James Wehner's (jwehner) Blog

Where is our marketing heading? How will the market hold up in the coming winter months? One of the hot topics amongst fellow REALTORS is how our market is adjusting to the expiration of the home-buyer tax credits. Many analysts think that the timing of the expiration of the tax credit was schedu...

Keeping an eye on pending sales in the ARMLS market place, there are signs that there is improved buyer activity. Pending sales for the Phoenix metro area in the last 7 days is 1130. Compare that to the average of the last 4 months of 2007 at 3407 sales per month, (statistics from ARMLS).

Tuesday at the county court house steps, many investors where out to snatch up deals. One property in particular I was tracking was in Gainey Ranch, an exquisite neigborhood in the central portion of Scottsdale. This property was valued at $980K - $1M. It was previously listed as a short sale for...