Eric Karlene

Eric Karlene

SA630328000 Certified Distressed Property Expert English
11211 N. Tatum Boulevard Ste. 120 Phoenix AZ 85028
(602) 492-2897

Blog

Not Expecting This!

By Eric Karlene - September 22, 2020
  Seasonally things start to slow down a little bit after the kids go back to school. When I saw this report, I was actually surprised. I thought things would be leveling off. I follow the Cromford report daily to see what changes are happening in the market. This is what they posted today. "I have to admit I was not expecting the daily CMI chart to look like this: Having reached a pl

9/16 Market Update

By Madison Blean of Lawyer's Title - September 16, 2020
9/16 Market Update The intensity of today’s market is somewhat reflective of the 2005 housing market giving many people 2008 PTSD. Although the market may feel similar, in reality, it is very different. You must ignore the headlines and remember the media’s goal is to increase eyeballs for advertisers. Shocking stories sell. And you have to remember, every market is different. The Pho

Real Estate with Eric

By Eric Karlene - September 15, 2020

Three Offers per Sold Property

By Eric Karlene - September 14, 2020
  With so much buyer interest in the limited number of houses going up for sale right now, many hopeful homebuyers are being faced with competition when they put an offer on a house. DM me so we can go over what you need to know to successfully navigate a bidding war. #biddingwars #buyingahome #expertanswers #stayinformed #staycurrent #powerfuldecisions #confidentdecisions #realestate #re

Homebuyer Traffic Is on the Rise

By Eric Karlene - September 10, 2020
  One of the biggest surprises of 2020 is the resilience of the residential real estate market. Lawrence Yun, Chief Economist of the National Association of Realtors (NAR), is now forecasting that more homes will sell this year than last year. He’s also predicting home sales to increase by 8-12% next year. There’s strong evidence that he w

9/9 Market Update

By Madison Blean of Lawyer's Title - September 09, 2020
9/9 Market Update National Real Estate: Residential real estate is providing the most significant boost to the economy. While other industries struggle residential real estate is going gangbusters and is a part of the solution. “Perhaps in the middle of 2021, we will have more semblance of a balanced market.” Dr. Lawrence Yun, NAR Matthew Gardner, Windermere’s Chief Econom

Should I Sell My House This Year?

By Eric Karlene - September 04, 2020
  If one of the questions you’re asking yourself today is, “Should I sell my house this year?” the current Housing Opportunities and Market Experience (HOME) Survey from the National Association of Realtors® (NAR) should boost your confidence as it relates to the current selling sentiment in the housing market. Even with all the

How Will the Presidential Election Impact Real Estate

By Eric Karlene - September 02, 2020
  The year 2020 will be remembered as one of the most challenging times of our lives. A worldwide pandemic, a recession causing historic unemployment, and a level of social unrest perhaps never seen before have all changed the way we live. Only the real estate market seems to be unaffected, as a new forecast projects there may be more homes purchased this year than last

8/31 Market Update

By Madison Blean of Lawyer's Title - August 31, 2020
8/31 Market Update Projections, forecasts, and predictions are educated guesses and are the only guides we have available today. Navigating uncharted territory without a compass is challenging at best. Nothing about this year’s real estate activity fits into the usual cyclical patterns. Data companies are updating their projections seemingly daily. Projections are based on trends and it tak

8/26 Market Update

By Madison Blean w/ Lawyer's Title - August 28, 2020
8/26 Market Update Economic Indicators: Many economists are calling this a K shaped recovery. That means that some are having a positive recovery or are fully recovered while for others the struggle continues to worsen. Economist and real estate consultant, Elliott Pollack calls it the “have and have not economy.” Those with jobs have saved money and are in good financial standing.

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