Barb Savoy-Pacella's (bsavoy) Blog

Courtesy of Barb Savoy-Pacella, ABR, CHMS ~ CEO, Keller Williams Arizona Realty www.PacellaGroup.com The media continues to broadcast national housing statistics, which is in turn continuing to cast negative sentiment on our local Phoenix market.  Here’s what we know….California, Nevada, Florida,...

Courtesy of Barb Savoy-Pacella, ABR, CHMS www.PacellaGroup.com TOP 10 REASONS TO LIVE IN ZIP CODE 85254 It may not be 90210, but there are plenty of reasons to love 85254.  In “Letterman fashion,” let’s count them down from #10. #10 ~ Residents of 85254 have a Scottsdale address, however, the cit...

Courtesy of Barb Savoy-Pacella, ABR, CHMS ~ CEO Keller WilliamsArizonaRealty www.PacellaGroup.com I am always fascinated by the Phoenixreal estate market.  Supply has been falling dramatically, and we have been in a seller’s market for several months, and yet the level of distress is continuing t...

Courtesy of Barb Savoy-Pacella, ABR, CHMS, CEO ~ Keller Williams Arizona Realty www.PacellaGroup.com Start spreadin' the news!  Nope, this isn't about New York, it's about Arizona.  FHA conforming loan rates are about to dramatically decrease.  Currently, the maximum FHA conforming loan limit is ...

Courtesy of Barb Savoy-Pacella, ABR, CHMS ~ CEO, Keller Williams Arizona Realty www.PacellaGroup.com IT'S FINALLY HAPPENED!!!  It can be ignored, no more!  For weeks I have been wondering why the media is not paying attention to what is happening in our market.  Finally, Catherine Reagor, a repor...

Courtesy of Barb Savoy-Pacella, ABR, CHMS ~ CEO, Keller Williams Arizona Realty www.PacellaGroup.com It has been eight weeks since we've focused on absorption by municipality.  The percentage of absorption would be calculated by the total level of actively available inventory, versus the number o...