I will be out of the country on a long awaited 2 week transcontinental cruise with my hubby.  We’ll be visiting Bermuda, Ireland, France & England in an environment that is phone and computer free (a much needed break to my 15 hour workdays!)!

So…no Blogging until I return.

In the meantime, I leave you with the Ugly Home Marketing Photo of the Day.  I call this one shadow-puppets…OR “Looking for the body?”

Hmmm…looks like an elephant smelling a monkey on his head. 
Or…is it a man trying to remember where he buried the dog?
Either way…Don’t think I’ll put it on the short list for my buyers.

The Real Estate Market in the Phoenix East Valley continues to show improvement.  Almost all cities show a reduction in active listings and steady buyer activity.  Interesting to note that homes that are selling are typically NOT short sale listings.  In Maricopa where there is a very high ratio of short sale listings for example, of the 48 homes that went under contract last week, only 5 were short sale listings.  We continue to see a high value in homes that are well cared for with a seller who has realistic expectations.  This is the type of home that IS selling. 

The East Valley just last week dipped below 12 months of inventory.  In a normal, balanced market we carry an average of 6 months worth of inventory. 

There was 15.7 months worth of inventory in the East Valley during the last week of October, 2007. We have experienced a gradual reduction in that inventory most noticeably over the last 4 weeks and this could be confirming that we have finally hit bottom.  If so, we should notice a plateau over the upcoming months with a gradual return to normal appreciation.  Good news for homeowners in the East Valley!

For more Information visit Chandler Arizona Real Estate.  This information was provided by Amy Jones, a multi-million dollar top producing Realtor with RE/MAX Elite. Amy specializes in residential, vacation homes & cabins, as well as retirement communities in the communities of Ahwatukee, Chandler, Fountain Hills, Gilbert, Maricopa, Mesa, Paradise Valley, Queen Creek, Scottsdale, Sun Lakes, Tempe and the White Mountain communities of Pinetop/Lakeside & Show Low.  Search the Arizona MLS.

The media is quick to jump on the gloom and doom bandwagon regarding the current real estate market around the country.  Why aren’t they reporting on what’s been happening in the Phoenix Metro area over the last few weeks?

The market reports are reflecting a recent steady improvement to our market (see chart below). 

Yes, Buyers are buying and sellers are smiling.  Let’s shout it from the rooftops…or at least from our nightly news?

For more Information visit Chandler Arizona Real Estate.  This information was provided by Amy Jones, a multi-million dollar top producing Realtor with RE/MAX Elite. Amy specializes in residential, vacation homes & cabins, as well as retirement communities in the communities of Ahwatukee, Chandler, Fountain Hills, Gilbert, Maricopa, Mesa, Paradise Valley, Queen Creek, Scottsdale, Sun Lakes, Tempe and the White Mountain communities of Pinetop/Lakeside & Show Low.  Search the Arizona MLS.

…and stop the imposition of a new tax on your home, business or property. 

The No New Tax On Our Homes initiative will prohibit the double taxation of your home, land, or commercial real estate in Arizona by banning a real estate transfer tax through a constitutional amendment on the November 2008 ballot.

Real estate transfer taxes would make private proprety ownership out of reach for many people.  Arizona’s ability to provide affordable housing, create small business ownership opportunities and help seniors and low-income residents keep their homes must be protected.

A real estate transfer tax creates double taxation, weakening the economy by making it harder for owners to sell their property and reducing the equity property owners have worked hard to build.

Tell your firends to vote YES (I know…that’s confusing) on the NO NEW HOME TAX BALLOT MEASURE!

For more Information visit Chandler Arizona Real Estate.  This information was provided by Amy Jones, a multi-million dollar top producing Realtor with RE/MAX Elite. Amy specializes in residential, vacation homes & cabins, as well as retirement communities in the communities of Ahwatukee, Chandler, Fountain Hills, Gilbert, Maricopa, Mesa, Paradise Valley, Queen Creek, Scottsdale, Sun Lakes, Tempe and the White Mountainscommunities of Pinetop/Lakeside & Show Low.  Search the Arizona MLS.