Troy Erickson Realtor - Chandler and East Valley, Arizona Expert

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RECENT BLOG POSTS
Foreclosure prices in the Phoenix Metropolitan Area may be at bottom, but... The price of a Phoenix area foreclosed home is roughly the same as it was a year ago.  According to Arizona State University professor Karl Guntermann and his Repeat Sales Index, preliminary data shows that the median pr...
01/28/2010
2009 was a busy year for lenders.  Not because they were busy loaning out money to new home buyers, but because they foreclosed on nearly 41,000 single-family detatched homes here in Maricopa County.  Yes, it is a record, and it made up 35% of all existing home transactions for the year.  Becaus...
01/28/2010
Even thought Arizona has struggled with government budget deficits, high unemployment, and many people losing their homes due to the housing crisis, Arizona still ranks in the Top 10 for fastest growing states.  People are still interested in moving to Arizona, and there are a few reasons why.  F...
01/06/2010
Well 2009 has ended, and it's time for a new year of selling real estate.  Many folks thought 2009 was a pretty rough year, but it seems as though 2009 home sales in Metropolitan Phoenix wasn't so bad after all. We finished 2009 with monthly home sales in December of 7,723, which is double the mo...
01/06/2010
There could be major tax implications for those of you considering a Short-Sale.  For those of you who are thinking of short-selling your home, please read the following story.  There may be a huge tax liability from short-selling your home in order to avoid foreclosure. Many distressed homeowner...
12/19/2009
Chandler's link to light rail.Chandler has begun construction of 20 new bus stops along Arizona Avenue and Country Club Drive in order to establish a direct connection to the new light rail.  This $3.9 million project is funded through the federal stimulus money, and will be the Valley's second B...
12/19/2009
Median home prices in Phoenix consistently climbing, but what does that mean?According to Karl Guntermann, who publishes ASU's monthly Repeat Sales Index, valley median home prices have been slowly climbing since April of 2009.  This report tracks the difference in home prices that have sold mult...
12/18/2009
Once you have determined that you have a water leak, your toilets are the most likely place to find the water leaks.  Here's how you go about checking for leaks in your toilets.  First, before you dig in too deep, perform the dye test:1.  Remove the tank lid2.  Remove any in-tank cleaners3.  Chec...
12/15/2009
Water leaks in the home are more common than you think.  Higher water bill than normal?  Perhaps you have a water leak in your home that you don't know about.  Finding these leaks can be easier than you think.  Here's the first thing to do to see if you have a water leak in your home:1.  Locate y...
12/15/2009
No matter the market, pricing a home right is the most important thing to do.  I recently read an article that talked about Mr. and Mrs. home seller looking for advice on how to sell their home in this down market.  To give you a little background, this couple purchased their home back in 2003 fo...
12/14/2009
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Troy Erickson AZ Realtor (602) 295-6807

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