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Teri's Blog

Monday, 01 December 2008

Not all real estate practitioners are REALTORS®. The term REALTOR® is a registered trademark that identifies a real estate professional who is a member of the NATIONAL ASSOCIATION of REALTORS® and subscribes to its strict Code of...

Thursday, 27 November 2008

I don't know that I ever did the "Black Friday" thing, but I guess lots do. On the news last evening, there were tons of people sitting in line at Best Buy (since Tuesday night) in order to catch a good deal! WOW!!! I guess if...

Sunday, 09 November 2008

Each year, I am asked the question about the advisability of listing a home during the holidays! My answer is always a resounding 'YES'. During this period of time, we have many coming to Phoenix and Mesa to visit...

Thursday, 06 November 2008

In the last month, I have heard of two instances where a tenant signs a lease, pays a deposit, and then moves into their home - only to find out months later, that the rent they have paid to the landlord has not been paid to the lender;...

Saturday, 01 November 2008

Things are definitely looking up for our market. Keeping in mind that 6 months is considered a healthy market, I am enclosing a graph of Inventory and Solds in our entire MLS as well as a graph depicting our inventory and solds as of...

Sunday, 19 October 2008

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My Blog is Back!!! E-mail

Hi everyone: I'm back - finally!! When anyone has a website, it means that you are at the mercy of the internet and the ISP. Unfortunately due to a "glitch" in the system, I lost everything. Fortunately I had some of it backed up and my virtual assistant had the remainder backed up, and then we both had to go back in and re-do stuff. I think we're back in business.

Since the last time I posted, we are now at 47,904 active listings as of September 28! The numbers are not increasing as rapidly and homes can now be purchased at a more reasonable price. As I told you in one of my former posts, I'm finding homes - especially new homes - available for 2004 prices. Typically our homes appreciate 7% per year and in 2004 is when the prices started running wild. The builders were increasing their base price every week, investors were grabbing what they could, and thus our market in late 2004 and 2005. We had to get it back to "normal" starting in late Spring of this year. I will be posting regularly so I can bring everyone back up to speed on our market. Any questions, just give me a call. I'll be glad to answer whatever I can.

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