|
Zip
|
Actives
|
Pendings
|
UCB
|
RATIO
|
|
85035
|
29
|
45
|
14
|
203.45
|
|
85019
|
29
|
43
|
14
|
196.55
|
|
85363
|
13
|
16
|
9
|
192.31
|
|
85017
|
26
|
33
|
15
|
184.62
|
|
85043
|
52
|
58
|
25
|
159.62
|
|
85335
|
67
|
74
|
31
|
156.72
|
|
85027
|
62
|
61
|
36
|
156.45
|
|
85033
|
59
|
67
|
24
|
154.24
|
|
85029
|
70
|
69
|
34
|
147.14
|
|
85306
|
43
|
45
|
17
|
144.19
|
|
85037
|
79
|
68
|
44
|
141.77
|
|
85323
|
79
|
68
|
44
|
141.77
|
|
85302
|
60
|
68
|
17
|
141.67
|
|
85304
|
44
|
42
|
18
|
136.36
|
|
85204
|
74
|
67
|
30
|
131.08
|
|
85345
|
89
|
73
|
37
|
123.6
|
|
85353
|
81
|
69
|
27
|
118.52
|
|
85031
|
37
|
33
|
10
|
116.22
|
|
85053
|
55
|
41
|
20
|
110.91
|
|
85051
|
84
|
59
|
31
|
107.14
|
|
85040
|
40
|
23
|
19
|
105
|
|
85210
|
49
|
37
|
14
|
104.08
|
|
85225
|
161
|
101
|
65
|
103.11
|
|
85301
|
75
|
53
|
23
|
101.33
|
|
85233
|
108
|
74
|
35
|
100.93
|
|
85307
|
16
|
10
|
6
|
100
|
|
85202
|
80
|
49
|
31
|
100
|
|
85283
|
74
|
46
|
27
|
98.65
|
|
85326
|
229
|
160
|
65
|
98.25
|
|
85041
|
148
|
100
|
42
|
95.95
|
|
85339
|
150
|
95
|
47
|
94.67
|
|
85224
|
91
|
50
|
36
|
94.51
|
|
85203
|
65
|
42
|
19
|
93.85
|
|
85392
|
112
|
78
|
27
|
93.75
|
|
85044
|
116
|
64
|
44
|
93.1
|
|
85381
|
68
|
44
|
19
|
92.65
|
|
85303
|
64
|
39
|
20
|
92.19
|
|
85201
|
73
|
38
|
28
|
90.41
|
|
85324
|
10
|
6
|
3
|
90
|
|
85282
|
97
|
46
|
41
|
89.69
|
|
85379
|
172
|
107
|
47
|
89.53
|
|
85382
|
168
|
93
|
55
|
88.1
|
|
86315
|
15
|
13
|
0
|
86.67
|
|
85296
|
170
|
105
|
41
|
85.88
|
|
85209
|
161
|
77
|
58
|
83.85
|
|
85295
|
167
|
84
|
55
|
83.23
|
|
86314
|
15
|
11
|
1
|
80
|
|
85120
|
92
|
53
|
20
|
79.35
|
|
85042
|
115
|
61
|
28
|
77.39
|
|
85373
|
128
|
71
|
27
|
76.56
|
|
85009
|
49
|
31
|
6
|
75.51
|
|
85284
|
74
|
34
|
20
|
72.97
|
|
85213
|
119
|
57
|
29
|
72.27
|
|
85308
|
235
|
115
|
53
|
71.49
|
|
85006
|
48
|
17
|
17
|
70.83
|
|
85008
|
79
|
36
|
19
|
69.62
|
|
85234
|
181
|
68
|
57
|
69.06
|
|
85286
|
143
|
44
|
54
|
68.53
|
|
85143
|
262
|
121
|
58
|
68.32
|
|
85022
|
167
|
76
|
36
|
67.07
|
|
85140
|
209
|
94
|
46
|
66.99
|
|
86335
|
3
|
2
|
0
|
66.67
|
|
85351
|
286
|
137
|
53
|
66.43
|
|
85023
|
89
|
35
|
24
|
66.29
|
|
85032
|
239
|
111
|
47
|
66.11
|
|
85205
|
157
|
72
|
30
|
64.97
|
|
85297
|
168
|
65
|
40
|
62.5
|
|
85013
|
98
|
36
|
25
|
62.24
|
|
85226
|
113
|
42
|
28
|
61.95
|
|
85024
|
118
|
42
|
30
|
61.02
|
|
85212
|
158
|
68
|
28
|
60.76
|
|
85257
|
122
|
40
|
34
|
60.66
|
|
85310
|
83
|
33
|
17
|
60.24
|
|
85355
|
65
|
28
|
11
|
60
|
|
85123
|
84
|
43
|
7
|
59.52
|
|
85338
|
315
|
121
|
63
|
58.41
|
|
85015
|
88
|
32
|
19
|
57.95
|
|
85206
|
176
|
77
|
25
|
57.95
|
|
85340
|
183
|
65
|
40
|
57.38
|
|
85208
|
197
|
78
|
35
|
57.36
|
|
85375
|
306
|
120
|
55
|
57.19
|
|
85553
|
