Barb Savoy-Pacella's (bsavoy) Blog

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Real Estate Agent - Keller Williams Arizona Realty
RECENT BLOG POSTS
Courtesy of Barb Savoy-Pacella, ABR, CHMS ~ CEO, Keller Williams Arizona Realty www.PacellaGroup.com I am a big fan of the Cromford Report, which is a compilation of MLS data and statistics.  Just the facts, nothing more, nothing less.  Every week, the data geek in me sits down and pours through ...
06/10/2011
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...
06/04/2011
Courtesy of Barb Savoy-Pacella, ABR, CHMS ~ CEO, Keller Williams Arizona Realty For several weeks, we have been observing a shift in the market share of REO, or foreclosure properties, versus short sale and equity properties.  The shift is important because equity properties have the greatest val...
06/03/2011
Courtesy of Barb Savoy-Pacella, ABR, CHMS ~ CEO, Keller Williams Arizona Realty www.PacellaGroup.com Welcome to the second edition of The Good, the Uncertain, and the Disappointing (the replacement to The Good, the Bad, and the Ugly). The Good:  Inventory is continuing to decline, and although on...
05/27/2011
Courtesy of Barb Savoy-Pacella, ABR, CHMS ~ CEO Keller Williams Arizona Realty www.PacellaGroup.com We are continuing to see declines in months of inventory in all cities in the Phoenix metro area.  A balanced market is generally considered to be a 5.5 month supply of inventory.  Currently, we on...
05/20/2011
Courtesy of Barb Savoy-Pacella, ABR, CHMS ~ CEO, Keller Williams Arizona Reatly www.PacellaGroup.com A few weeks ago, I mentioned that I had realized that each week, when I sit down to comb through our market data (as every data geek must do), I was literally holding my breath!  I have been going...
05/13/2011
Courtesy of Barb Savoy-Pacella, ABR, CHMS ~ CEO, Keller Williams Arizona Realty It's finally happened!  I am required to change the format of "the Good, the Bad, and the Ugly," because there seems to be nothing ugly to report, and although a few things might be disappointing, they aren't necessar...
05/06/2011
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...
04/29/2011
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...
04/23/2011
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...
04/15/2011
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Barb Savoy-Pacella

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