Metro Phoenix Scottsdale Real Estate Market Update March 1, 2010 Jeff Cameron Realtor

Posted on March 7th, 2010 by admin

Here is my market update for March. I hope you find this informative: see video.

It’s the first of March, so today we will review the market sales and information for February. First, we came into March with 27,000 single family home available for sale. If you compare this to last year when 40,000 homes were on the market in the metro Phoenix area you would see inventor is down 32.5%.

Next are the home sales. We closed 5,504 homes in metro Phoenix this February, that is 14% higher than last year. Remember last year was the second best year ever for home sales. Last month 7,407 homes sold and went into a Pending status.

Foreclosure homes constituted 2,100 of the sales last month and inventor of foreclosures is flat. Short Sales continue to sell with great velocity, there were 1,359 Short Sale closings in February for the metro Phoenix real estate market. That is 4 times the amount of the same time last year.

Retail home sales continue to improve as more sellers bring their price to the market value and attract buyers. This segment made up 36% of the closings for February. Over 56% of the homes available for sale are retail sales.

Affordability has returned to the metro Phoenix real estate market. I put together the following chart to show how affordable homes are today. But a quick review of what I am trying to convey. For a home valued at $100,000 it takes one income earner of approximately $27k to qualify or 2 at $13.5k per year. With 2,000 work hours in a year 2 persons making $6.75 each per hour would qualify for a $100,000 home. For a $300,000 home it would take two people averaging $20 per hour to qualify. Of course, as interest rates go up, so will the required income. Today, you can buy a real nice home for $300,000. As a matter of fact, we are listing a really nice home in Surprise today. It is about 2,000 square feet, single level, 3 beds plus a den, Granite counters, Stainless appliances, NICE home, oh and it backs the neighborhood park. Guess how much? $125,000!!! YES, this is crazy! This is a fantastic deal, but their are great opportunities all over. You just need to make a wise informed decision. Go to my blog to see chart:

http://www.arizonabankdeals.com/metro-phoenixscottsdale-real-estate-market-update-march-2010-realtor-jeff-cameron/
I hope you saw my video of the 3 dates and 3 reasons to buy today.
1. April the Fed stops buying mortgage backed securities, rates will go up. Experts are saying rates will go up 1 – 1.5%!
2. April, FHA raises their mortgage insurance premium .5%. This is a direct cost to the buyer.
3. End of April, you must be under contract by the end of April to qualify for the buyer tax credits.
watch the video:Created on March 4, 2010 using FlipShare.

Duration : 0:6:51

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Boston Massachusetts (MA) Real Estate Tour

Posted on March 7th, 2010 by admin

http://www.bostonmarealestate.com — Tour Boston, MA neighborhoods, condominium developments, subdivisions, schools, landmarks, recreational areas, and town offices.

Boston, Massachusetts is an historic city of contrasts. Ancient red-brick sidewalks twist past handsome Federalist houses on the way to soaring glass towers housing state-of-the-art technology. The sports teams are the best loved and the most hated at one and the same time. Residents are fiercely protective of their neighborhoods and fiercely critical of the MBTA, the government and the weather.

In the harbors of Boston lie both the majestic U.S.S. Constitution, still commissioned to fight America’s battles, and scores of sleek white fiberglass pleasure boats. There are tiny restaurants tucked into rosy brick town houses on Beacon Hill and huge restaurants on the dizzying tops of skyscrapers in the downtown. Food ranges from the most radical of nouvelle chic to down-home Cajun.

Boston is a diverse modern city of neighborhoods (Allston, Back Bay, Beacon Hill, Brighton, Charlestown, Chinatown, Dorchester, Downtown, East Boston, Fenway/Kenmore, Hyde Park, Jamaica Plain, Mattapan, Mission Hill, North End, Roslindale, Roxbury, South Boston, South End, West Roxbury) from which it shows its diversity of populations, of languages, of foods and philosophies. Immigrants from every corner of the globe have been welcomed by the city and re-shaped into Americans whose memories and customs enrich the community.

Boston is a city where politics is everyone’s hobby but sports are taken very seriously; where you can hear six different languages in Filene’s Basement in one morning; where the world’s largest record store and the stately dome of the Mother Church of Christian Science are in the same neighborhood, and where gilded stone lions and a towering 60-story wedge of glass comfortably rub shoulders. For other town tours visit http://www.virtualhomes.com . For towns in MA visit http://www.ma-virtualhomes.com . For MA relocation information go to http://www.relocationma.com . For a MA MLS map search visit http://www.virtualhomesmls.com .

Duration : 0:5:32

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Wellesley Massachusetts (MA) Real Estate Tour

Posted on March 7th, 2010 by admin

http://www.wellesleymahomes.com — Tour Wellesley, MA neighborhoods, condominium developments, subdivisions, schools, landmarks, recreational areas, and town offices.

Wellesley, Massachusetts is a predominantly residential town in the Greater Boston area. Its location and visual characteristics make it a highly desirable suburb for people who work in Boston. Although primarily a bedroom community, Wellesley features several attractive office parks located near its eastern border.

