You miss 100 percent of the shots you never take, and if you think it’s expensive to hire a professional to do the job, wait until you hire an amateur. FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. PLEASE LET ME KNOW HOW I CAN HELP YOU. Call me if you want to sell your property and need an estimated value. Phone / Prefer cell: 520-975-5207
Office: 480-948-5554 or email me walterunger@ccim.net. – What is a CCIM. –
In Business and in Life you don’t get what you deserve, you get what you Negotiate.
LOOKING FOR SELLERS AND BUYERS Land – Industrial – Retail – Office- Multifamily
contact me if you want the me to get you the value of your property.
CLICK HERE TO VIEW ALL MY LISTINGS.
RESALES IN METRO PHOENIX DROPPED IN JANUARY, BUT HOME PRICES STILL CLIMBED TO A NEW RECORD.
Catherine Reagor Arizona Republic March 7, 2021
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The Valley’s median home price hit a new record in the first month of the year and likely climbed by another $5,000 in February. Last month’s housing data is still being tallied.
Too few existing homes for sale in the Phoenix area continues to push up prices as buyers try to outbid each other for houses on the market.
That lack of supply of existing homes for sale is giving the region’s new-home market a boost, with both prices and sales increasing.
“We are now facing a full-blown sellers’ market on steroids,” said housing analyst Tom Ruff with the Arizona Regional Multiple Listing Service’s Information Market. “Our pending price index has underestimated the median sales price for nine consecutive months, with prices exceeding our mathematical models.
“Our current market is beyond description. We’re hearing of properties selling as soon as they hit the market, with multiple offers and offers well above asking price,” he said. “I can only imagine the stress buyers’ agents are experiencing.”
Hot housing indicators
Though resales were down from December, January 2021 was still the best-ever January for metro Phoenix home sales, according to ARMLS.
Home sales were down 26.8% in January compared with December. But the 7,076 resales recorded during the first month of 2021 beat the previous January sales record from boom year 2005 by almost 7%.
The Valley’s median resale price hit $340,000 in January, up almost 21% from January 2020.
The area’s median price is expected to have climbed to $345,000 in February, based on pending sales.
About 9,500 houses are listed for sale in the Phoenix area. That’s 41% lower than in February 2020, when the supply of homes for sale already was considered too low.
In February, 2,180 new Valley homes sold, according to Belfiore Real Estate Consulting. That’s up 20% from February 2020.
The median price of a new metro Phoenix home is about $381,000, up 15% from last year.
Higher and higher prices forecast
Both new and resale home prices are expected to keep climbing this year and likely next year because of metro Phoenix’s steady growth, housing analysts say.
The area added about 90,000 people in 2020 and is expected to grow nearly as much this year.
Many of the Valley’s new residents are coming from pricier housing areas and can afford bidding wars.
Buyers hoping to find deals on metro Phoenix homes this year will be disappointed, said Tina Tamboer, Cromford Reports senior housing analyst.
“We can’t even start discussing prices going down until supply and demand are back in balance,” she said.
Reach the reporter at catherine.reagor@arizonarepublic.com or 602-444-8040. Follow her on Twitter @catherinereagor.
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FROM ME: Now is the time, if you are thinking of selling or purchasing your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County, Pinal County, Arizona / Office / Retail / Industrial / Multi-family / please call me on my cell 520-975-5207 or e-mail me walterunger@ccim.net. Investors and Owner / Users need to really know the market today before making a move. The market has a lot of moving parts. What is going on socio-economically, what is going on demographically, what is going on with location, with competing businesses, with public policy in general — all of these things affect the quality of selling or purchasing your Commercial Properties, Commercial Investment Properties and Commercial and large tracts of Residential Land Therefore, you need a broker, a CCIM (Certified Commercial Investment Member) who is a recognized expert in the commercial and investment real estate industry and who understands your needs. I am marketing my listings on Costar, Loop-net, CCIM, CREXi, Catylist, and various other web sites. I also sold hundreds millions of dollars’ worth of Investment Properties / Owner User Properties in Retail, Office Industrial, Multi-family and Land in Arizona and therefore I am working with brokers, Investors and Developers. I am also a CCIM and through this origination ( www.ccim.com ) I have access to marketing not only in the United States, but also international. Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me?
