Metro Phoenix Economic Snapshot 2011 presented by Nate Martinez

Page 4

THINK REAL ESTATE INVESTING IS OUT OF REACH FOR YOU?

M E T R O

P H O E N I X

Did you know...that according to a 2009 National Association of REALTORS study of investors, nearly half of all investors had an annual income of less than $75,000? As the market continues to face the challenges of distressed properties and a difficult economy, real estate investors have the opportunity to find productive deals while helping our communities stabilize. Real estate investment supports a number of industries, including construction, retail and professional services, and is a strong way to energize and increase investment in our local economy. There is no better way to stimulate the movement of money than through buying and selling real estate. For decades, beyond the boom and the crash we have all experienced in the last few years, investing in real estate has proven to be a consistent and stable way for individuals to build wealth. When we look past the current economic chaos, we can see that real estate is still and has always been a solid way to invest in long term financial security. As a Certified Investor Agent Specialist, I have the training and experience to help you buy or sell your Valley real estate investments. Whether you are a skilled Performance Investor or a First-Time Home Buyer, I have the knowledge to help you grow your financial portfolio. If you think real estate investing is out of your reach, think again. There is no better time to buy than right now.

NATE MARTINEZ

Cell:

602.430.5226

Nate@NatesHomes.com www.NatesHomes.com www.NatesLuxuryHomes.com Follow us at

2010 Average Sales Price By City Glendale Phoenix Mesa Peoria

$133,134 $143,221 $160,274 $177,868

Litchfield Park

$202,689

Tempe

$203,726

Gilbert

$207,814

Chandler

$217,303 $362,177

Cave Creek

$448,931

Fountain Hills

$525,840

Scottsdale

$711,486

Carefree

$1,458,299

Paradise Valley

Statistics gathered from ARMLS. All information deemed reliable but not guaranteed. (Single-Family Residences)

2010 Sales Statistics By City City

Number of Sales

Average Days on Market

List/Sell Price Ratio

Number of New Listings in 2010

Surprise................................ 3,843................... 108...............98%................ 5,677 Glendale............................. 4,231..................... 80...............98%................ 6,977 Phoenix.............................. 18,002..................... 88...............96%............... 30,846 Mesa.................................... 6,405..................... 95...............97%............... 10,514 Peoria.................................. 3,232..................... 98...............97%................ 5,313 Litchfield Park......................... 667................... 100...............97%..................977 Gilbert.................................. 4,629..................... 99...............98%................ 7,439 Tempe.................................. 1,079................... 101...............96%................ 1,914 Chandler............................. 3,912..................... 99...............97%................ 6,528 Cave Creek........................... 587................... 131...............95%................ 1,080

The Real Estate Market What’s Expected in 2011?

Unemployment Consumer Spending GDP Growth A Review of the Economy in the New Year

Fountain Hills.......................... 454................... 175...............92%..................839 Scottsdale........................... 4,319................... 148...............93%................ 8,168 Carefree................................... 83................... 264...............91%..................181 Paradise Valley...................... 327................... 283...............89%..................726 Anthem.................................. 634..................... 95...............98%..................905 7111 W. Bell Road, Suite 101 • Glendale, AZ 85308 Office: 602.942.7000 | Fax: 602.532.7352 Each office independently owned and operated.

Statistics gathered from ARMLS. All information deemed reliable but not guaranteed. (Single-Family Residences)

Produced by Desert Lifestyle Publishing • 480.460.0996 • www.DesertLifestyle.net

Mortgage Interest Rates

A Look Back at the Good, the Bad and the Ugly


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