Wellesley is also the proud home of Wellesley College and Babson College, two private educational institutions, as well as Massachusetts Bay Community College. The town derives approximately 85% of its tax revenue from a residential tax base with 15% derived from non-residential uses. Wellesley has long been a leader in environmental causes, and the town’s physical beauty is ample evidence of its preservationist philosophy. For other town tours visit http://www.virtualhomes.com . For towns in MA visit http://www.ma-virtualhomes.com . For MA relocation information go to http://www.relocationma.com . For a MA MLS map search visit http://www.virtualhomesmls.com .

Duration : 0:2:6

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Amazing Satellite to Earth Fly In to Cash Stop in OC

Posted on March 7th, 2010 by admin

Zoom Earth Sample. Using Google Earth to do a fly in view of the Orange County, California area. Orange County is home to Disneyland and has great scenery and real estate. Nearby are the cities of Irvine, Newport Beach, Costa Mesa, Fountain Valley, Westminster, Garden Grove and many others

Duration : 0:1:2

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real estate for sale at Scarborough beach perth wa

Posted on March 7th, 2010 by admin

this beatiful property is for sale on the beach at scarborough western australia, if you would like to see more please go to www.24hourhomeopen.com

Duration : 0:4:6

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Costa Rica – Near San Ramon is Rancho Silencio

Posted on March 7th, 2010 by admin

In Costa Rica near San Ramon is Rancho Silencio, which consists of 5 B I G lots of at least 1½ acres each, and each has privacy and seclusion from the other 4 lots.

Rancho Silencio is 15 min. from San Ramon where there are all the amenities. San Ramon is a small city and very friendly and safe, in the Central Valley area of Costa Rica where many Americans and Europeans have settled.

http://www.ranchosilencio.com/
[Note: Map location is only approximate]

Duration : 0:0:18

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CENTURY 21 Mulvey Real Estate “The Path For the Seller”

Posted on March 4th, 2010 by admin

Welcome to your interactive journey through the helpful and knowledgeable world of Century 21 Real Estate. Its a place where experience and expertise intersect with your real estate goals and dreams. Experience the Gold Standard along every step of your personal path home. Whether your a first time buyer or a seasoned veteran, its comforting to know that CENTURY 21 has been helping home buyers and sellers achieve their real estate dreams for over 30 years.

Duration : 0:2:31

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115 A to Z of home based business ideas. Part 1

Posted on March 4th, 2010 by admin

http://www.OnlineVenture.ws

http://www.OnlineSecrets.ws

115 A to Z of home based business ideas. Part 1

Please visit the following websites for a complete online business solutions, products and services:

Part 1 http://www.youtube.com/watch?v=FerNdjCp8Es

Part 2 http://www.youtube.com/watch?v=lBJKR6PHzBA

Part 3 http://www.youtube.com/watch?v=oxzIyzhKOTY

GDI http://www.OnlineSecrets.ws

NCPS http://www.no-cost-people-search.com

APS http://www.OnlineGuru.ws

a to z of home based business ideas a list of things to do during the summer to earn money a money making robot is about to be released a internet business a list of data entry job free to join a list of money making ideas for kids a marketing strategy based on price and r&d funding. a marketing strategy for a real estate office a money making and saving timelime chart a new way to make money from forex without trading a residual income

Duration : 0:4:43

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CENTURY 21 Mulvey Real Estate “The Path For the Buyer”

Posted on March 4th, 2010 by admin

Welcome to your interactive journey through the helpful and knowledgeable world of Century 21 Real Estate. Its a place where experience and expertise intersect with your real estate goals and dreams. Experience the Gold Standard along every step of your personal path home. Whether your a first time buyer or a seasoned veteran, its comforting to know that CENTURY 21 has been helping home buyers and sellers achieve their real estate dreams for over 30 years.

Duration : 0:2:33

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Chatham Massachusetts (MA) Real Estate Tour

Posted on March 4th, 2010 by admin

http://www.chathammarealestate.com — Tour Chatham, MA neighborhoods, condominium developments, subdivisions, schools, landmarks, recreational areas, and town offices.

Chatham, Massachusetts was settled in 1665 by a group of Pilgrims whose surnames still dominate the town’s census list. Named for a town in Kent, England, Chatham was incorporated in 1712. Originally a farming community, its inhabitants found deep sea fishing more lucrative, and today small boat deep sea fishing is an important source of the town’s revenue.

Chatham’s early prosperity would leave it with a considerable number of 18th century buildings, whose charm helped it develop into a popular summer resort. Covering an area of approximately seventeen square miles, Chatham is a happy combination of past and present: old fashioned and picturesque, yet affording the best in modern facilities. The citizens of Chatham enjoy the special benefits of forward-looking zoning and current planning, and of both public and private conservation efforts. For other town tours visit http://www.virtualhomes.com . For towns in MA visit http://www.ma-virtualhomes.com . For MA relocation information go to http://www.relocationma.com . For a MA MLS map search visit http://www.virtualhomesmls.com .

Duration : 0:3:35

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