Johnson Says U.S. Housing Crisis Is in `Revulsion Stage'

Number of Active & Sold Listings in the Phoenix-Metro Area (12/26/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 38,304 (-274)

Single Family Detached - 31,147 (-229)
Patio homes - 626
Townhouses - 2,674
Apartment Style - 2,214
Gemini/Twin Homes - 317
Manufactured/Mobile Housing - 1,188
Modular/Pre-fab - 34
Loft Style - 104

Total Sold Listings (2010) - 87,800 (+1,694)

Single Family Detached - 74,013 (+1,419)
Patio homes - 1,057
Townhouses - 5,633
Apartment Style - 4,958
Gemini/Twin Homes - 527
Manufactured/Mobile Housing - 1,459
Modular/Pre-fab - 40
Loft Style - 113

Number of Active & Sold Listings in the Phoenix-Metro Area (12/19/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 38,578 (-226)

Single Family Detached - 31,376 (-176)
Patio homes - 635
Townhouses - 2,682
Apartment Style - 2,228
Gemini/Twin Homes - 317
Manufactured/Mobile Housing - 1,200
Modular/Pre-fab - 35
Loft Style - 105

Total Sold Listings (2010) - 86,106 (+1,827)

Single Family Detached - 72,594 (+1,549)
Patio homes - 1,036
Townhouses - 5,514
Apartment Style - 4,850
Gemini/Twin Homes - 522
Manufactured/Mobile Housing - 1,440
Modular/Pre-fab - 39
Loft Style - 111

Number of Active & Sold Listings in the Phoenix-Metro Area (12/12/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 38,804 (-223)

Single Family Detached - 31,548 (-156)
Patio homes - 634
Townhouses - 2,714
Apartment Style - 2,243
Gemini/Twin Homes - 318
Manufactured/Mobile Housing - 1,209
Modular/Pre-fab - 36
Loft Style - 102

Total Sold Listings (2010) - 84,279 (+1,403)

Single Family Detached - 71,045 (+1,176)
Patio homes - 1,016
Townhouses - 5,401
Apartment Style - 4,760
Gemini/Twin Homes - 501
Manufactured/Mobile Housing - 1,409
Modular/Pre-fab - 39
Loft Style - 108

Number of Active & Sold Listings in the Phoenix-Metro Area (12/5/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 39,027 (-418)

Single Family Detached - 31,704 (-320)
Patio homes - 646
Townhouses - 2,759
Apartment Style - 2,243
Gemini/Twin Homes - 334
Manufactured/Mobile Housing - 1,204
Modular/Pre-fab - 37
Loft Style - 100

Total Sold Listings (2010) - 82,876 (+2,123)

Single Family Detached - 69,869 (+1,774)
Patio homes - 998
Townhouses - 5,304
Apartment Style - 4,679
Gemini/Twin Homes - 492
Manufactured/Mobile Housing - 1,391
Modular/Pre-fab - 39
Loft Style - 104

Add 2.1 million houses to the glut

"There's a large number of homes, either already repossessed by lenders or very seriously delinquent, that are poised to be added to the already glutted regular supply of homes on the market.

This "shadow inventory" jumped 10% during the past year, to an eight-month supply at the current rate of home sales, according to a report issued Monday."

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Add 2.1 million houses to the glut

Number of Active & Sold Listings in the Phoenix-Metro Area (11/28/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 39,445 (-379)

Single Family Detached - 32,024 (-406)
Patio homes - 661
Townhouses - 2,774
Apartment Style - 2,290
Gemini/Twin Homes - 334
Manufactured/Mobile Housing - 1,223
Modular/Pre-fab - 38
Loft Style - 100

Total Sold Listings (2010) - 80,753 (+1,286)

Single Family Detached - 68,095 (+1,054)
Patio homes - 973
Townhouses - 5,144
Apartment Style - 4,565
Gemini/Twin Homes - 481
Manufactured/Mobile Housing - 1,358
Modular/Pre-fab - 38
Loft Style - 99

Number of Active & Sold Listings in the Phoenix-Metro Area (11/21/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 39,824 (+67)

Single Family Detached - 32,430 (-12)
Patio homes - 657
Townhouses - 2,778
Apartment Style - 2,290
Gemini/Twin Homes - 330
Manufactured/Mobile Housing - 1,208
Modular/Pre-fab - 34
Loft Style - 97

Total Sold Listings (2010) - 79,467 (+1,673)

Single Family Detached - 67,041 (+1,403)
Patio homes - 957
Townhouses - 5,050
Apartment Style - 4,489
Gemini/Twin Homes - 465
Manufactured/Mobile Housing - 1,329
Modular/Pre-fab - 37
Loft Style - 99

Land broker sees Valley population doubling by 2045

"Greg Vogel sees Valley growth over the next 35 years leaping to roughly 8 million people from 4 million.

Metro Phoenix will double down if his forecast plays out.

It's rather startling when you see it plotted on a large digital map at Vogel's Scottsdale office of the Land Advisors Organization."

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Land broker sees Valley population doubling by 2045

Number of Active & Sold Listings in the Phoenix-Metro Area (11/14/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 39,757 (+101)

Single Family Detached - 32,442 (+143)
Patio homes - 651
Townhouses - 2,743
Apartment Style - 2,283
Gemini/Twin Homes - 327
Manufactured/Mobile Housing - 1,187
Modular/Pre-fab - 35
Loft Style - 99

Total Sold Listings (2010) - 77,794 (+1,252)

Single Family Detached - 65,638 (+1,055)
Patio homes - 943
Townhouses - 4,941
Apartment Style - 4,387
Gemini/Twin Homes - 455
Manufactured/Mobile Housing - 1,301
Modular/Pre-fab - 36
Loft Style - 93

Number of Active & Sold Listings in the Phoenix-Metro Area (11/7/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 39,666 (+107)

Single Family Detached - 32,299 (+184)
Patio homes - 659
Townhouses - 2,768
Apartment Style - 2,303
Gemini/Twin Homes - 323
Manufactured/Mobile Housing - 1,176
Modular/Pre-fab - 37
Loft Style - 101

Total Sold Listings (2010) - 76,542 (+1,287)

