How long will it take to sell my Gilbert, Arizona home - February 2015

The average amount of time it took for a home in Gilbert, Arizona to sell had seen a huge increase from December 2014(80.9 days) to January 2015(94.9 days). That wild swing continued in to February when the average time it took to sell a home dropped all the way back down to 87.3 days. This drastic decrease in the Days on Market shows just how quickly the buyers wake up from their winter slumber that happens every year here in Arizona during January. It looks like the Spring buyers market is off to fast start already...read more.

Source: http://activerain.trulia.com/blogsview/461...

The Most Expensive Home sold in Arizona last week

Last week's most expensive home sold in Arizona was located in Paradise Valley which is one of the highest priced areas to live. This home was a rare multi-million dollar short sale and took almost an entire year to negotiate. Originally priced at $4.9 Million dollars the bank accepted almost a million dollars less for this breathtaking estate located on almost an acre and a half of land...read more.

Source: http://activerain.trulia.com/blogsview/461...

3 reasons why National Brokerages are losing clout

I've been a Real Estate Agent since 1998. I've been with a handful of National real estate brokerages during that time. Men routinely dressed in shirts and ties, women wore pant suits and everyone wore name tags. Back when I first started my real estate career some of my commission splits were as little as 50/50. High brokerage fees, office fees, and other fees used to be expected across the board. The benefit to hanging your license with a National brokerage was to take advantage of their brand recognition, marketing power, and supposed lead generation ability...read more

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Phoenix rental rates outpace the National average

As a whole, the Phoenix metro-area housing market is still very affordable but rental rates are now exceeding the National average. Rental rates in the greater Phoenix area rose by 5.6% in the past year, whereas rates only increased by an average of 3.3% overall across the Country. According to the latest housing numbers 36% of people in the Phoenix area are renters and the average monthly rent is $1,225...read more.

Source: http://activerain.trulia.com/blogsview/461...