The rise in listings under contract in 2016 has been under-whelming so far. Comparing the last seven years for normal listings across Greater Phoenix we see the following growth since Jan 1 and Jan 24:
2016 = 21.2%
2015 = 29.9%
2014 = 33.6%
2013 = 34.9%
2012 = 36.1%
2011 = 27.4%
2010 = 20.3%
2009 = 18.0%
Surprisingly 2016 is the weakest start to the year since 2010.
2010 and 2009 did see strong growth in listings under contract, but this was confined to the lender owned listings that dominated the supply at the time, not normal listings which were badly neglected.
Author:Dave Zajdzinski Phone: 480-332-6468 Dated: January 26th 2016 Views: 100 About Dave: ...
Dave Zajdzinski and the Z TEAM bring over 15 years of real estate experience to home buyers and sellers throughout Arizona. We have helped hundreds of families meet their real estate goals and Dave is consistently ranked one of the top realtors in the Valley. As a Certified Distressed Property Expert, Dave specializes in short sale transactions as well as traditional home sales. The Z TEAM is small enough to be personal throughout your sale yet large enough to handle any need with great detail.
Another S&P/Case-Shiller® Home Price Index® report has been released
"During this difficult housing market, we had a higher-end property that we needed to sell. Dave Z met with us, assessed our situation, and then listed the property. Even though the market was rather dire, effectively used his various resources to enable many potential buyers to view and then bid on the property. After we found the right buyer, and received an offer that was acceptable, Dave then effectively negotiated with the bank to get the deal to go through. Although I had been told by attorneys that the banks would not budge on their initial offer, when Dave did the bank negotiation, he got the offer to go through. We are pleased customers. Thanks Dave."