7
|
4
|
0
|
57.14
|
|
85142
|
403
|
160
|
69
|
56.82
|
|
85388
|
140
|
57
|
19
|
54.29
|
|
85250
|
187
|
72
|
29
|
54.01
|
|
85281
|
153
|
43
|
39
|
53.59
|
|
85086
|
331
|
109
|
67
|
53.17
|
|
85374
|
374
|
143
|
54
|
52.67
|
|
85045
|
79
|
20
|
21
|
51.9
|
|
85050
|
170
|
42
|
45
|
51.18
|
|
85028
|
128
|
35
|
30
|
50.78
|
|
85395
|
239
|
95
|
26
|
50.63
|
|
85020
|
191
|
55
|
40
|
49.74
|
|
85138
|
369
|
119
|
62
|
49.05
|
|
85378
|
45
|
16
|
6
|
48.89
|
|
85007
|
56
|
15
|
12
|
48.21
|
|
85014
|
115
|
34
|
21
|
47.83
|
|
85048
|
210
|
63
|
37
|
47.62
|
|
85248
|
340
|
112
|
47
|
46.76
|
|
85003
|
60
|
19
|
9
|
46.67
|
|
85087
|
75
|
21
|
13
|
45.33
|
|
85249
|
341
|
89
|
64
|
44.87
|
|
85298
|
284
|
94
|
31
|
44.01
|
|
85016
|
248
|
71
|
38
|
43.95
|
|
85083
|
109
|
30
|
17
|
43.12
|
|
85383
|
474
|
133
|
70
|
42.83
|
|
85021
|
110
|
28
|
19
|
42.73
|
|
85215
|
138
|
33
|
25
|
42.03
|
|
85122
|
286
|
104
|
16
|
41.96
|
|
85254
|
328
|
73
|
62
|
41.16
|
|
85396
|
247
|
78
|
23
|
40.89
|
|
85004
|
49
|
8
|
12
|
40.82
|
|
86333
|
10
|
3
|
1
|
40
|
|
85207
|
308
|
75
|
47
|
39.61
|
|
85132
|
240
|
65
|
28
|
38.75
|
|
85139
|
136
|
38
|
13
|
37.5
|
|
85085
|
179
|
44
|
23
|
37.43
|
|
85331
|
339
|
63
|
63
|
37.17
|
|
85251
|
406
|
96
|
53
|
36.7
|
|
85305
|
61
|
16
|
6
|
36.07
|
|
85260
|
328
|
64
|
50
|
34.76
|
|
85018
|
324
|
69
|
43
|
34.57
|
|
85539
|
3
|
1
|
0
|
33.33
|
|
86334
|
3
|
1
|
0
|
33.33
|
|
85361
|
51
|
14
|
3
|
33.33
|
|
85131
|
59
|
17
|
2
|
32.2
|
|
85119
|
212
|
42
|
24
|
31.13
|
|
85194
|
90
|
24
|
4
|
31.11
|
|
86327
|
13
|
2
|
2
|
30.77
|
|
85354
|
56
|
15
|
2
|
30.36
|
|
85387
|
99
|
20
|
9
|
29.29
|
|
85322
|
7
|
2
|
0
|
28.57
|
|
85268
|
485
|
63
|
72
|
27.84
|
|
86323
|
15
|
3
|
1
|
26.67
|
|
85259
|
305
|
52
|
29
|
26.56
|
|
85173
|
23
|
5
|
1
|
26.09
|
|
85128
|
73
|
15
|
4
|
26.03
|
|
85263
|
131
|
21
|
12
|
25.19
|
|
85034
|
4
|
1
|
0
|
25
|
|
85145
|
4
|
1
|
0
|
25
|
|
85337
|
4
|
1
|
0
|
25
|
|
86303
|
56
|
12
|
2
|
25
|
|
85012
|
68
|
8
|
9
|
25
|
|
85193
|
25
|
3
|
3
|
24
|
|
85320
|
17
|
4
|
0
|
23.53
|
|
85258
|
458
|
57
|
49
|
23.14
|
|
85266
|
275
|
40
|
23
|
22.91
|
|
85054
|
97
|
16
|
6
|
22.68
|
|
85544
|
56
|
11
|
1
|
21.43
|
|
85118
|
343
|
39
|
34
|
21.28
|
|
85255
|
778
|
84
|
76
|
20.57
|
|
85390
|
159
|
26
|
6
|
20.13
|
|
86326
|
5
|
1
|
0
|
20
|
|
86004
|
25
|
3
|
2
|
20
|
|
86017
|
46
|
4
|
5
|
19.57
|
|
86336
|
11
|
0
|
2
|
18.18
|
|
85262
|
564
|
59
|
41
|
17.73
|
|
85377
|
171
|
11
|
18
|
16.96
|
|
86047
|
6
|
1
|
0
|
16.67
|
|
85137
|
18
|
3
|
0
|
16.67
|
|
85501
|
24
|
4
|
0
|
16.67
|
|
85929
|
24
|
3
|
1
|
16.67
|
|
85253
|
473
|
35
|
41
|
16.07
|
|
85332
|
51
|
6
|
2
|
15.69
|
|
85603
|
13
|
2
|
0
|
15.38
|
|
85342
|
27
|
3
|
1
|
14.81
|
|
85541
|
244
|
34
|
2
|
