Mike Orr of Cromford Report presents at Arcadia Tour Nov 16 11.wmv

Mike Orr from the Cromford Report presents to the Arcadia Tour on November 16, 2011. He gives his thoughts on the summary of his presentation with these points:
- REOs becoming fewer and less important
- Short sales and normal listings will dominate
- Demand far outpacing supply - Except in the luxury sector
- Downward pricing pressure has disappeared
- Average $/SF is now moving upwards - Especially for the low-end
- Spring 2012 likely to see frenetic buying

Category:

People & Blogs

Tags:

• Real Estate
• Statistics
• Phoenix
• Maricopa County
• Cromford Report