RECORD HOME SALES IN PHOENIX FOR OCTOBER

I hope you enjoy and get value out of this market update for the metro Phoenix and Scottsdale real estate market.

Since it is the first of November it is time to review the October home sales here in the metro Phoenix and Scottsdale real estate market.

Home closings set a new record this October. There were 7,027 Single Family Residences that closed escrow here in the Phoenix real estate market for October 2009. The last high was 2004, with 6,729 SFR closing escrow.

Today I review a few of the reasons why I believe the First Time Home Buyer Tax credit should be extended and how it is benefiting all home owners and America get the economy back on track.

Please don’t hesitate to comment or ask questions.

If you know anyone that is having trouble making their house payment and may need to private compassionate advise on the available options, send them our way. My goal is to keep homes from foreclosing, be it from Loan modifications, Forbearance, Short Refinance or Short Sales. They all help us and help America get back on track.

Just my opinion…Jeff Cameron