14.75
|
|
86001
|
42
|
1
|
5
|
14.29
|
|
86005
|
102
|
10
|
4
|
13.73
|
|
86024
|
15
|
2
|
0
|
13.33
|
|
86332
|
24
|
3
|
0
|
12.5
|
|
86301
|
28
|
3
|
0
|
10.71
|
|
86305
|
76
|
7
|
0
|
9.21
|
|
85931
|
11
|
0
|
1
|
9.09
|
|
86401
|
12
|
1
|
0
|
8.33
|
|
85933
|
135
|
9
|
1
|
7.41
|
|
85901
|
97
|
6
|
1
|
7.22
|
|
85348
|
17
|
1
|
0
|
5.88
|
|
85362
|
21
|
1
|
0
|
4.76
|
|
86046
|
22
|
1
|
0
|
4.55
|
|
85554
|
25
|
0
|
1
|
4
|
|
85928
|
27
|
1
|
0
|
3.7
|
|
85935
|
31
|
1
|
0
|
3.23
|
|
86329
|
2
|
0
|
0
|
0
|
|
85001
|
3
|
0
|
0
|
0
|
|
85328
|
3
|
0
|
0
|
0
|
|
85634
|
3
|
0
|
0
|
0
|
|
85658
|
3
|
0
|
0
|
0
|
|
85927
|
3
|
0
|
0
|
0
|
|
85940
|
3
|
0
|
0
|
0
|
|
85924
|
4
|
0
|
0
|
0
|
|
85939
|
4
|
0
|
0
|
0
|
|
86018
|
4
|
0
|
0
|
0
|
|
85192
|
5
|
0
|
0
|
0
|
|
86038
|
6
|
0
|
0
|
0
|
|
86411
|
6
|
0
|
0
|
0
|
|
86322
|
7
|
0
|
0
|
0
|
|
0
|
10
|
0
|
0
|
0
|
|
86337
|
10
|
0
|
0
|
0
|
|
86343
|
13
|
0
|
0
|
0
|
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Tuesday, April 7, 2015
April 2015 - Phoenix Market Hotness - Zip Codes
Updated numbers for market hotness show another steady increase in the number markets considered "hot". We are now at 27 markets over 100 ratio. We should continue this trend for May and June, and then I think we will see a decrease. Keep on buying in the hot markets!
Wednesday, February 18, 2015
Phoenix Area - February 2015 - Slightly Optimistic Outlook
February Market stats are out from ARMLS and they are a little less bullish on the market as compared to January. The over feeling is still an optimistic outlook but demand remains very low.
From an investor selling standpoint, we see sales picking up and nicely remodeled homes are selling quickly. Buyers are asking for tons of repair items on the BINSR and we are usually accommodating them to avoid a risk of cancellation. Most of our flips are selling in under 2 weeks and in some cases with multiple offers. To see where market hot spots are, check out this blog post on contract ratios.
From an investor buying standpoint, January was a tough month to buy flips. The competition that was snoozing over the holiday break definitely woke up. We lost out on a lot of flips but recently we've picked up a few.
Based on information from Arizona Regional Multiple Listing Service for the period February 2014 to February 2015. ARMLS Copyright 2015.
From an investor selling standpoint, we see sales picking up and nicely remodeled homes are selling quickly. Buyers are asking for tons of repair items on the BINSR and we are usually accommodating them to avoid a risk of cancellation. Most of our flips are selling in under 2 weeks and in some cases with multiple offers. To see where market hot spots are, check out this blog post on contract ratios.
