in the Multiple Listing Service. This is an all-time high record for the Phoenix area. 3,347 or 8% of them have been on the market for more than 180 days. 9,655 or 23% of them have been on the market for 90 days but less than 180 days. That means that 13,002 or 31% of the homes for sale have been on the market for at least 90 days and have not sold. (Thank you Mr. Shaw for the accurate data and honesty. You are a gem in a pile of dung)
The Snake (tells his clients this stuff in a desperate attempt to find the last sucker in. Talks out of both sides of his mouth. If you'd like to send him a note or heck, buy a house from this guy (snicker snicker), do so here)
Phoenix is attracting the largest amount of new residents in the US: 30,000 "new neighbors" in just one year! Climate and job opportunities are two of the biggest lures to Phoenix and why more and more people are willing to move their homes to "The Valley of the Sun".
The media's hype that the real-estate market's bubble has burst is simply NOT TRUE. (NAR talking point used nicely)
Don't be fooled! What we are experiencing right now is a NORMAL Buyer's market. Housing prices have started to slow down which is helping keep housing affordable to everyone. (Huh - you said there's no bubble?)
IMPORTANT!!!! If you are looking to buy, NOW is the time to do so since there are many homes that have been on the market for several months. (Why would I buy if the value will drop even more? Huh?)
Open houses are "popping" up everywhere, and Seller's are anxious to sell their homes quickly since they are used to last year's market. (Dude, bubble, or no bubble - keep your lies straight)
If you are looking for a house don't wait until the bidding wars start again, buy now when the market is in your favor! (You'll never see bidding wars again in your lifetime sport. And learn from the honest guy above - that's how you earn business and stay in business. For you? Start looking for new work, you're a deceptive snake.)
June 17, 2006
Do they live in the same city? Here's the housing market conditions report from Phoenix from "The Realist" and "The Snake"
Posted by blogger at 6/17/2006