Below You’ll Find Our Latest Blog Posts, Some News and Information, Pehaps a Regrip and an Occasional Shank…or Two…
Is The Housing Market Easing a Bit?
January 27, 2012 By Bill Cole Leave a Comment
The housing market appears to have eased a bit in December After 3 consecutive months of growth. According to the National Association of REALTORS®, December's Pending Home Sales Index slipped 4 percent from the month prior. The index measures the number of homes under contract to sell nationwide, but not yet sold. Despite falling below its … Read more...]
Is the Phoenix housing market poised for recovery?
August 3, 2011 By Bill Cole Leave a Comment
After the last couple of weeks of uncertainty we have all been through I was cheered when I read this latest article from Catherine Reagor of the Arizona Republic, and wanted to share this ray of sunshine with you. Foreclosures continue to drop in metro Phoenix, a trend signaling the housing market is slowly getting in position for a recovery, … Read more...]
Phoenix is a Winner for Investment in Rental Property
July 20, 2011 By Bill Cole Leave a Comment
Many Investors are looking for the best places to purchase rental properties. Analysts note that the cities that look like better candidates for rental property are Arizona, Georgia, and North Dakota. Let's look at a great article on this subject published by Money Morning. Read on... The weak U.S. housing market and high inflation, … Read more...]
The Real Estate Buy and Hold is Back in Arizona
July 13, 2011 By Bill Cole Leave a Comment
The buy-and-hold strategy has been very profitable for many savvy investors. It really is important for an individual to recognize that this is actually a relatively long-term strategy for turning a profit on real estate when compared to some other techniques. Basically, the buy-and-hold technique boils down to purchasing a property at the … Read more...]
New Homes in Scottsdale’s premier golf community offer signs of revival.
June 28, 2011 By Diane Leave a Comment
Construction has resumed on a small collection of villas at Silverleaf at DC Ranch after the development stalled more than two years ago. The Sterling Collection Development Group is reviving a project designed and developed by in-demand Scottsdale architect Bing Hu from 2006-08. Seven villas were completed before the economy and the project … Read more...]
Foreclosure Inventory is shrinking in Arizona
June 24, 2011 By Bill Cole Leave a Comment
Arizona is one of the first States to see a significant reduction in shadow inventory. This past year we have seen a flood of Investors swoop in and buy up, and continue to buy Foreclosure properties and Short Sales properties. The supply is decreasing while the demand remains high. This condition is evidenced by the shortened time on the … Read more...]
Phoenix June Market Summary – Demand Rising & Supply Falling – Yet Pessimism Persists
June 13, 2011 By Bill Cole Leave a Comment
Market Summary for the Greater Phoenix Residential Resale Market / Cromford Report It feels almost like the inverse of 2005. In the second half of 2005, supply rose dramatically but no-one seemed to take any notice. There was a widely believed myth that prices could never go down. Between March 31, 2005 and June 30, 2006, active … Read more...]
If you don’t invest now….you will kick yourself later
June 8, 2011 By Bill Cole Leave a Comment
The Phoenix market has been flooded with Foreclosures and Short Sales bringing in droves of Real Estate Investors. The majority of Investors purchasing homes will turn them into rental properties. The rental market has never produced more people looking to lease, primarily because they have lost their homes to the short sale or … Read more...]
Canadians jump in at the low prices of homes in Arizona
June 3, 2011 By Bill Cole
Foreclosure homes are selling fast in the Valley as investors jump at the low prices….”The Arizona Republic” Metro Phoenix has a “shadow inventory” of nearly 100,000 homes, the kind that market watchers sometimes fear could flood the region’s long-suffering housing market and drive down prices. These homes are either in … Read more...]
Investors buying rental homes are cleaning up in Phoenix
May 19, 2011 By Bill Cole Leave a Comment
The housing market is a mess, and people are still losing their homes all across the valley. The only winners right now? The investors who are snapping up foreclosures and turning them into rentals. Renters are snatching up the homes at a record pace. Across the valley, the rental market is the hottest housing trend. Investors have been … Read more...]
Who wants to own a slice of paradise in Scottsdale, AZ?
May 15, 2011 By Bill Cole Leave a Comment
Did you think you would never be in a position to own a home is an exquisite golf community in sun drenched Scottsdale, AZ? If you’re a part time Arizona resident, looking for a great vacation home, or seeking a smaller place to retire, how about taking a look at the greatly reduced prices of condos and villas and town homes available for … Read more...]
6 Benefits of Real Estate for Cash Flow in Retirement
May 9, 2011 By Bill Cole Leave a Comment
If you are taking a long view at your retirement or even a short view you may want to consider adding rental property to your retirement portfolio. Now more than ever cash flow properties can be scooped up at rock bottom prices here in metro Phoenix. The inventory of distressed homes is priced to sell and create an appealing buying opportunity … Read more...]