Well not much has changed! Phoenix real estate listing inventory went up slightly and sales dropped slightly. We are now sitting at a 5.3 months of supply Valley Wide. Please notice that the September numbers are posted. Remember that is the Maricopa County sales for re-sale and new construction. It won’t reflect in the graph. The graph represents all MLS numbers which could include Pinal and Yavapai counties.

The Phoenix real estate market remains very hot for homes under $400,000

Currently the market breaks out at 47% REO sales, 20% Short Sales, and 32% Normal Sales for the last 30 days. Still 94% of the sales are under $400,000.

Below is the breakdown of Months of Supply by area. If you appreciate this information please send us an escrow! I promise we will do a good job!

Scottsdale 9.5, Ahwatukee 4.7, Apache Junction 5.5, Camelback Corridor 8.5, Cave Creek 10.3, East Valley 4.2, Fountain Hills 9.8, Goodyear Litchfield, Avondale 3.1, Northwest 4.5, Peoria and Glendale 3.0, Paradise Valley 18.8.

Phoenix real estate

Would you like to buy Phoenix real estate 10% to 20% below market value? Call our office at (602) 291-4362 or fill out your information below.                                             (your information will NEVER be distributed to another party)

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I want to wait until the Phoenix Real Estate market hits “bottom” before I buy!

Well, guess what, it appears to have hit the bottom several months ago and you may have missed your chance!

Why won’t the Phoenix Area media give you these housing facts? I guess the more doom and gloom the better it is for the media, but not for Phoenix Real Estate.

The more confidence the consumer has in the housing market the faster our economy recovers. And yet, you never see these numbers.

Through August, the 2009 Phoenix Real Estate market has closed 61,125 homes compared to 46,156 homes in 2008 and 66,094 homes in 2007.

There are currently 37,688 homes available in the Phoenix Real Estate Market, with 12,365 homes under contract and 7858 closed in September.  These figures represent 3.04 months worth of sales.

A normal Phoenix Real Estate Market consists of 3 to 5 months of available inventory.

If you are searching for a Phoenix area home under $250,000 you are in for a quite a shock.  There are multiple offers, many for more than the list price depending on the condition and location of a home.

Prices are going up in many areas.  But, you must be careful to know what areas are rising and which are still sinking.  Phoenix Real Estate is very much about location, location and location.  So, make sure before you write an offer you are working with a Realtor who can do the proper research on pricing, condition and location.

This is where my expertise in the mortgage business is critical! I have seen thousands of appraisals and have a thorough knowledge of appraisal principles, guidelines AND the tools to perform detailed price research. So, don’t overpay, take advantage of my expertise!  Call me today at (602) 291-4362

Visit my site where I have hourly updates of homes along with photos and maps. To search for Phoenix Homes, visit my site:

Would you like to buy homes 10% to 20% below market value? Call our office at (602) 291-4362 or fill out your information below. (your information will NEVER be distributed to another party)

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Are looking to buy Phoenix Area Real Estate? Why not do it with only $100 Down? Would you like to know what price the seller will accept?

Then, Read The Free Book!!

Learn how to profit from buying Government Foreclosures with only $100 Down….Absolutely FREE!

How do you get it?     Visit my website HERE;

To apply for a $100 Down loan , visit my site

Call our office at (602) 291-4362 to see how our SmartBuyer™ System can save you at least $50,000 when buying and financing a home.

Order the book HERE

That’s right, how would you like to own Phoenix Real Estate with INSTANT equity?  Buying Phoenix Real Estate at wholesale prices is much easier than you think.

Most importantly, you must know where to look.  And, you MUST be working with a Phoenix Area Realtor who has the access and expertise to help guide you through the process.

NOTE: You must be paying cash OR have a pre-approved (underwritten) loan in order to purchase these properties at below market prices.

Here’s an example;

Appraised Value:           $159,000

Wholesale Price:            $129,900

Square footage:              2392

Bedrooms:                     4

Bathrooms:                    2.5

Garage:                          3 car

Would you like to buy homes 10% to 20% below market value? Call our office at (602) 291-4362 or fill out your information below.

(your information will NEVER be distributed to another party)

cforms contact form by delicious:days

Call my office at (602) 291-4362 or e-mail me at: bob@bobmangold.com

That’s right, how would you like to own Phoenix Real Estate with INSTANT equity?  Buying Phoenix Real Estate at wholesale prices is much easier than you think.

Most importantly, you must know where to look.  And, you MUST be working with a Phoenix Area Realtor who has the access and expertise to help guide you through the process.

You must be paying cash OR have a pre-approved (underwritten) loan in order to purchase these properties at below market prices.

Here’s an example;

Appraised Value:           $159,000

Wholesale Price:            $129,900

Square footage:              2392

Bedrooms:                     4

Bathrooms:                    2.5

Garage:                          3 car

2008 Taxes:                 $1,616

Phoenix Real Estate - Wholesale