From Where I Sit: Real Estate in the Golden Corridor

Real Estate Broker/Owner - Coldwell Banker ROX Realty
A discussion of current real estate trends and issues in Arizona's Golden Corridor (Pinal County, the fast-growing area between Phoenix and Tucson, centered on Casa Grande), including day-to-day market and brokerage business concerns as well as macro-economic factors affecting the area.
Notwithstanding the vagaries of the SFR fix and flip market (it comes and goes, and maddeningly so), rental yields are at the point where it makes sense to buy and hold. Of course, the full functionality of our property management division helps with that decision. Anyway, with net current cash ...
Casa Grande's premier master-planned defines quality living in Arizona's Golden Corridor. An elegant master-planned community in Casa Grande, Villago is a chance to “live away from the crowds and congestion of urban sprawl” while just minutes from the I-10 freeway and a short drive from historic ...
  It's not like I don't have anything to do these days…nothing transactional, of course, but it is tax time, we are still very active in SFR foreclosure buy/fix/flips (I hate that term, but…), and I'm spending lotsa time extending our business group's web marketing umbrella, growing existing bus...
...visit ROX Commercial to find out how my suspicions were confirmed.
Not just sorta confused.  REALLY.  TOTALLY.  CONFUSED. Every headline, blog, tweet and blast screams "home prices falling", "inventories growing", and "second wave/shadow inventory (pick one) coming". And yet, the winning bids for the last twenty houses I've bid on at auction have blown right pas...
Statistics can lie.  The blogosphere is rife with this study or that poll, earnestly cited by bloggers in support of their position(s).  I myself see dozens a day:  either the sky is falling or the sun is rising, depending on your perspective.  And as I was pondering this blizzard of stats while ...
Gotta love this commentary by my colleague Bea Lueck on the the challenges we all face when we decide to dive into the e-pool...and Lord knows we could use a chuckle on Monday morning!The "Great Rock" (as in Rock Earle) sent me an email earlier that included the Swanepoel Social Media 10 Day Acti...
Hindsight is really wonderful and clear, as we all know.  Looking back, I could not have written our first ROX REO 1 progress report at a better – or perhaps worse -  time than June 2010. We had just closed our first round of residential  REO resales, and our time-adjusted yields looked on targe...
Just back from a whirlwind mystery/birthday trip to Nashville during which we did our livers no favors, Woman and I opened what we call our 2010/2011 “Canadian Season” last night with two wonderful Canadian couples, sharing a barbecued steak dinner with seemingly unlimited red wine, under the sta...
Quantitative Easing (Part 2), that is.I'm no economist - thank my lucky stars - but I figure any sort of quantitative easing ends up sooner or later as inflation.  And that's good for all of us.  Because people naturally want to believe that tangible assets like real estate will become more valua...

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