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Industry mourns loss of Robert Bruss

 Nation’s top real estate writer passes away Robert Bruss, the nationally syndicated real estate columnist, author and investing expert read by thousands of consumers, passed away today at his Northern California home. Bruss was an Inman News columnist and dear friend of the real estate publishing company. He wrote seven real estate columns every week that were published in hundreds of newspapers across the country. For 23 years, Bruss wrote the weekly syndicated “Real Estate Mailbag” question-and-answer real estate column, the “Real Estate Notebook” feature on real estate trends, “Real Estate Law and You” about recent court decisions affecting real estate, and “Real Estate Book Review” features. “This incredible man…

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Case-Shiller home price indices updated for July 2007

 (See recent posts on Phoenix Case-Shiller Home Price Index.) The Case-Shiller index of home prices is the best measure of home price appreciation when looking at entire metropolitan areas in the United States. It doesn’t measure appreciation in smaller areas such as cities or zip codes, however. The Case-Shiller home price index for metro Phoenix fell 0.8% in July and was 7.3% below the peak home price in June 2006. Previous post on the Case-Shiller home price index for Phoenix here. As always, remember that Phoenix is made up of many sub-markets with some sub-markets doing much better than others. To take advantage of this Arizona real estate market, you…

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Slides from Elliot Pollack’s presentation to Greater Phoenix Chamber of Commerce

 Don’t miss the latest presentation from Elliot Pollack, economist. It lacks any audio but you can read between the slides. This is why I blame Arizona home builders for a lot of the weakness in the real estate market, especially on the fringes. The Arizona real estate market peaked in the summer of 2005 and Arizona home builders have still not significantly reduced their production of homes. The Arizona home builders are playing chicken with each other and it looks like production will not decline significantly until some of them go over the cliff. Unfortunately, Arizona home builders have pushed a lot of their former customers over the cliff in…

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Hello Phoenix Area Realtors!

 The Junior League of Phoenix would love to partner with you for a great opportunity to give back to your clients and the community! The Junior League is a non-profit organization of women committed to promoting voluntarism, developing the potential of women, and improving the community through the effective action and leadership of trained volunteers. Proceeds from the purchase of our cookbook, Pomegranates and Prickly Pears, goes to fund such charities and great projects as the Ryan House, The Children’s Museum of Phoenix, the Girl Scouts and the Wellness Community. Pomegranates and Prickly Pears would make a very classy and thoughtful Welcome Home present to new buyers. The book is…

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