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