Single Family Detached - 64,583 (+1,086)
Patio homes - 925
Townhouses - 4,872
Apartment Style - 4,319
Gemini/Twin Homes - 446
Manufactured/Mobile Housing - 1,270
Modular/Pre-fab - 34
Loft Style - 93

Number of Active & Sold Listings in the Phoenix-Metro Area (10/31/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 39,559 (-31)

Single Family Detached - 32,115 (-21)
Patio homes - 663
Townhouses - 2,794
Apartment Style - 2,347
Gemini/Twin Homes - 317
Manufactured/Mobile Housing - 1,177
Modular/Pre-fab - 36
Loft Style - 100

Total Sold Listings (2010) - 75,255 (+2,220)

Single Family Detached - 63,497 (+1,903)
Patio homes - 907
Townhouses - 4,781
Apartment Style - 4,256
Gemini/Twin Homes - 443
Manufactured/Mobile Housing - 1,249
Modular/Pre-fab - 33
Loft Style - 89

Nation's Biggest Banks Each Hold over $20B in Foreclosures

"New data released this week shows that the nation’s largest banks are holding monstrous volumes of soured home loans. Not only has the housing crisis left major lenders knee-deep in an ocean of non-performers, but added exposure to early delinquencies means they could sink even deeper."

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Nation's Biggest Banks Each Hold over $20B in Foreclosures

Shadow Inventory to Keep REO Supply Elevated for Several Years

"An estimated 4.1 million borrowers – nearly 1 in 10 – are in the process of foreclosure or are more than 90 days delinquent and heading that way soon."

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Shadow Inventory to Keep REO Supply Elevated for Several Years

Number of Active & Sold Listings in the Phoenix-Metro Area (10/24/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 39,590 (-91)

Single Family Detached - 32,146 (-75)
Patio homes - 654
Townhouses - 2,794
Apartment Style - 2,366
Gemini/Twin Homes - 318
Manufactured/Mobile Housing - 1,173
Modular/Pre-fab - 36
Loft Style - 103

Total Sold Listings (2010) - 73,035 (+1,339)

Single Family Detached - 61,594 (+1,121)
Patio homes - 884
Townhouses - 4,642
Apartment Style - 4,156
Gemini/Twin Homes - 430
Manufactured/Mobile Housing - 1,213
Modular/Pre-fab - 32
Loft Style - 84

Number of Active & Sold Listings in the Phoenix-Metro Area (10/17/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 39,681 (+350)

Single Family Detached - 32,221 (+293)
Patio homes - 651
Townhouses - 2,787
Apartment Style - 2,403
Gemini/Twin Homes - 316
Manufactured/Mobile Housing - 1,159
Modular/Pre-fab - 37
Loft Style - 106

Total Sold Listings (2010) - 71,696 (+1,406)

Single Family Detached - 60,473 (+1,173)
Patio homes - 877
Townhouses - 4,545
Apartment Style - 4,078
Gemini/Twin Homes - 427
Manufactured/Mobile Housing - 1,185
Modular/Pre-fab - 31
Loft Style - 80

Number of Active & Sold Listings in the Phoenix-Metro Area (10/10/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 39,331 (+333)

Single Family Detached - 31,928 (+293)
Patio homes - 664
Townhouses - 2,777
Apartment Style - 2,355
Gemini/Twin Homes - 312
Manufactured/Mobile Housing - 1,141
Modular/Pre-fab - 39
Loft Style - 104

Total Sold Listings (2010) - 70,290 (+1,071)

Single Family Detached - 59,300 (+922)
Patio homes - 862
Townhouses - 4,441
Apartment Style - 3,998
Gemini/Twin Homes - 419
Manufactured/Mobile Housing - 1,163
Modular/Pre-fab - 30
Loft Style - 77

Number of Active & Sold Listings in the Phoenix-Metro Area (10/3/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 38,998 (-90)

Single Family Detached - 31,635 (-28)
Patio homes - 664
Townhouses - 2,767
Apartment Style - 2,346
Gemini/Twin Homes - 301
Manufactured/Mobile Housing - 1,141
Modular/Pre-fab - 38
Loft Style - 106

Total Sold Listings (2010) - 69,219 (+2,309)

Single Family Detached - 58,378 (+1,950)
Patio homes - 847
Townhouses - 4,368
Apartment Style - 3,959
Gemini/Twin Homes - 414
Manufactured/Mobile Housing - 1,148
Modular/Pre-fab - 30
Loft Style - 75

Number of Active & Sold Listings in the Phoenix-Metro Area (9/26/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 39,088 (+267)

Single Family Detached - 31,663 (+279)
Patio homes - 670
Townhouses - 2,798
Apartment Style - 2,377
Gemini/Twin Homes - 293
Manufactured/Mobile Housing - 1,131
Modular/Pre-fab - 41
Loft Style - 115

Total Sold Listings (2010) - 66,910 (+1,434)

Single Family Detached - 56,428 (+1,203)
Patio homes - 832
Townhouses - 4,222
Apartment Style - 3,808
Gemini/Twin Homes - 402
Manufactured/Mobile Housing - 1,116
Modular/Pre-fab - 30
Loft Style - 72

Number of Active & Sold Listings in the Phoenix-Metro Area (9/19/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 38,821 (+617)

Single Family Detached - 31,384 (+549)
Patio homes - 649
Townhouses - 2,779
Apartment Style - 2,491
Gemini/Twin Homes - 291
Manufactured/Mobile Housing - 1,130
Modular/Pre-fab - 37
Loft Style - 110

Total Sold Listings (2010) - 65,476 (+1,330)

Single Family Detached - 55,225 (+1,118)
Patio homes - 810
Townhouses - 4,148
Apartment Style - 3,708
Gemini/Twin Homes - 397
Manufactured/Mobile Housing - 1,088
Modular/Pre-fab - 30
Loft Style - 70

Number of Active & Sold Listings in the Phoenix-Metro Area (9/12/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 38,204 (+420)

Single Family Detached - 30,835 (+382)
Patio homes - 644
Townhouses - 2,729
Apartment Style - 2,452
Gemini/Twin Homes - 281
Manufactured/Mobile Housing - 1,125
Modular/Pre-fab - 33
Loft Style - 105

