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Archive for the 'Everyday Stuff' Category

SCOTTSDALE – Scottsdale’s median home price in February dropped 23 percent compared to a year earlier as a surge in foreclosures hurt the market, according to the latest report from Arizona State University Realty Studies. The median price of an existing home was $395,000, down from $513,300 in February 2008. Foreclosures accounted for 40 percent [...]

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Good news for AZ, there is plenty of money going into the infrastructure! Major Phoenix-area freeway building ahead | Top Stories | FOX11AZ.com | News for Tucson, Arizona.

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What a crazy story, this kid will grow up to be a guitar hero superstar Baby born with 12 fingers, 12 toes – UPI.com.

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Builders building cheap homes

Article I found on the net, apparently builders are building homes with similar square footage but very cheap components to get the prices down. This destroys so much value of the more expensive homes right next door! “Once-standard features, such as additional cabinetry and smooth stucco, are now options. Ironically, the reduced features translate into [...]

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US Home sales rising!

All the news isn’t bad, US home sales are rising finally, almost half are distressed sales. Sales of previously owned homes in the U.S. unexpectedly rose from a record low, propelled by the biggest slump in prices since the Great Depression as foreclosures surged. Purchases rose 6.5 percent to an annual rate of 4.74 million [...]

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Teleportation Milestone Achieved

To all you Star Trek Junkies, they have been able to transport two atoms over a meter. This is the scary part: “In the Jan. 23 issue of the journal Science, the scientists report that, by using their protocol, atom-to-atom teleported information can be recovered with perfect accuracy about 90 percent of the time — [...]

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Phoenix Unemployment Numbers

From this article:  http://www.bizjournals.com/phoenix/stories/2009/01/19/daily52.html Arizona dropped 12,400 jobs in December in the private and public sectors, with 9,300 of those cuts coming in the Phoenix region, according to new state figures. The state lost 5,800 construction jobs during December and has shed 43,800 such positions since December 2007, according to the Arizona Department of Commerce. [...]

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AZREIA January Meeting

Got back from the AZERIA meeting Monday night (1/12/09) and was very excited about whats to come in Arizona real estate.  If you are not aware, AZREIA stands for the Arizona Real Estate Investors Association, and is a great group headed by Alan Langston. They hold monthly meetings with market updates, and have great educational [...]

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Phoenix losing people?

http://www.azcentral.com/news/articles/2009/01/12/20090112phxpopulation0107.html This article talks about how they think population in Phoenix could be declining. It is a possibility based on their research, but do you care? I don’t honestly, people come to Arizona for the weather. Last time I checked, that isn’t going anywhere! It might take a couple years, but eventually the foreclosure inventory [...]

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Happy New Year 2009

To all have a safe New Years Eve and I hope 2009 brings everyone success and happiness!

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