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What’s happening in Real Estate in the valley these days? As of today there are over 52,000 homes on the market in the valley and 5,179 in Scottsdale. With reference to Scottsdale's 5,179 listings, 1,169 are single family homes over $500,000 on ½ acre lots or larger and 125 are in escrow with the same criteria. There are currently 7,109 homes in escrow in the valley. This includes all home types in all price ranges.

The number of homes in escrow is similar to that in a “normal” real estate market, however, with the number of homes currently for sale the picture is skewed. Investors selling off homes that they purchased over the past few years and homeowners facing foreclosure has increased the number of available homes and in some areas this has affected pricing for people selling a home. In Scottsdale, the prices have been fairly stable while the time on market has increased.

For more detailed information on your area, contact Jen Kelly @ 480-991-0118 for property statistics or a market analysis.  Future BLOGS will show statistics for the valley as a whole and additional general info.  Keep checking back or sign up to be alerted when a new blog is posted here.

It's amazing the changes that have occurred in the last 10-15 years with communication in business and in our personal lives. It wasn't too long ago that the fax machine was a new and exciting tool to utilize in offices across the globe.  Today we live in a world of instant gratification and the internet, e-mail, instant messaging, cell phones and i-pods help us achieve our most sought after goals.

Searching for a home is even done online.  Over 80% of buyers all over the world start their search on line and most of them tap into web resources such as Realtor.com.  At Arizona Real Link, we realize the direct connection a buyer looks for when shopping for Real Estate on line and have made our presence known in this arena.  Keeping up with buyer and seller trends is key to getting our listings to the top of the heap!  With more than 50,000 homes listed in the Valley of the sun, expanding and updating our marketing efforts on a regular basis is of the utmost importance.

Call Jen at 480-991-0118 to find out more about the advantages of listing your home with Jen & Nick at Arizona Real Link.