Total Sold Listings (2010) - 64,146 (+878)

Single Family Detached - 54,107 (+732)
Patio homes - 800
Townhouses - 4,063
Apartment Style - 3,630
Gemini/Twin Homes - 387
Manufactured/Mobile Housing - 1,062
Modular/Pre-fab - 30
Loft Style - 67

Number of Active & Sold Listings in the Phoenix-Metro Area (9/5/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 37,784 (+190)

Single Family Detached - 30,453 (+243)
Patio homes - 645
Townhouses - 2,731
Apartment Style - 2,430
Gemini/Twin Homes - 274
Manufactured/Mobile Housing - 1,114
Modular/Pre-fab - 34
Loft Style - 103

Total Sold Listings (2010) - 63,268 (+2,302)

Single Family Detached - 53,375 (+2,143)
Patio homes - 791
Townhouses - 3,998
Apartment Style - 3,576
Gemini/Twin Homes - 382
Manufactured/Mobile Housing - 1,049
Modular/Pre-fab - 30
Loft Style - 67

Number of Active & Sold Listings in the Phoenix-Metro Area (8/29/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 37,594 (+439)

Single Family Detached - 30,210 (+320)
Patio homes - 632
Townhouses - 2,724
Apartment Style - 2,490
Gemini/Twin Homes - 271
Manufactured/Mobile Housing - 1,125
Modular/Pre-fab - 33
Loft Style - 109

Total Sold Listings (2010) - 60,966 (+1,479)

Single Family Detached - 51,432 (+1,232)
Patio homes - 764
Townhouses - 3,834
Apartment Style - 3,451
Gemini/Twin Homes - 370
Manufactured/Mobile Housing - 1,022
Modular/Pre-fab - 29
Loft Style - 64

Number of Active & Sold Listings in the Phoenix-Metro Area (8/22/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 37,155 (+243)

Single Family Detached - 29,890 (+199)
Patio homes - 617
Townhouses - 2,670
Apartment Style - 2,480
Gemini/Twin Homes - 262
Manufactured/Mobile Housing - 1,101
Modular/Pre-fab - 34
Loft Style - 101

Total Sold Listings (2010) - 59,487 (+1,612)

Single Family Detached - 50,200 (+1,348)
Patio homes - 752
Townhouses - 3,743
Apartment Style - 3,350
Gemini/Twin Homes - 357
Manufactured/Mobile Housing - 994
Modular/Pre-fab - 28
Loft Style - 63

Number of Active & Sold Listings in the Phoenix-Metro Area (8/15/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 36,912 (+340)

Single Family Detached - 29,691 (+292)
Patio homes - 610
Townhouses - 2,664
Apartment Style - 2,468
Gemini/Twin Homes - 263
Manufactured/Mobile Housing - 1,084
Modular/Pre-fab - 33
Loft Style - 98

Total Sold Listings (2010) - 57,875 (+1,369)

Single Family Detached - 48,852 (+1,122)
Patio homes - 726
Townhouses - 3,643
Apartment Style - 3,246
Gemini/Twin Homes - 348
Manufactured/Mobile Housing - 968
Modular/Pre-fab - 28
Loft Style - 64

Arizona real estate: Phoenix home prices down

"Home prices in metro Phoenix are falling again, and new data about upcoming sales suggest that they are likely to keep falling over the next few months, bringing concerns of a housing-market "double dip" closer to reality.

Home prices had fallen to a median $119,900 back in April 2009, marking the low point of the region's housing crash. Recent months showed small but steady increases, keeping the price above $130,000."

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Arizona real estate: Phoenix home prices down

Fewer borrowers are underwater on mortgages

"More than 20% of the nation's mortgage borrowers owe more than their homes are worth.

At 21.5% for the third quarter, it is a small improvement over the previous quarter, when 23.3% of loans were underwater, according to real estate website Zillow.com."

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Fewer borrowers are underwater on mortgages

Number of Active & Sold Listings in the Phoenix-Metro Area (8/8/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 36,572 (+629)

Single Family Detached - 29,399 (+546)
Patio homes - 590
Townhouses - 2,644
Apartment Style - 2,465
Gemini/Twin Homes - 261
Manufactured/Mobile Housing - 1,077
Modular/Pre-fab - 32
Loft Style - 105

Total Sold Listings (2010) - 56,506 (+1,146)

Single Family Detached - 47,730 (+954)
Patio homes - 713
Townhouses - 3,536
Apartment Style - 3,145
Gemini/Twin Homes - 340
Manufactured/Mobile Housing - 951
Modular/Pre-fab - 27
Loft Style - 64

Number of Active & Sold Listings in the Phoenix-Metro Area (8/1/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 35,943 (+335)

Single Family Detached - 28,853 (+388)
Patio homes - 591
Townhouses - 2,577
Apartment Style - 2,448
Gemini/Twin Homes - 256
Manufactured/Mobile Housing - 1,082
Modular/Pre-fab - 32
Loft Style - 104

Total Sold Listings (2010) - 55,360 (+2,445)

Single Family Detached - 46,776 (+2,087)
Patio homes - 707
Townhouses - 3,449
Apartment Style - 3,073
Gemini/Twin Homes - 334
Manufactured/Mobile Housing - 932
Modular/Pre-fab - 27
Loft Style - 62

A look at the week ahead for markets

"As a strong July draws to a close, the earnings reporting period is just heating up, with 157 of the biggest companies in the country due to open their books in the week ahead.

Standouts include Dow components Boeing (BA, Fortune 500) (Tues.), DuPont (DD, Fortune 500) (Wed.), Exxon Mobil (XOM, Fortune 500) (Thurs.), and Chevron (CVX, Fortune 500) and Merck (MRK, Fortune 500) (Friday). Also, BP (BP) reports Tuesday, the first snapshot of the company's performance during the quarter in which the oil spill began."

