Samantha Goodman PLLC
Integrity & Experience
Mobile: (602) 526-7486     Fax: (623) 877-5455
March 22, 2011
March 22, 2011         
 
Happy Spring!!!  Hope you are enjoying this awesome weather!
 
A couple of items...here are a couple of interesting things that you might find useful for yourself or to pass on:
 
1) City of Phoenix has a great link that you can use to see if properties have had permits pulled and see inspections that were completed.  Whether it is to investigate a home you are looking to purchase or one you already own...you simply input the address and can check on ANY home!
 
 
**If you are looking to find out permit information for a property in another city and have trouble let me know I would be happy to assist you in directing you who to contact or where you can go to pull that information!
 
2) Neighborhood Stabilization Program
 
The city of Phoenix received a total of $115.5 million in Neighborhood Stabilization Program (NSP) funds to help stabilize Phoenix neighborhoods impacted by the foreclosure crisis. NSP homeownership programs offer $15,000 loans for down payment and closing costs and up to $40,000 for repairs of foreclosed homes in select ZIP codes.  No payments, zero interest.  Approximately $39.5 million is reserved for the acquisition and rehabilitation of foreclosed multi-family apartment communities to create or preserve affordable rental units (at or below 50 percent area median income) and/or eliminate blighting conditions.  For more information you can go to:  http://phoenix.gov/residents/stabilization/index.html
 
Don't hesitate to call if I can be of service & have a great week! 
 
 
 
 
                
 
 
 
Here are your Weekly Inventory Levels
 
Supply numbers are based on the number of closings in the previous month, divided into the total number of active listings today.   
This data is for Single Family Detached homes only and does not include Patio Homes, Condos, or Townhouses .
The total number of single family homes on the market in the Arizona Regional Multiple Listing Service is currently 25,564.
A  decrease since last week.    
We are seeing an average supply rate of about 4 1/4 months.
The current number of pending sales are 11,442.  An increase since last week
The current number of pending listings that are “active with contingencies”, are 6,015.  An increase since last week
  
                 Search #1 – Phoenix (City of Phoenix) 
 

·         Total of 5,694 active listings.  About a 3 9/10 month supply.   A decrease since last week.

 

 

Search #2 – West, Far SW & Far NW Valley

 

·         Total of 7,476 active listings.  About a month supply.   A decrease since last week. 

 

(Cities of: Cordes Lakes, Bumble Bee, Crown King, Wagoner, Yarnell, Date Creek, Constellation, Black Canyon City, Castle Hot Springs, Wickenburg, Aguila, Gladden, Morristown, Circle City, Wittmann, Harquahala, Tonopah, Paloma, Sentinel, Gila Bend, Mobile, Arlington, Hassayampa, Palo Verde, Congress, Peeples Valley, Yarnell, Cleator, Cordes, Glendale, Litchfield Park, Goodyear, Avondale, Tolleson, Cashion, Estrella Mountain Ranch, Laveen, Peoria, Surprise, Sun City, Sun City West, Glendale, El Mirage, Youngtown, New River, Anthem, Buckeye) 

 

Search #3 – Northeast Valley 

 

·         Total of 818 active listings.  About a 8 3/4 month supply.  A slight decrease since last week  

 

(Cities of: Rio Verde, Fountain Hills, Sunflower, Camp Creek, Desert Hills, Cave Creek, Carefree, Fort McDowell)

 

Search #4 – East Valley

 

·         Total of 5,670 active listings.  About3 3/4 month supply.  A decrease since last week.    

 

(Queen Creek, Chandler, Gilbert, Apache Junction, Gold Canyon, Tortilla Flat, Mesa, Tempe, Ahwatukee,Guadalupe, Komatke)

 

Search #5 – Southeast Valley  

 

·         Total of 1,207 active listings.  About a 3 month supply.  A decrease  since last week.

 

(Arizona City, Eloy, Picacho, Toltec, Arizola, Casa Grande, Randolph, Coolidge, Valley Farms, Florence, Johnson Ranch, Sacaton, Bapchule, Stanfield, Maricopa, Ak Chin, Santa Cruz)

 

Search #6 Scottsdale (Over 1 Million)

 

·         Total of 683 active listings.  About a 22 3/4 month supply.  A slight decrease  since last week

 

Search #7Scottsdale (Under 1 Million)

 

·         Total of 1,712 active listings.  About a 4 4/5 month supply.  A slight decrease  since last week.   

 

Search #8Paradise Valley (Over 1 Million)

 

·         Total of 352 active listings.  About 13 1/2 month supply.  A slight increase since last week.     

 

Search #9 –    50K-100K (Single Family Homes)

 

·         Total of 6,306 active listings.  About a 3 1/2 months supply.  A decrease since last week.   

 

 

Search #10 –  Under 50K (Single Family Homes)

 

·         Total of 1,515 active listings.  About a  2 months supply.   A decrease since last week.    

 

If your property is currently listed with a real estate broker or if you are currently working with another real estate agent, please disregard. 

It is not my intention to solicit the offerings of other real estate brokers.  I am happy to work with them and cooperate fully.


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West USA Realty
16150 N Arrowhead Fountain Center Dr. Suite #100 • Peoria, AZ 85382
Mobile: (602) 526-7486 • Fax: (623) 877-5455
Office: (602) 375-3300


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