Comments for Walt Danley Realty http://waltdanley.com Representing Arizona's Finest Properties Thu, 05 Apr 2012 22:46:38 +0000 hourly 1 http://wordpress.org/?v= Comment on The Foreclosure Wave That Won’t Be by J.Lee http://waltdanley.com/blog/the-foreclosure-wave-that-wont-be/comment-page-1/#comment-109 J.Lee Thu, 05 Apr 2012 22:46:38 +0000 http://waltdanley.com/?p=2159#comment-109 Glad to hear someone refuting the scare tactics that are in play. When I was shopping for my house, I received so many links to articles claiming that the housing market was still poor or wasn't going to improve for years in the Phoenix area and that I shouldn't invest, etc. I can't claim to know whether an impending wave of foreclosures is or isn't bearing down on us, but I have witnessed several trends in the Phoenix real estate market that disprove what the media has claimed. I was in the market for a house for six months, confining myself to a certain price range and a small demographic area in South Scottsdale. From about September 2011 to March 2012, I watched the prices go up on comparable houses by about $10,000. I went from being the only bid an agent received to witnessing bidding wars that drove a house price way up. People are buying and the market is improving; I've seen it firsthand. Thanks for links to the facts and for understanding how to interpret data. Apparently Reuters struggles in that regard? Glad to hear someone refuting the scare tactics that are in play. When I was shopping for my house, I received so many links to articles claiming that the housing market was still poor or wasn’t going to improve for years in the Phoenix area and that I shouldn’t invest, etc. I can’t claim to know whether an impending wave of foreclosures is or isn’t bearing down on us, but I have witnessed several trends in the Phoenix real estate market that disprove what the media has claimed.
I was in the market for a house for six months, confining myself to a certain price range and a small demographic area in South Scottsdale. From about September 2011 to March 2012, I watched the prices go up on comparable houses by about $10,000. I went from being the only bid an agent received to witnessing bidding wars that drove a house price way up. People are buying and the market is improving; I’ve seen it firsthand.
Thanks for links to the facts and for understanding how to interpret data. Apparently Reuters struggles in that regard?

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