Jamie Geiger

There was a significant drop in residential resale inventory in March 2009. In Feb 2009 there were 57,435 active listings and in Mar 2009 there were 48.836. As of today there are 44,380 residential homes for sale (single family homes, condos etc)

Phoenix Home Prices Still Declining

I get asked a lot- are we at the bottom? I wish I had a crystal ball. In my opinion once the foreclosure inventory is flushed out, prices will stabilize. Inventory is declining so that is a good sign.

Phoenix Foreclosures

Currently of the active listings, 9947 are foreclosures.

My son asked my last week "if you could live anywhere, where would it be?" At the time I told him I was very happy where we live now, except I would like to remodel my kitchen. Then yesterday we drove by "The Pecans" the neighborhood my oldest son loves to drive through, and I changed my answer. If I were a millionaire- this is were I would build my dream house.

Located in Queen Creek, on the SW corner of Chandler Heights and Ellsworth, the Pecans features the ultimate in luxury living, in a gated 260 acre pecan orchard.

Featuring 3/4 acre homesites and uniquely designed luxury homes with a European flair. All homes are held to a specific design guide to ensure only the finest homes will be built in this very exclusive community.

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