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A look at the week ahead for markets

Number of Active & Sold Listings in the Phoenix-Metro Area (7/25/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 35,608 (+458)

Single Family Detached - 28,465 (+427)
Patio homes - 598
Townhouses - 2,602
Apartment Style - 2,448
Gemini/Twin Homes - 264
Manufactured/Mobile Housing - 1,100
Modular/Pre-fab - 33
Loft Style - 98

Total Sold Listings (2010) - 52,915 (+1,444)

Single Family Detached - 44,689 (+1,251)
Patio homes - 679
Townhouses - 3,296
Apartment Style - 2,931
Gemini/Twin Homes - 331
Manufactured/Mobile Housing - 904
Modular/Pre-fab - 26
Loft Style - 59

Existing home sales fall 5.1%

"In the latest sign of renewed turbulence in the housing market, an industry group said Thursday that sales of existing homes fell 5.1% in June.

The National Association of Realtors reported that existing home sales fell last month to a seasonally adjusted annual rate of 5.37 million units, down from 5.66 million in May. Sales year-over-year were up 9.8%."

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Existing home sales fall 5.1%

Number of Active & Sold Listings in the Phoenix-Metro Area (7/18/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 35,150 (+494)

Single Family Detached - 28,038 (+432)
Patio homes - 610
Townhouses - 2,607
Apartment Style - 2,419
Gemini/Twin Homes - 255
Manufactured/Mobile Housing - 1,089
Modular/Pre-fab - 35
Loft Style - 98

Total Sold Listings (2010) - 51,471 (+1,488)

Single Family Detached - 43,483 (+1,250)
Patio homes - 663
Townhouses - 3,199
Apartment Style - 2,845
Gemini/Twin Homes - 323
Manufactured/Mobile Housing - 877
Modular/Pre-fab - 25
Loft Style - 56

Number of Active & Sold Listings in the Phoenix-Metro Area (7/11/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 34,656 (+432)

Single Family Detached - 27,606 (+356)
Patio homes - 615
Townhouses - 2,567
Apartment Style - 2,389
Gemini/Twin Homes - 257
Manufactured/Mobile Housing - 1,088
Modular/Pre-fab - 34
Loft Style - 100

Total Sold Listings (2010) - 49,983 (+1,059)

Single Family Detached - 42,233 (+894)
Patio homes - 648
Townhouses - 3,094
Apartment Style - 2,760
Gemini/Twin Homes - 313
Manufactured/Mobile Housing - 854
Modular/Pre-fab - 25
Loft Style - 56

Number of Active & Sold Listings in the Phoenix-Metro Area (7/4/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 34,224 (-10)

Single Family Detached - 27,250 (+65)
Patio homes - 617
Townhouses - 2,541
Apartment Style - 2,358
Gemini/Twin Homes - 248
Manufactured/Mobile Housing - 1,089
Modular/Pre-fab - 31
Loft Style - 100

Total Sold Listings (2010) - 48,924 (+2,870)

Single Family Detached - 41,339 (+2,468)
Patio homes - 627
Townhouses - 3,021
Apartment Style - 2,705
Gemini/Twin Homes - 311
Manufactured/Mobile Housing - 841
Modular/Pre-fab - 25
Loft Style - 55

Number of Active & Sold Listings in the Phoenix-Metro Area (6/27/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 34,234 (+239)

Single Family Detached - 27,185 (+260)
Patio homes - 611
Townhouses - 2,555
Apartment Style - 2,395
Gemini/Twin Homes - 250
Manufactured/Mobile Housing - 1,105
Modular/Pre-fab - 30
Loft Style - 103

Total Sold Listings (2010) - 46,054 (+1,910)

Single Family Detached - 38,871 (+1,616)
Patio homes - 605
Townhouses - 2,871
Apartment Style - 2,535
Gemini/Twin Homes - 294
Manufactured/Mobile Housing - 804
Modular/Pre-fab - 22
Loft Style - 52

The housing head fake, part 362

"The housing market took a big step back in the month of May. There's no disputing that.

New home sales plunged 33% from April. Existing home sales dropped 2% and were worse than expected. May housing starts numbers reported last week were equally dismal: Starts for single-family homes plummeted 17%."

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The housing head fake, part 362

200,000 could lose out on homebuyer tax credit

"Nearly 200,000 homebuyers could lose out on the $8,000 tax credit because they can't get deals done by the June 30 deadline.

What did they do wrong? They tried to take advantage of the distressed properties flooding the market."

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200,000 could lose out on homebuyer tax credit

New home sales plummet to record low

"New home sales plummeted to a record low in May, the first month following the expiration of the homebuyer tax credit. This snapped a two-month streak of gains.

New home sales declined 32.7% to a seasonally adjusted annual rate of 300,000 last month, down from an downwardly revised 446,000 in April, the Commerce Department reported Wednesday. Sales year-over-year fell 18.3%."

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New home sales plummet to record low

Number of Active & Sold Listings in the Phoenix-Metro Area (6/20/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 33,995 (+366)

Single Family Detached - 26,925 (+321)
Patio homes - 607
Townhouses - 2,570
Apartment Style - 2,394
Gemini/Twin Homes - 254
Manufactured/Mobile Housing - 1,104
Modular/Pre-fab - 32
Loft Style - 109

Total Sold Listings (2010) - 44,144 (+1,967)

Single Family Detached - 37,255 (+1,621)
Patio homes - 584
Townhouses - 2,749
Apartment Style - 2,436
Gemini/Twin Homes - 279
Manufactured/Mobile Housing - 773
Modular/Pre-fab - 20
Loft Style - 48

Arizona monsoon season begins today

"The monsoon starts today.

Note, that does not mean: "The monsoon starts today!"

What it means is that today is June 15, the official start of the Arizona monsoon season, according to the National Weather Service."

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Arizona monsoon season begins today

Number of Active & Sold Listings in the Phoenix-Metro Area (6/13/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 33,629 (+438)

Single Family Detached - 26,604 (+378)
Patio homes - 610
Townhouses - 2,525
Apartment Style - 2,396
Gemini/Twin Homes - 246
Manufactured/Mobile Housing - 1,119
Modular/Pre-fab - 32
Loft Style - 104

Total Sold Listings (2010) - 42,177 (+1,565)

Single Family Detached - 35,634 (+1,322)
Patio homes - 556
Townhouses - 2,599
Apartment Style - 2,321
Gemini/Twin Homes - 268
Manufactured/Mobile Housing - 739
Modular/Pre-fab - 20
Loft Style - 41

Banks seizing more foreclosed homes

"Banks are seizing more foreclosed homes even as the number of people falling behind on their mortgages is declining.

