Captain Bill 

Real Estate Broker/Owner

Val Vista Lakes Home Near Clubhouse Sold Above List Price

This post will be long because I want to compare two similar listings in the same Val Vista Lakes master community that sold for a difference in price of $21/sf. One was $97/sf and ours was $118/sf. Hopefully this post will educate sellers that there is a huge difference in good marketing and just putting a listing on the mls.

So if any sellers are interested in learning what good marketing will do for your...

Phoenix Housing Market Report

The Phoenix housing market was one of the hardest hit in the housing crash, and was one of the first to begin the long road to recovery. In September 2011 the Phoenix housing market began a price increase that continued upward to result in a 27% increase in price for the past 12 months.

After June this year the Phoenix housing market price increase began to slow and level off. One reason is that from July to December is the show season in...

Val Vista Lakes Waterfront Home in Gilbert Wanted for Buyer

Inventory of waterfront homes, and non waterfront homes is very low in Val Vista Lakes today. Currently there are only three waterfront homes for sale in Val Vista Lakes. Two are beautiful homes priced in the one million dollar plus range, and one home priced at slightly over five hundred thousand dollars. See links to these properties below.

I have two buyers looking for a waterfront home.

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Contract Ratio indicates how "hot" a market it. It specifically measures the number of active sales contracts under negotiation relative to the supply of active listings.

The higher the number the greater the buying activity relative to supply. If this number rises then it is a sign of growing contract activity and a positive signal for sellers.

Conversely a falling number is a sign of a weakening market - either supply of active listings is increasing or...

Below is a list of cities that have a very low supply of inventory. You'll experience multiple offers here. There are also other cities, such as Gilbert that are receiving multiple offers.



............City...Zip...Months Supply

1. Phoenix 85035 - 1.1
2. Phoenix 85037 - 1.5
3. Phoenix 85017 - 1.5
4. Phoenix 85031 - 1.5
5. Glendale 85303 - 1.5
6. Glendale 85301 - 1.6
7. Glendale 85302 - 1.7
8. Glendale 85307 - 1.7
9. Avondale 85392 - 1.7
10. Phoenix 85009 - 1.8
11. Phoenix 85033 -

...