Some people would ask, “if the number of homes being sold is increasing, and the number of homes on the market is decreasing, isn’t the reduced supply causing the price point to increase?”

It is, in some areas. The law of supply and demand is hard at work here in the Scottsdale market, just as [...]

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It’s not a big surprise considering the number of homes that have been selling recently that the inventory has depleted considerably and the availability of affordable housing is drying up after this massive real estate hemorrhage.

I cannot tell the future, but I can see when there’s a break in a pattern, as you will [...]

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Big News is No Suprise

On November 25, 2008 By

I’ll be frank.  The media is the cause of all of our negative perception.  Last night as I was listening to Fox news (Channel 10 Cox Cable, Scottsdale Arizona) I heard nothing good.  People dead, people run over, people hurting, bad, bad, bad…

…and the bad news continues.  “HOME PRICES POST A RECORD DECLINE.”

…yeah?  [...]

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