Bank repossessions hit a record monthly high in May, according to RealtyTrac, the online marketer of foreclosed properties. Lenders took back 93,777 properties, up 1% from the previous month's record and 44% from the same period a year earlier."

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Banks seizing more foreclosed homes

Number of Active & Sold Listings in the Phoenix-Metro Area (6/6/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 33,191 (-391)

Single Family Detached - 26,226 (-235)
Patio homes - 628
Townhouses - 2,462
Apartment Style - 2,400
Gemini/Twin Homes - 244
Manufactured/Mobile Housing - 1,100
Modular/Pre-fab - 33
Loft Style - 98

Total Sold Listings (2010) - 40,612 (+2,097)

Single Family Detached - 34,312 (+1,781)
Patio homes - 538
Townhouses - 2,505
Apartment Style - 2,224
Gemini/Twin Homes - 258
Manufactured/Mobile Housing - 716
Modular/Pre-fab - 19
Loft Style - 40

Number of Active & Sold Listings in the Phoenix-Metro Area (5/30/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 33,570 (+271)

Single Family Detached - 26,461 (+232)
Patio homes - 631
Townhouses - 2,523
Apartment Style - 2,418
Gemini/Twin Homes - 256
Manufactured/Mobile Housing - 1,136
Modular/Pre-fab - 34
Loft Style - 112

Total Sold Listings (2010) - 38,515 (+2,645)

Single Family Detached - 32,531 (+2,231)
Patio homes - 514
Townhouses - 2,362
Apartment Style - 2,113
Gemini/Twin Homes - 248
Manufactured/Mobile Housing - 690
Modular/Pre-fab - 19
Loft Style - 38

Want a loan modification? Get your paperwork ready.

"Attention delinquent borrowers: If you want to get into the Obama administration's mortgage modification program, you'd better have your paperwork ready.

New Treasury Department guidelines go into effect on June 1 that will require loan servicers to verify applicants' income and financial hardship before placing them into trial modifications."

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Want a loan modification? Get your paperwork ready.

After foreclosure: How long until you can buy again?

"Walking away from a mortgage you can still afford to pay has consequences; everyone knows that. Your credit score is shot and it can be impossible to get credit.

Some homeowners, no doubt, believe that the credit score hit is worth getting out from a deeply underwater mortgage. They may owe, say, $500,000 when their house value is only valued at $350,000. And, they figure, there's no way it will ever be worth what they owe so it's better to get out from underneath the burden."

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After foreclosure: How long until you can buy again?

Number of Active & Sold Listings in the Phoenix-Metro Area (5/23/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 33,299 (+124)

Single Family Detached - 26,229 (+139)
Patio homes - 639
Townhouses - 2,516
Apartment Style - 2,386
Gemini/Twin Homes - 257
Manufactured/Mobile Housing - 1,126
Modular/Pre-fab - 32
Loft Style - 114

Total Sold Listings (2010) - 35,870 (+1,959)

Single Family Detached - 30,300 (+1,673)
Patio homes - 477
Townhouses - 2,192
Apartment Style - 1,969
Gemini/Twin Homes - 233
Manufactured/Mobile Housing - 645
Modular/Pre-fab - 18
Loft Style - 36

Phoenix home-loan modification delayed for many

"The federal government's 15-month-old home-loan modification program has not been the foreclosure rescue plan many Phoenix-area homeowners expected.

Slow lender response, piles of paperwork and drawn-out trial periods have frustrated many struggling homeowners."

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Phoenix home-loan modification delayed for many

Dropouts rise in gov't loan modification program

"The number of homeowners dropping out of the Obama administration's main mortgage assistance plan is growing, and is now almost equal to the number who have received permanent relief.

As of last month, more than 299,000 homeowners had received permanent loan modifications, the Treasury Department said Monday. That's about 25 percent of the 1.2 million who started the program since its March 2009 launch. That means they will be paying, on average, $516 less each month."

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Dropouts rise in gov't loan modification program

Number of Active & Sold Listings in the Phoenix-Metro Area (5/16/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 33,175 (+176)

Single Family Detached - 26,090 (+183)
Patio homes - 633
Townhouses - 2,490
Apartment Style - 2,426
Gemini/Twin Homes - 254
Manufactured/Mobile Housing - 1,137
Modular/Pre-fab - 32
Loft Style - 113

Total Sold Listings (2010) - 33,911 (+1,944)

Single Family Detached - 28,627 (+1,637)
Patio homes - 445
Townhouses - 2,079
Apartment Style - 1,864
Gemini/Twin Homes - 2223
Manufactured/Mobile Housing - 621
Modular/Pre-fab - 18
Loft Style - 34

Laws will aid home market

"Several pieces of important Arizona legislation that would have slowed foreclosures and potentially aided in the recovery of the housing market died in the recent session.

But some key bills did survive, and the new laws will help."

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Laws will aid home market

Number of Active & Sold Listings in the Phoenix-Metro Area (5/9/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 32,999 (+197)

Single Family Detached - 25,907 (+204)
Patio homes - 648
Townhouses - 2,459
Apartment Style - 2,446
Gemini/Twin Homes - 261
Manufactured/Mobile Housing - 1,132
Modular/Pre-fab - 32
Loft Style - 114

Total Sold Listings (2010) - 31,967 (+1,600)

Single Family Detached - 26,990 (+1,348)
Patio homes - 423
Townhouses - 1,944
Apartment Style - 1,765
Gemini/Twin Homes - 214
Manufactured/Mobile Housing - 583
Modular/Pre-fab - 17
Loft Style - 31

Number of Active & Sold Listings in the Phoenix-Metro Area (5/2/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 32,802 (-1,257)

Single Family Detached - 25,703 (-1,000)
Patio homes - 646
Townhouses - 2,466
Apartment Style - 2,457
Gemini/Twin Homes - 258
Manufactured/Mobile Housing - 1,124
Modular/Pre-fab - 32
Loft Style - 116

Total Sold Listings (2010) - 30,367 (+3,243)

