The National Association of REALTORS® has reported the highest number of pending listings for the USA in 7 months for the end of February. We presume that this does not include what we locally know as UCB or CCBS listings.
The ARMLS pending listings stand today at 8,313 for all areas & types. This is the highest since May 28 (10 month ago), but if we include the UCB and CCBS listings we get a count of 13,547 under contract. This is the highest number recorded since June 28, 2013, which is 33 months ago. Just in the last month UCB & CCBS listings have grown by 15% and pending listings have grown by 12% . Last year at this time we saw UCB & CCSB listings grow by 12% (less than 2016). However pending listings grew by a very strong 22% during the same period last year. Overall under contract listings grew by 19% between Feb 28 and Mar 28 last year and by 13% this year. So our high under contract count at the moment is largely due to us starting at a higher number rather than an exceptional growth rate. You can see this effect here:
Author:Dave Zajdzinski Phone: 480-332-6468 Dated: March 30th 2016 Views: 401 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."