Open House Buyers are out and about!

The buyers are out there!
Yesterday Sunday 6/22/08 on a hot 114 degree Arizona Sunday, I sat one of my listings on 85th in Westwing Mountain from 12:30 to 4:00om. To my disbelief, there were 6 couples through my open house. This was a sign that the buyers are out there looking and they are ready to buy. Two of the buyers are relocating from Kentucky and Ohio. Looking in the $500,000 to $900,000 range! They are out there and looking...no matter what the newspaper is reporting the actual people are out there and buying.

I have also been studying the sales to list price in the last 30 days and the spread has been decreasing from the sales spreads from 6 months ago. As an agent that has lived in the Valley for over 22 years, we have something special here in the valley...no natural disasters, yes it is hot, but better than dealing with the midwest winters! We also have an expanding job market, where years ago, Arizona was a retirement area. Our technoligical and medical fields are growing and there are more than 10,000 residents moving here a month! We are on the road to recovery, we need to be patient and remember that our houses are homes and we need to remember that when we see the investor home down the road go on the market with no furnishings and heart in the home at all!