Single Family Detached - 25,642 (+2,744)
Patio homes - 399
Townhouses - 1,838
Apartment Style - 1,684
Gemini/Twin Homes - 204
Manufactured/Mobile Housing - 554
Modular/Pre-fab - 16
Loft Style - 30

Number of Active & Sold Listings in the Phoenix-Metro Area (4/25/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 34,059 (-334)

Single Family Detached - 26,703 (-281)
Patio homes - 672
Townhouses - 2,560
Apartment Style - 2,529
Gemini/Twin Homes - 278
Manufactured/Mobile Housing - 1,165
Modular/Pre-fab - 32
Loft Style - 120

Total Sold Listings (2010) - 27,124 (+1,902)

Single Family Detached - 22,898 (+1,635)
Patio homes - 356
Townhouses - 1,648
Apartment Style - 1,506
Gemini/Twin Homes - 179
Manufactured/Mobile Housing - 496
Modular/Pre-fab - 15
Loft Style - 26

Number of Active & Sold Listings in the Phoenix-Metro Area (4/18/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 34,393 (-355)

Single Family Detached - 26,984 (-253)
Patio homes - 684
Townhouses - 2,558
Apartment Style - 2,561
Gemini/Twin Homes - 286
Manufactured/Mobile Housing - 1,163
Modular/Pre-fab - 32
Loft Style - 125

Total Sold Listings (2010) - 25,222 (+1,936)

Single Family Detached - 21,263 (+1,640)
Patio homes - 331
Townhouses - 1,540
Apartment Style - 1,410
Gemini/Twin Homes - 168
Manufactured/Mobile Housing - 470
Modular/Pre-fab - 15
Loft Style - 25

Foreclosure rates surge, biggest jump in 5 years

"A record number of U.S. homes were lost to foreclosure in the first three months of this year, a sign banks are starting to wade through the backlog of troubled home loans at a faster pace, according to a new report.

RealtyTrac Inc. said Thursday that the number of U.S. homes taken over by banks jumped 35 percent in the first quarter from a year ago. In addition, households facing foreclosure grew 16 percent in the same period and 7 percent from the last three months of 2009."

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Foreclosure rates surge, biggest jump in 5 years

Number of Active & Sold Listings in the Phoenix-Metro Area (4/11/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 34,748 (+316)

Single Family Detached - 27,237 (+324)
Patio homes - 699
Townhouses - 2,622
Apartment Style - 2,593
Gemini/Twin Homes - 299
Manufactured/Mobile Housing - 1,142
Modular/Pre-fab - 33
Loft Style - 123

Total Sold Listings (2010) - 23,286 (+1,489)

Single Family Detached - 19,640 (+1,227)
Patio homes - 302
Townhouses - 1,418
Apartment Style - 1,280
Gemini/Twin Homes - 153
Manufactured/Mobile Housing - 445
Modular/Pre-fab - 14
Loft Style - 24

Number of Active & Sold Listings in the Phoenix-Metro Area (4/4/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 34,432 (-380)

Single Family Detached - 26,913 (-303)
Patio homes - 722
Townhouses - 2,629
Apartment Style - 2,571
Gemini/Twin Homes - 295
Manufactured/Mobile Housing - 1,141
Modular/Pre-fab - 33
Loft Style - 128

Total Sold Listings (2010) - 21,797 (+2,747)

Single Family Detached - 18,413 (+2,311)
Patio homes - 277
Townhouses - 1327
Apartment Style - 1192
Gemini/Twin Homes - 136
Manufactured/Mobile Housing - 415
Modular/Pre-fab - 14
Loft Style - 23

New-home sales dip 2.2% to record low

"Sales of new homes fell to a record low in February, according to a government report released Wednesday, as the glut of foreclosed homes and a weak economy dampened the housing market.

New-home sales fell 2.2% to a seasonally adjusted rate of 308,000 last month, compared to a upwardly revised annual rate of 315,000 in January, the Census Bureau said. "

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New-home sales dip 2.2% to record low

Don't foreclose! Do a short sale

"Short sales are the hottest thing going in the distressed-property market, and the trend is expected to get even hotter in coming weeks, when the government starts handing out cash to encourage lenders to close these deals.

"Banks have ramped up short sale approvals," said Duane Legate of House Buyer Network, which connects short sellers with buyers. "They're hiring a lot of the people who once worked in the mortgage-lending industry and moved them over to short sales."

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Don't foreclose! Do a short sale

Number of Active & Sold Listings in the Phoenix-Metro Area (3/28/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 34,812 (-465)

Single Family Detached - 27,216 (-466)
Patio homes - 733
Townhouses - 2,619
Apartment Style - 2,614
Gemini/Twin Homes - 296
Manufactured/Mobile Housing - 1,171
Modular/Pre-fab - 32
Loft Style - 131

Total Sold Listings (2010) - 19,050 (+3,663)

Single Family Detached - 16,102 (+3,097)
Patio homes - 245
Townhouses - 1145
Apartment Style - 1050
Gemini/Twin Homes - 116
Manufactured/Mobile Housing - 364
Modular/Pre-fab - 11
Loft Style - 17

Phoenix homes now undervalued by 22%

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Phoenix homes now undervalued by 22% - Phoenix Business Journal

Number of Active & Sold Listings in the Phoenix-Metro Area (3/21/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 35,156 (-121)

Single Family Detached - 27,505 (-177)
Patio homes - 740
Townhouses - 2,658
Apartment Style - 2,610
Gemini/Twin Homes - 313
Manufactured/Mobile Housing - 1,166
Modular/Pre-fab - 34
Loft Style - 130

Total Sold Listings (2010) - 17,203 (+1,816)

Single Family Detached - 14,527 (+1,522)
Patio homes - 217
Townhouses - 1,063
Apartment Style - 936
Gemini/Twin Homes - 105
Manufactured/Mobile Housing - 329
Modular/Pre-fab - 10
Loft Style - 16

Number of Active & Sold Listings in the Phoenix-Metro Area (3/14/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 35,277 (-130)

Single Family Detached - 27,682 (-73)
Patio homes - 753
Townhouses - 2,673
Apartment Style - 2,599
Gemini/Twin Homes - 315
Manufactured/Mobile Housing - 1,154
Modular/Pre-fab - 32
Loft Style - 128

Total Sold Listings (2010) - 15,387 (+1,570)

Single Family Detached - 13,005 (+1,305)
Patio homes - 201
Townhouses - 941
Apartment Style - 822
Gemini/Twin Homes - 99
Manufactured/Mobile Housing - 294
Modular/Pre-fab - 9
Loft Style - 16

Losing your home: What happens in a foreclosure

"When a homeowner falls behind on at least three mortgage payments, a lender will usually initiate foreclosure proceedings.

