The Phoenix Real Estate Advisor

The joke here is "There's 2 types of homes in Arizona, ones that have termites and ones that can get them". The tube you see is an example of what the evidence of termites look like.

The good news is unlike Florida where they have to tent a home for days, we can treat the ground around a home and kill them.  This was found during a home inspection we just had and we'll know later how much it will be to treat for them but usually it's 400 to 800 with a warranty.

Posted via email from Active Adult Photo Blog

Answer-  so good we have to use both sides of the white board for all the homes we have pending right now. If we keep selling homes like this I'll need another board. Good thing our software keeps track of all the important dates.

Hope to add your name to the board!

Posted via email from Active Adult Photo Blog

Here' just how beautiful cactus can be in the spring. This was taken at my neighbors house here in Trilogy at Vistancia in Peoria, Arizona.

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Are these our future artists here at Trilogy at Vistancia in Peoria, Arizonia. Just one of the art classes offered here. To learn more about Trilogy visit www.RetiringToAz.com

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OK I just heard the housing market is down 16% throughout the country so I thought it would be a good time to update you on the Phoenix market. One thing I always struggle with is the difference between the active adult and family markets. The active adult market is so different from the rest of the valley housing that the numbers I can show you are actually better in the retirement communities but nobody tracks those numbers separately.

If you would like a copy of the March updates (on this chart Red is bad and Green is good) I used click here- Download March updates

• Total number of active listings- 38,721. The lowest in over 4 years
• Pending homes- 13,366. The highest number since 2008
• Sales per month- 8,229. The highest number since 2008
• Days on the market- 115. In line with the last 3 years.
• Days of inventory- 154. Lowest since 2008
• Monthly sales $ per sq ft- $82.46. Higher than Jan, slightly lower than Dec and much lower than the last couple of years.
• Listing success %- 66.1%. Much higher than the last 4 years.
• Median Price- $110,250. Higher than Feb, lower than Dec and much lower than the last couple of years.

So now that we have these numbers what does it mean? Looking at this we could say the Phoenix Arizona market has improved but in my opinion it’s too early to get excited. Having the number of homes for sale down and the number of homes selling being better than expected we could say we see some light at the end of tunnel but there’s a long way to go.

If you have specific questions about local communities like Trilogy at Vistancia, Sun City Festival or other active adult communities feel free to contact us and we’d love to break down that area for you. Or to search real estate for sale in our retirement communities you can simply visit Search for homes

Also remember to download your free 33 page guide to buying an active adult home in Arizona!

Posted via email from Active Adult Living