Phoenix, AZ (PRWEB) January 03, 2013
Following a press release that appeared in SF Gate, Desert Property Investor announced its support of In Phoenix Realty Group's new suite of online real estate market analysis tools and listings, located on the web at http://www.phoenixmarkettrends.com. Desert Property Investor was aided in its conclusion by several data analysis highlights culled from the Phoenix Market Trends database for the purposes of the SF Gate story. Most notably, these statistical factoids for 2012 were:
1) Residential home prices (including vacation rentals Phoenix) rose 3.7% from November, 2012 to December, 2012, and are projected to rise again by 1% in January of 2013.
2) The annual median home price in the greater Phoenix area was up 27% for 2012 compared to 2011: $140,000 vs. $110, 000.
3) Phoenix short sales were down in 2012, to 22%, -- from 29% in 2011.
4) 35% of Phoenix properties are currently being purchased for cash, as opposed to 8% in the years preceding the recession.
Desert Property Investor was particularly impressed with the in depth statistical analyses (combined with up-to-date market listings) offered by the Phoenix Market Trends website -- a powerful new search portal for the real estate professional, individuals looking for property investment tips or anyone looking to buy or sell Phoenix properties.
Desert Property Investor announced its support of In Phoenix Realty Group's new online real estate market analysis website, called PhoenixMarket Trends Dot Com. DPI has concluded that the new site is fully equipped to gauge, in depth, trending activity in the Phoenix market, while simultaneously offering both buyers and sellers an excellent online space to list available properties.
About Desert Property Investor:
Desert Property Investor evaluates opportunities, pitfalls, services, and legislation related to the investment in residential property in the California, Arizona and Nevada deserts.