In the first step, the lender hires a trustee to handle the foreclosure and ensure that the process follows Arizona laws."

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Losing your home: What happens in a foreclosure

Fast evictions adding to pain of Phoenix home foreclosures

"Homes that fall into foreclosure in Phoenix are sold at a public auction. The highest bidder becomes the new owner. The former owner then has to move out.

Departing owners have five days under Arizona law to vacate the property. But in the overheated foreclosure market that has come in the wake of the metropolitan Phoenix housing crash, some people are being told to get out the same day their house is sold at auction."

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Fast evictions adding to pain of Phoenix home foreclosures

Number of Active & Sold Listings in the Phoenix-Metro Area (3/7/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 35,407 (+154)

Single Family Detached - 27,755 (+179)
Patio homes - 753
Townhouses - 2,668
Apartment Style - 2,596
Gemini/Twin Homes - 310
Manufactured/Mobile Housing - 1,163
Modular/Pre-fab - 28
Loft Style - 134

Total Sold Listings (2010) - 13,817 (+1,741)

Single Family Detached - 11,700 (+1,436)
Patio homes - 180
Townhouses - 829
Apartment Style - 729
Gemini/Twin Homes - 89
Manufactured/Mobile Housing - 268
Modular/Pre-fab - 9
Loft Style - 13

Number of Active & Sold Listings in the Phoenix-Metro Area (2/28/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 35,253 (-65)

Single Family Detached - 27,576 (-54)
Patio homes - 746
Townhouses - 2,653
Apartment Style - 2,610
Gemini/Twin Homes - 320
Manufactured/Mobile Housing - 1,186
Modular/Pre-fab - 30
Loft Style - 132

Total Sold Listings (2010) - 12,076 (+2,476)

Single Family Detached - 10,264 (+2,100)
Patio homes - 151
Townhouses - 711
Apartment Style - 629
Gemini/Twin Homes - 75
Manufactured/Mobile Housing - 229
Modular/Pre-fab - 6
Loft Style - 11

Number of Active & Sold Listings in the Phoenix-Metro Area (2/21/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 35,318 (-252)

Single Family Detached - 27,630 (-178)
Patio homes - 754
Townhouses - 2,649
Apartment Style - 2,616
Gemini/Twin Homes - 313
Manufactured/Mobile Housing - 1,194
Modular/Pre-fab - 28
Loft Style - 134

Total Sold Listings (2010) - 9,600 (+1,489)

Single Family Detached - 8,164 (+1,251)
Patio homes - 110
Townhouses - 559
Apartment Style - 508
Gemini/Twin Homes - 57
Manufactured/Mobile Housing - 191
Modular/Pre-fab - 5
Loft Style - 6

Phoenix OKs $1B solar landfill deal for Tessera in Buckeye

"Tessera Solar received final approval from the Phoenix City Council to build a solar plant estimated at $1 billion on a city landfill in Buckeye.

The Houston company will build a 150- to 200-megawatt system at the landfill on the west side of State Route 85. The project will be built on about 1,200 acres, and Phoenix officials said it will generate about 300 construction jobs."

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Phoenix OKs $1B solar landfill deal for Tessera in Buckeye

Number of Active & Sold Listings in the Phoenix-Metro Area (2/14/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 35,570 (+316)

Single Family Detached - 27,808 (+202)
Patio homes - 741
Townhouses - 2,710
Apartment Style - 2,634
Gemini/Twin Homes - 317
Manufactured/Mobile Housing - 1,203
Modular/Pre-fab - 27
Loft Style - 130

Total Sold Listings (2010) - 8,111 (+1,302)

Single Family Detached - 6,913 (+1,093)
Patio homes - 92
Townhouses - 466
Apartment Style - 428
Gemini/Twin Homes - 48
Manufactured/Mobile Housing - 153
Modular/Pre-fab - 5
Loft Style - 6

Number of Active & Sold Listings in the Phoenix-Metro Area (2/7/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 35,254 (+374)

Single Family Detached - 27,606 (+252)
Patio homes - 735
Townhouses - 2,658
Apartment Style - 2,599
Gemini/Twin Homes - 316
Manufactured/Mobile Housing - 1,187
Modular/Pre-fab - 27
Loft Style - 126

Total Sold Listings (2010) - 6,809 (+1,183)

Single Family Detached - 5,820 (+996)
Patio homes - 79
Townhouses - 380
Apartment Style - 354
Gemini/Twin Homes - 40
Manufactured/Mobile Housing - 127
Modular/Pre-fab - 5
Loft Style - 4

Number of Active & Sold Listings in the Phoenix-Metro Area (1/31/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 34,880 (-23)

Single Family Detached - 27,354 (-4)
Patio homes - 732
Townhouses - 2,609
Apartment Style - 2,526
Gemini/Twin Homes - 311
Manufactured/Mobile Housing - 1,205
Modular/Pre-fab - 30
Loft Style - 113

Total Sold Listings (2010) - 5,626 (+1,990)

Single Family Detached - 4,824 (+1,720)
Patio homes - 70
Townhouses - 301
Apartment Style - 286
Gemini/Twin Homes - 35
Manufactured/Mobile Housing - 102
Modular/Pre-fab - 4
Loft Style - 4

Foreclosure plague: 2009's worst-hit cities - Jan. 28, 2010

"Cities in the so-called Sand States dominated the foreclosure rankings in 2009, with the 20 worst-hit metro areas residing in Nevada, Florida, California and Arizona.

Las Vegas had the largest number of foreclosure filings of any city last year, with 12% of its households receiving at least one during the year, according to RealtyTrac, the online marketer of foreclosed homes. That was more than five times the national average."

