Barb Savoy-Pacella's (bsavoy) Blog

Don't miss this gorgeous Paradise Valley, AZ remodel on an acre + lot! From the moment you arrive in the circular drive, this spectacular home will charm you. You will be amazed at the tranquility of a home that is just blocks from the best dining, shopping, golf and entertainment in Scottsdale. ...

Courtesy of Barb Savoy-Pacella, ABR, CHMS ~ CEO, Keller Williams Arizona Realty   www.PacellaGroup.com   Although June was a record breaking month, it would be normal to anticipate the usual seasonal decrease in sales from June to July.  However, if we in compare sales from July of 2011 to sales ...

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...

Courtesy of Barb Savoy-Pacella, ABR, CHMS ~ CEO Keller Williams Arizona Realty www.PacellaGroup.com I realize that good news is not typically sensation, but I'm still baffled that the media is not talking about the positive news in the Phoenix Market.  The Phoenix Metro area market continues to b...

Courtesy of Barb Savoy-Pacella, CEO ~ Keller Williams Arizona Realty www.PacellaGroup.com Periodically, I have compared months of supply of inventory for different municipalities in the metro area. This week, I would like to focus on months of supply by price range throughout the Phoenix metro ar...