In Business and in Life you don’t get what you deserve, you get what you Negotiate.
LOOKING FOR SELLERS AND BUYERS Land – Industrial – Retail – Office – Multifamily
contact me if you want the me to get you the value of your property.
CCIM DEAL MAKERS FALL 2020 THE BIGGEST DEAL WALTER UNGER, CCIM, WITH WEST USA COMMERCIAL DIVISION IN PHOENIX REPRESENTED GCG HOLDINGS LLC IN ITS $29.43 MILLION SALE OF GOLD CANYON GOLF RESORT AND SPA IN GOLD CANYON, ARIZ., TO GOLD CANYON MJ LLC.
CCIM DEAL MAKERS FALL 2020 THE BIGGEST DEAL / WALTER UNGER, CCIM, WITH WEST USA COMMERCIAL DIVISION IN PHOENIX REPRESENTED GCG HOLDINGS LLC IN ITS $29.43 MILLION SALE OF GOLD CANYON GOLF RESORT TO GOLD CANYON MJ LLC.
Click here to find out what is a CCIM:
CLICK HERE TO VIEW ALL MY LISTINGS.
http://walter-unger.com/gold-canyon-resort-sells-for-29-4m/
Walter Unger CCIM
Associate Broker
West USA Commercial Division
7077 E MARILYN RD.
Suite 200, Building 4.
Scottsdale AZ, 85254
Phone: 480-948-5554
Cell: 520-975-5207
History of Arizona from 900 BC – 2017 -Timeline.
History of Arizona from 900 BC – 2017 -Timeline.
History of Arizona from 900 BC – 2017 -Timeline.
WHY PHOENIX? AMAZING!!! POPULATION IN 1950 – 350 K PEOPLE; “NOW 5 MIL”. – “5TH. BIGGEST CITY IN USA”
- DEMOGRAPHIC FACTS ABOUT MARICOPA COUNTY:
Walter Unger CCIM – walterunger@ccim.net – 1-520-975-5207 – http://walter-unger.com
Timeline of Phoenix, Arizona history
Facts of Arizona – year 1848 to 2013
CLICK HERE: Arizona Opportunity Zones As We Understand /maps. Interested!!! Please contact me.
Feel free to contact Walter regarding any of these stories, the current market, distressed commercial real estate opportunities and needs, your property or your Investment Needs for Comercial Properties in Phoenix, Tucson, Arizona.
Walter Unger CCIM
Associate Broker
West USA Commercial Division
7077 E MARILYN RD.
Suite 200, Building 4.
Scottsdale AZ, 85254
Phone: 480-948-5554
Cell: 520-975-5207
FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. PLEASE LET ME KNOW HOW I CAN HELP YOU PLEASE CALL ME
CLICK HERE TO VIEW ALL MY LISTINGS.
https://www.crexi.com/properties?searchBrokerId=17513
Also Call me if you need an estimated value of your Property.
Call me if you want to see a map with what is in the Construction Pipeline for Apartments.
Prefer cell: 520-975-5207, or email me walterunger@ccim.net. CLICK HERE TO VIEW ALL MY LISTINGS.
Check out my professional profile and connect with me on LinkedIn.
Walter Unger CCIM, CCSS, CCLS
I am a successful Commercial / Investment Real Estate Broker in Arizona now for 20 years. If you have any questions 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 with you. I am also in this to make money therefore it will be a win-win situation for all of us.
Please reply by e-mail walterunger@ccim.net or call me on my cell 520-975-5207
Reasons to Consider me for Commercial Referrals
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