Monday, April 13, 2009

A Turn in Phoenix Real Estate?

In the Phoenix real estate market, we have seen a bit of a turn. Or have we? This great blog post from Steve Belt details the story of how a buying frenzy in the last month or so has been located primarily in properties priced below $200,000. If you want more quantifiable data on current market conditions, I highly recommend Mr. Belt's blog. And no, Mr. Belt and I don't know each other personally so I'm not trying to promo his site; I just think that good info should be shared.

So what does this have to do with EZ Posting? Well, by our guesstimations, about 50% of all the Residential Real Estate ads on the Phoenix Craigslist site are priced at or below the $200,000 mark. That means that a TON of potential buyers for this kind of real estate are looking on Craigslist for their next home. If you have any properties around this price level, you MUST be advertising them on Craigslist! If you aren't, buyers are virtually passing over your potential sales in the blink of an eye. And with nearly 1000 ads being posted to the Phoenix Craigslist site alone, you MUST stay on top of those listings! Naturally, that's where we at EZ Posting come in to help you! We'll keep your listings up near the top, and give you a great looking ad while doing it!

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