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Foreclosure plague: 2009's worst-hit cities

Home sales fall on tax credit uncertainty

"Home sales last month saw their biggest drop in more than 40 years as buyers left the market because they weren't sure Congress would extend a tax credit for first-time home buyers.

After a surge in sales from September through November, existing home sales tumbled 16.7% in December from November, according to a report Monday from the National Association of Realtors (NAR). That is still 15% above the December 2008 level."

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Home sales fall on tax credit uncertainty

Pending home sales, prices on the rise

"January’s rise in pending home sales is a critical recovery indicator for Arizona’s real estate market, says Mesa analyst Michael Orr.

While that indicates prices are likely to increase, the recovery is expected to be shallow and slow, said the author of the Cromford Report, an online subscription-based resource on the metro Phoenix residential resale market."

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Pending home sales, prices on the rise

Number of Active & Sold Listings in the Phoenix-Metro Area (1/24/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 34,903 (+210)

Single Family Detached - 27,358 (+186)
Patio homes - 748
Townhouses - 2,628
Apartment Style - 2,513
Gemini/Twin Homes - 313
Manufactured/Mobile Housing - 1,192
Modular/Pre-fab - 29
Loft Style - 122

Total Sold Listings (2010) - 3,636 (+1,206)

Single Family Detached - 3,104 (+1,039)
Patio homes - 40
Townhouses - 207
Apartment Style - 185
Gemini/Twin Homes - 26
Manufactured/Mobile Housing - 70
Modular/Pre-fab - 2
Loft Style - 2

44 Monroe luxury condos in Phoenix on the road to foreclosure

"Most of the units in 44 Monroe, the swank, 196-unit luxury high-rise could be headed for foreclosure. The bank has filed a notice of trustee's sale, the first step toward taking over 182 unsold condos.

The units are scheduled to be sold to the highest bidder on April 14, according to county documents. A notice of trustee's sale doesn't always end in foreclosure but it's a signal that the project has serious financial problems."

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44 Monroe luxury condos in Phoenix on the road to foreclosure

Number of Active & Sold Listings in the Phoenix-Metro Area (1/17/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 34,693 (+483)

Single Family Detached - 27,172 (+403)
Patio homes - 745
Townhouses - 2,597
Apartment Style - 2,515
Gemini/Twin Homes - 319
Manufactured/Mobile Housing - 1,196
Modular/Pre-fab - 30
Loft Style - 120

Total Sold Listings (2010) - 2,430 (+1,156)

Single Family Detached - 2,065 (+980)
Patio homes - 33
Townhouses - 135
Apartment Style - 129
Gemini/Twin Homes - 18
Manufactured/Mobile Housing - 47
Modular/Pre-fab - 1
Loft Style - 2

Foreclosures hit record high in 2009

"Almost 3 million homeowners received at least one foreclosure filing during 2009, setting a new record for the number of people falling behind on their mortgage payments.

RealtyTrac, the online marketer of foreclosed homes, reported that one in 45 households -- or 2,824,674 properties nationwide -- were in default last year. That's 21% more than in 2008, and more than double 2007's total."

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Foreclosures hit record high in 2009

Foreclosure filings in 2009

"The number of homes receiving foreclosure filings is skyrocketing across the country."

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Foreclosure filings in 2009

Peoria, HOA near showdown over $570K unpaid water bill

"The Peoria Finance Department has rejected the Desert Harbor Home Owners Association's protest of payment on a more than $570,000 water bill, an accumulation of over two years of non-payment.

The city has now given the HOA until Jan. 29, extended from Jan. 15, to call for an administrative hearing or to risk having its non-potable water source shut off, as is the process with any other delinquent bill.

Bud Levey, the Desert Harbor HOA president, said he wasn't surprised by the city's denial. He said the association will take the next and final step with the city to fight the bill."

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Peoria, HOA near showdown over $570K unpaid water bill

Signed home sales contracts plunged in November

"Homebuyers abandoned the market in droves during November: They signed 16% fewer sales contracts than the month before.

This marks the first decline in the National Association of Realtors (NAR) Pending Home Sales index, released Tuesday, after nine straight months of gains. The drop also exceeded analysts' expectations: A panel of experts from Briefing.com had forecast a 2% decrease."

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Signed home sales contracts plunged in November

Number of Active & Sold Listings in the Phoenix-Metro Area (1/12/2010)

I will be posting the number of active listings in ARMLS (Arizona Regional Multiple Listing System) covering the Phoenix-Metro Area each week. Check back each week to see the updated numbers:

Total Active Listings - 34,210 (+25)

Single Family Detached - 26,769 (+150)
Patio homes - 731
Townhouses - 2,568
Apartment Style - 2,491
Gemini/Twin Homes - 324
Manufactured/Mobile Housing - 1,178
Modular/Pre-fab - 30
Loft Style - 120

Total Sold Listings (2010) - 1,274 (0)

Single Family Detached - 1,085 (0)
Patio homes - 15
Townhouses - 72
Apartment Style - 72
Gemini/Twin Homes - 6
Manufactured/Mobile Housing - 23
Modular/Pre-fab - 0
Loft Style - 1

Housing may be headed for double-dip

"The number of people preparing to buy a home in November fell sharply in the latest sign that the housing market, which had been rebounding strongly, may be headed for a "double-dip" downturn over the winter."

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Housing may be headed for double-dip

3 reasons home prices are heading lower

"After four months of gains, home prices flattened in October. Worse yet, industry insiders think that they'll soon start to fall.

Prices have risen more than 3% since May, according to S&P/Case-Shiller.

But most forecasts predict price declines in 2010, with possible losses ranging from anywhere from 3% on up. Fiserv Lending Solutions, a financial analytics firm, forecasts that prices will fall in all but 39 of the 381 markets it covers, with an average drop of 11.3%."

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3 reasons home prices are heading lower

Signed home sales contracts plunged in November

"Homebuyers abandoned the market in droves during November: They signed 16% fewer sales contracts than the month before.

This marks the first decline in the National Association of Realtors (NAR) Pending Home Sales index, released Tuesday, after nine straight months of gains. The drop also exceeded analysts' expectations: A panel of experts from Briefing.com had forecast a 2% decrease."

Click below to read more...

Signed home sales contracts plunged in November