Monday, December 5, 2011

12/05/11

Housing is in last phase of 'bubble,' expert says - Nishu Sood, director of Wall Street's Deutsche Bank Securities, used the term "revulsion" to describe the current phase of metro Phoenix's housing market. Sood was the lead speaker at the Scottsdale-based Land Advisors' third annual housing forecast for the Phoenix area, presented to a group of the region's top real-estate executives. He was quick to point out that revulsion was the last phase in the "bubble" cycle before recovery for the region's housing market. Sood feels more positive about Phoenix's housing market and its oncoming recovery than he did about many other parts of the country. Read article:
http://www.azcentral.com/business/realestate/articles/2011/12/01/20111201housing-last-phase-bubble-expert-says.html

Are the Holidays a Good Time to Sell? - Sixty percent of real estate professionals advise their sellers to list a home during the holidays because it’s a good time to sell. Seventy-nine percent of the agents surveyed said that more serious buyers come out during the holidays, and 61% say less competition from other properties make it a great time to sell. Plus, 17% of agents say the cold weather is actually a benefit, making homes feel more cozy. Read article:
http://realtormag.realtor.org/daily-news/2011/12/05/are-holidays-good-time-sell

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