Sunday, May 10, 2009

Sunday Stats, May 10, 2009

Sorry this is late. Weird, Sunday Stats on a Thursday. That's what happens when the buyers start crawling out of the woodwork, drawn by unbelievable low mortgage rates, an $8,000 tax credit for firs timers and incredibly good home prices. Your blogging Realtors don't blog as much because we're busier than we've been since the boom era of Summer 2005.

Here’s this week’s chart, showing continued strong improvement in the outlying suburbs (85379, 85382) and the older communities on the north end of Phoenix (85027, 85024). The older sections of Glendale are a hotbed of buyer activity too (85306, 86308).

The Desert Ridge area is heating up too and buyers should be aware they might not have the strong upper hand in negotiations that they might be expecting when house shopping here.

5-10-2009 6-47-32 PM (click chart to enlarge; use browser’s back button to return)

Click here for past entries of the Sunday Stats

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