From an investor buying standpoint, January was a tough month to buy flips. The competition that was snoozing over the holiday break definitely woke up. We lost out on a lot of flips but recently we've picked up a few.
"With both the number of pending sales contracts and the number of UCB listings being greater than last year at this time, it is anticipated that February 2015 sales volume will exceed the volume of 5,474 of February 2014. We may only be taking baby steps at this time but our market is modestly moving forward." - From ARMLS
"Buy Buy Buy, it is going to be a good year." - From ReZamp
Based on information from Arizona Regional Multiple Listing Service for the period February 2014 to February 2015. ARMLS Copyright 2015.
Monday, January 19, 2015
Phoenix Area - Jan 2015 Stats - Optimistic Outlook
Here are the Jan 2015 ARMLS Stats. Third and fourth quarter of 2014 was much better than the year prior. I've been optimistic about the Phoenix Market this year and ARMLS agrees as well. I will continue to buy at an aggressive pace.
My flips are moving at much quicker pace, and I'm selling for a nice premium. Inventory has remained steady much of last year and I think sellers are now accustomed to the market. In early 2014 they were hoping for the big pickup they saw in 2013, but it just was not there.
As long as interest rates stay low, we should see a strong year in real estate.
Based on information from Arizona Regional Multiple Listing Service for the period January 2014 to January 2015. ARMLS Copyright 2015.
My flips are moving at much quicker pace, and I'm selling for a nice premium. Inventory has remained steady much of last year and I think sellers are now accustomed to the market. In early 2014 they were hoping for the big pickup they saw in 2013, but it just was not there.
As long as interest rates stay low, we should see a strong year in real estate.
From ARMLS - "People are feeling better about themselves. I feel it’s a safe bet to say 2015 sales volume will exceed 2014. I don’t think it will be the breakout year we've been awaiting, but in terms of sales volume, it will definitely be better.
Based on information from Arizona Regional Multiple Listing Service for the period January 2014 to January 2015. ARMLS Copyright 2015.
Thursday, January 15, 2015
How to Rock your Remodel Designs
To stay on top of current trends, you need to hire a designer for your remodels. I paid $1500 for a designer to go through and pick out all colors and material for my flips. I will probably do it again in another month or two. The result? Every house is moving quickly and selling for 10K+ more than I thought.
As an example - here is the latest new remodel coming from ReZamp. Purchased for $142,500 from the MLS. I will try to push $250,000 as resale price. The remodel uses our new design colors and cabinets.
Numbers look good if it sells quickly for full price:
If you think it's expensive to hire a professional to do the job,
wait until you hire an amateur.
-Red Adair
As an example - here is the latest new remodel coming from ReZamp. Purchased for $142,500 from the MLS. I will try to push $250,000 as resale price. The remodel uses our new design colors and cabinets.
Numbers look good if it sells quickly for full price:
What do you think? Like the new design?
Wednesday, December 17, 2014
Real Estate is not as easy as you thought - That's okay, come work for ReZamp!
I want to let you know I want to hire you or one of the best people you know.
Do you want to do something fun and learn real estate at the same time?
Do you want to be around people who crush real estate everyday? (yes, I used the word crush)
Do you want to try new things and learn from the best?
Do you want to drive around on our golf cart?
If so, I want you. Click here to apply.
We are hiring for ReZamp.com, the most advanced real estate company on the planet (in my opinion).
At our company we accept only the best people. We are looking for above average people who want to jump start their real estate career.
You get a chance to learn from the best real estate investors in the valley.
The only caveat is that culture fit is important!
If you have a friend who you think is awesome, I want you to refer to them us!
If you are seriously experienced in any job below, apply.
Here is what we are hiring for:
Are you ready to learn real estate?
Click here to apply.
Do you want to do something fun and learn real estate at the same time?
Do you want to be around people who crush real estate everyday? (yes, I used the word crush)
Do you want to try new things and learn from the best?
Do you want to drive around on our golf cart?
If so, I want you. Click here to apply.
We are hiring for ReZamp.com, the most advanced real estate company on the planet (in my opinion).
At our company we accept only the best people. We are looking for above average people who want to jump start their real estate career.
You get a chance to learn from the best real estate investors in the valley.
The only caveat is that culture fit is important!
- We are looking for confident people but not cocky people
- We looking for competitive people
- We are looking for someone who likes thai food and beer.
If you have a friend who you think is awesome, I want you to refer to them us!
If you are seriously experienced in any job below, apply.
Here is what we are hiring for:
- Acquisitions Manager - Negotiations, contract writing, office manager
- Remodel Project Manager - Construction experience, can use a hammer or screwdriver
- Executive Assistant - Contract writing, follow ups, office management, etc
Are you ready to learn real estate?
Click here to apply.
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