Barb Savoy-Pacella's (bsavoy) Blog

Courtesy of Barb Savoy-Pacella, ABR, CHMS ~ CEO, Keller Williams Arizona Realty www.PacellaGroup.com  As I look at the month over month increase in absorption, decrease in inventory and stabilization in pricing, I can't keep myself from comparing the Phoenix real estate market over the past sever...

Courtesy of Barb Savoy-Pacella, CEO  ~ Keller Williams Arizona Realty   www.PacellaGroup.com   The Good All indicators, including all information found on the Cromford Report, which uses MLS data to provide charts and graphs to illustrate the status of our market, indicate that demand is rising a...

There are positive indicators in the Phoenix market! Courtesy of Barb Savoy-Pacella, CEO ~ Keller Williams Arizona Realty www.PacellaGroup.com The month over month sales figures for March are in, and they are certainly giving us cause to celebrate.  The sales figure for March is 9,933 units, whic...

Courtesy of Barb Savoy-Pacella, CEO ~ Keller Williams Arizona Realty www.PacellaGroup.com Valley wide, distressed properties (foreclosures and short sales), have been representing approximately 70% of our home sales over the past year.  As we have observed in the past, the level of distress in th...

Courtesy of Barb Savoy-Pacella, CEO ~ Keller Williams Arizona Realty www.PacellaGroup.com More Positive Signals in the Phoenix Market! The economic news this week is certainly cause for optimism.  Nationally, March was a great month for job creation, and unemployment has fallen to 8.8%, the lowes...