|Maricopa County Active Listings- 22,300|
|County Listings in April, 2011- 29,619|
|Carefree Active Homes Listed- 73|
|Carefree Active listed in Apr 2011
Carefree Bank-owned homes- 3
Carefree Homes Under Contract- 21
Carefree Homes sold last 30 days- 4
Cave Creek Active Homes Listed- 213
|Cave Creek Homes Under Contract- 157|
|Cave Creek Bank-owned Homes-
Cave Creek homes sold last 30 days- 71
|Scottsdale Active Homes- 1,883|
|Scottsdale Homes Under Contract- 1050
Scottsdale Bank-Owned Homes- 359
Scottsdale Homes sold last 30 days- 552
|Paradise Valley Active Listings- 277|
|PV Homes Under Contract- 74|
|Paradise Valley Bank-owned Homes- 25|
|PV Homes sold last 30 days-
Top Home Sale in the Valley
last 6 months-10814 E. Heritage Ct, 1610 Silverleaf, Scottsdale $6.2 million
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Carefree, (PW) from the Rumor Mill
Drivers heading North on Tom Darlington Drive have been noticing lately, a lot of activity in a natural mountain gap on Black Mountain, high up in the exclusive gated community of Hawk's Nest. It's clear that with the enormous site preparation, drilling, and retaining walls going in, that the area is in for a showcase residence when finished. Hints to who might be building this one-of-a-kind home can be found if you look at who use to own the home below it, members of the famed Wrigley Family.
A yellow arrow indicates the site of the newest home in Hawk's Nest. Directly below, is the current Carefree residence of the Wrigley's
Carefree Skyranch to celebrate their 50th Anniversary this November
Carefree (PW) It began as a dirt airstrip in the mid 1960's, as part of the original concept of Carefree and has evolved today to one of the nation's premiere gated airparks, as the place where celebrities like John Denver and Cliff Robertson flew, where Ed King of King Avionics lived and home of the hangar where Bayliner Boats first took shape. Prominent members included Capt. Bill Judd, highest-time pilot that TWA ever had, and Dr. Karl Edmark, inventor of the defibrillator. Check out the before and after to see what a difference 50 years as made at Skyranch
The ratio of distressed homes – typically bank-owned or pre-foreclosure short sales – took a dive last month compared to earlier in the year. May’s market share is down from 37 percent in April and 40 percent in March. However, it’s right on target with May 2010, when distressed properties made up 31 percent of the month’s sales.
Clear Capital says all spring and summer seasons, even since the 2006 downturn, see an increase in non-distressed sales volume, so a decline in the relative proportion of REO and short sales is pretty standard.
But last month, overall sales of previously owned homes dropped along with the distressed percentage.
NAR says its measurement of existing-home sales, which is based on transaction closings, fell 3.8 percent in May to a seasonally adjusted annual rate of 4.81 million and its lowest mark in six months.
The previous month’s figures were revised downward to reflect a 5.00 million annual sales pace. May’s numbers are 15.3 percent below the 5.68 million pace of May 2010 when sales were buoyed by the approaching deadline for the federal homebuyer tax credit.
The latest results from NAR were largely in line with market expectations. Median forecasts pegged the annual sales rate to come in at about 4.80 million. The number to hit for a “healthy market,” analysts say, is 6 million.
Total housing inventory at the end of May fell 1.0 percent to 3.72 million existing homes available for sale,
according to NAR’s report. That figure represents a 9.3-month supply at the current sales pace, up from a 9.0-month supply in April.
NAR’s data show that the national median price for existing homes sold last month was $166,500, 4.6 percent below the median price from a year earlier.
“Current housing market activity indicates a very slow pace of broader economic activity,” said Lawrence Yun, NAR’s chief economist. “The pace of sales activity in the second half of the year is expected to be stronger than the first half, and will be much stronger than the second half of last year.”
But for now, Yun blames the lending community and tight credit for restraining market activity.