December Arizona Market Wrap Up
The first week of the year began with a bang. From both affiliated Realtors and non-affiliated Realtors, our call volume for Pre-Qualifications saw a sizable jump this week. Thank you and keep them coming. You can continue to rely on us to provide you with speedy responses for your clients. 
As we look forward to 2010, I would like to take this time to review the December 2009 Phoenix Market Data (Information provided by our friends at CromfordReport.com):
• Sales at 7,729 were UP 284 from November’s 7,445
• Active Listings at 38,938 were DOWN 608 from November’s 39,536
• Sales Per Year at 92,427 were significantly UP 33,225 from 2008’s 59,202
• Days on Inventory at 154 was DOWN 6 days from November’s 160 days
• Sales/SQFT at $91.26 was DOWN $0.71 from November’s $90.55
Please note that we had over 33k more homes sold in 2009 than in 2008. With the changes in the Phoenix market over the last two years, Realtors quickly figured out how to partner with asset managers, navigate the short sale process, and create solid partnerships with mortgage brokers to develop new business. We all realized that in order to survive in this business, we had to not only get creative, but simply get back to the basics. With the many new tools that we have learned, we are ready for an even more successful year in 2010.
Now is the best time for us to re-visit our partnerships and build stronger relationships. I look forward to meeting with you and hearing how we can further enhance our service to both you and your clients this year. I would also love to hear how we can become your preferred referral option for all of your partners and clients.
Here’s to an exciting and successful 2010!
