Spring is in the Air

Well it is the first day of Spring 2009.  Here in Scottsdale Arizona for most of us it has felt like spring for about a month now, at least as far as the weather goes.

With regard to the current conditions of the Real Estate market it depends on who you listen to.  If you like to get your information from the news media types, you would think it was Winter, and that we have been in the longest cold spell in history.  The news would like you to think that everything is bad and nobody is buying Real Estate.  They report all the people loosing their jobs, how the home foreclosure rate is on the rise, and that, as chicken little would say,”The Sky is Falling”.

I am here to tell you the information that they never seem to report,”The Good News”.  Here are some numbers you may not know.  In the Greater Phoenix area MLS , the sales figures for Residential homes, for the period 02/20/2009-03/20/2009,

#of Homes Sold:6,560, and the $’s spent were $1,076,100,414.00, and the average sales price was $164,040.00.

All the above numbers were for just a 30 day period, and only in the local MLS area.  I bet you have not heard those kind of numbers on the local or national news.  If you would like to see some higher numbers, how about the numbers thus far for 2009, in residential sales:

14,045 homes sold, $2,410,762,076.00 spent, and avg sales price of $171,646.00.

So with all the bad news that is out there, if you would like to here some good, relevant news concerning Real Estate, you have found the right place.  Stay tuned there will be a lot more to come in future.

Make it an outstanding day,

Jim S.