“As a general rule, the most successful man in life is the man who has the best information”
Benjamin Disraeli
Apr 30, 2013, 2:38pm MST Kristena Hansen Reporter-
Phoenix Business Journal
The comeback of the metro Phoenix housing market far outpaced the nation in February, posting the biggest year-over-year price gain out of the top metropolitan areas, according to the latest report by the Standard & Poor’s/Case-Shiller Home Price Indices.
Valley home prices surged by 23 percent in February from a year earlier, by far the biggest gain of all 20 cities measured on the index. Month over month, Phoenix-area home values climbed by a seasonally adjusted rate of 1.8 percent, tying for second highest along with Los Angeles and San Francisco. Las Vegas had the highest month over month increase at 2 percent.
All 20 markets posted gains during the 12-month period, together climbing an average 9.3 percent overall — the largest spike in nearly seven years, the report said.
“The 10- and 20-city composites recorded their highest annual growth rates since May 2006; seasonally adjusted monthly data show all 20 cities saw higher prices for two months in a row — the last time that happened was in early 2005,” David Blitzer, chair of the Index Committee at S&P Dow Jones Indices, said in the report.
Case-Shiller’s report came out the same day as CoreLogic’s foreclosure inventory report, which noted that Arizona and Phoenix had among the lowest foreclosure rates in the nation last month at 1.3 percent and 1.2 percent respectively.
Last week, CoreLogic announced that it acquired the Case-Shiller Indexes from Fiserv Inc. — which is different from the S&P/Case-Shiller indexes — for $6 million.
a little about me and my expertise – video
LAND SPECIALIST – LAND EXPERT – INVESTMENT BROKER – ARIZONA
https://www.youtube.com/watch?v=PPs3kpKR4nY
LAND SALES IN PHOENIX from 4-10-2013
http://walter-unger.com/?p=7956
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Walter Unger CCIM, CCSS, CCLS
I am a successful Commercial Investment Real Estate Broker in Arizona now for 15 years and I worked with banks and their commercial REO properties for 3 years. I am also a commercial and Landspecialist in Phoenix and a Landspecialist in Arizona.
1.
WHETHER YOU LEASE OR OWN
NOW IS THE TIME FOR YOU TO EXPAND, UPGRADE OR INVEST.
In my opinion we are at bottom of the cycle in Commercial Real Estate in Phoenix, so there is only one way and it’s called we are going up again and now is the time for you to expand, upgrade or invest in Commercial Properties in Phoenix. The prices on deals I may get you will not be around forever.
2.
IF YOU OR ANYBODY YOU KNOW IS IN TROUBLE WITH YOUR BUSINESS, AS MANY AMERICANS ARE IN THE MOMENT, AND ARE ABOUT TO LOSE YOUR COMMERCIAL PROPERTY, PLEASE CONTACT ME. IF YOUR BANK IS BEHAVING BADLY I MAY BE ABLE TO HELP YOU GET OUT OF SOME OR MAYBE A LOT OF FUTURE HEADACHES.
3.
WAITING TO SELL YOUR LAND ? TIMES CHANGE / IT’S TIME
We barely could give land away the last few years, but times are changing. Even in those meager years, I sold more land across the state than most other brokers. Before the real estate crash I was a land specialist in Arizona with millions of dollars of transactions, but then I had to change and also sell other commercial investment properties, which was fun, but I am a Commercial Landspecialist in Arizonal, a Commercial Land Specialist in Phoenix and love to sell land, one acre to thousands of acres.
Since I was a Land Specialist in Arizona and a Land Speciaost in Phoenix many of my clients, Sellers and Buyers remember me and now they are calling me again, so this is the time to get back into land and none of my clients, including future clients, will miss out on getting their best deal.
Also, if you are up-side down on your land, like many Americans, and the lender is giving you a hard time, now is the time to put your land on the market. Lenders are making deals now with short sales. I have been working with banks for many years – I learned how to work with them.
If you have any questions about the 1 to 3 above, about Commercial Investment Properties in Phoenix or Commercial Investment Properties in Arizona, I will gladly sit down with you and share my expertise and my professional opinion in Commercial Properties in Phoenix or Commercial Properties in Arizona with you.Obviously I am also in this to make money, but it could be a win-win situation for all of us.
Please reply by e-mail walterunger@ccim.net or call me 520-975-5207 (cell) 602-778-5110 (office direct).
Thank You
Walter
Walter Unger CCIM
Associate Broker
Kasten Long Commercial
2821 E. Camelback Road, Suite 600
Phoenix, AZ 85016
Cell: 520-975-5207
Direct: 602-759-1202
Office : 602-445-4141
Fax: 602-445-4188
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