Comments on: Phoenix Real Estate Market Update – #31 http://www.realphoenixliving.com/2009/05/17/phoenix-real-estate-market-update-31/ Real Estate information for Phoenix, Scottsdale, and other nearby Arizona cities Tue, 07 Feb 2012 00:07:39 +0000 hourly 1 http://wordpress.org/?v=3.2 By: Benjamin Ficker http://www.realphoenixliving.com/2009/05/17/phoenix-real-estate-market-update-31/comment-page-1/#comment-6299 Benjamin Ficker Tue, 19 May 2009 04:31:17 +0000 http://www.realphoenixliving.com/?p=1627#comment-6299 That's what I figured. Its the same up here in Portland OR (Though I am starting my AZ real estate career in 2 weeks). It definitely seems like the time to be buying in Phoenix. Even if prices fell 10-20% more, you can already buy properties that provide positive cash flow. That’s what I figured. Its the same up here in Portland OR (Though I am starting my AZ real estate career in 2 weeks). It definitely seems like the time to be buying in Phoenix. Even if prices fell 10-20% more, you can already buy properties that provide positive cash flow.

]]> By: Steve Belt http://www.realphoenixliving.com/2009/05/17/phoenix-real-estate-market-update-31/comment-page-1/#comment-6292 Steve Belt Tue, 19 May 2009 01:42:22 +0000 http://www.realphoenixliving.com/?p=1627#comment-6292 Hi Ben- There is naturally a seasonal uptick in sales every spring here in Phoenix. However, the last 2 years were not as strong as what we are seeing now. Demand for these lower priced homes resembles the frenzy of 2005, to be honest. Looking at a normal demand curve for Phoenix area real estate. Demand picks up around Jan 15, then again Feb 15, then continues to build into May/June on into mid-July. There it levels off, before falling noticeably around September 15, and gets to it's lowest point during the holidays. Seasonal visitors, corporate hiring, and the school year all play a significant factor in the demand curve. Hi Ben-

There is naturally a seasonal uptick in sales every spring here in Phoenix. However, the last 2 years were not as strong as what we are seeing now. Demand for these lower priced homes resembles the frenzy of 2005, to be honest.

Looking at a normal demand curve for Phoenix area real estate. Demand picks up around Jan 15, then again Feb 15, then continues to build into May/June on into mid-July. There it levels off, before falling noticeably around September 15, and gets to it’s lowest point during the holidays.

Seasonal visitors, corporate hiring, and the school year all play a significant factor in the demand curve.

]]> By: Benjamin Ficker http://www.realphoenixliving.com/2009/05/17/phoenix-real-estate-market-update-31/comment-page-1/#comment-6291 Benjamin Ficker Mon, 18 May 2009 21:06:48 +0000 http://www.realphoenixliving.com/?p=1627#comment-6291 The numbers really are impressive. How much of the increase in sales though is due to seasonality? Is the trend in sales similar over the time period the last few years? The numbers really are impressive. How much of the increase in sales though is due to seasonality? Is the trend in sales similar over the time period the last few years?

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