When Is The Bottom?

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When do you think Phoenix are home prices will bottom?
If you're waiting for the bottom ... you missed it!

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When Is The Bottom?

  1. 1. When is the Bottom? … … for Phoenix area home prices? - The Ronald - February 3, 2010
  2. 2. 1 st Survey … <ul><li>How many of you live in one of these? </li></ul><ul><li>House </li></ul><ul><li>Condo/Townhouse </li></ul><ul><li>Apartment </li></ul><ul><li>Doublewide/Manufactured Home </li></ul><ul><li>Those that do - should be interested in the answer ! </li></ul>
  3. 3. 2 nd Survey … <ul><li>What date do you think will be the official Phoenix area home price bottom? </li></ul><ul><li>1 st Prize: $50 prize for persons who guess within 2 weeks! </li></ul><ul><li>2 nd Prize: Free admission to my next seminar for those who are within 1 year! </li></ul>
  4. 4. Data prepared by … <ul><li>Cromford Report </li></ul><ul><li>AZREIA – Arizona Real Estate Investor’s Association </li></ul><ul><li>Source: MLS sales for the Greater Phoenix area, verified by the Cromford Report </li></ul>
  5. 5. Active MLS Listings 6 mo. supply
  6. 6. Sales per Month 6,605 is highest Dec. since 2004 !
  7. 7. Sales per Month Dec & Jan is slow season
  8. 8. Pending Listings
  9. 9. Median Sales Price Bottom? Median not best measure
  10. 10. Price per square foot Bottom past !
  11. 11. Home Prices past Bottom ! <ul><li>The bottom for Phoenix area home prices: </li></ul><ul><ul><li>April 5-6, 2009 ! </li></ul></ul><ul><li>Did you read this in Arizona Republic? Phoenix Business Journal? </li></ul><ul><li>A few reasons: </li></ul><ul><ul><li>They don’t follow market trends as Home Providers (like us) & Investors do </li></ul></ul><ul><ul><li>Selling newspapers not homes </li></ul></ul><ul><ul><li>They look at year-over-year “trends” … </li></ul></ul>
  12. 12. Annual Appreciation Long-term average 3.5-5%/yr in Phoenix
  13. 13. Historical trend … 5.0% 3.5%
  14. 14. What-if … <ul><li>IF we return to 3.5% trend by YE 2012? </li></ul><ul><li>-> Prices would rise by 15.9%/yr ! </li></ul><ul><li>IF we return to 5.0% trend by YE 2012? </li></ul><ul><li>-> Prices would rise by 22.7%/yr ! </li></ul><ul><li>Since April … price/sf up 9.8% = 13%/yr ! </li></ul>
  15. 15. My open invitation … <ul><li>… to attend future seminars </li></ul><ul><li>Learn to Earn a higher Return – investing in real estate </li></ul><ul><li>A preview … </li></ul>
  16. 16. Learn to Earn a higher Return …
  17. 17. 2 Basic Ways to Invest CD or MP3 Private Mortgage Rental Property Car Loan Car Mortgage Home Bonds Stocks LOAN OWN
  18. 18. $10,000 Invested 2000-2009
  19. 19. $10,000 Invested 1999-2008
  20. 20. $10,000 Invested 1998-2007
  21. 21. Contact <ul><li>Ron Nawrocki (The Ronald) </li></ul><ul><li>B.I.Solutions Corp. </li></ul><ul><li>Verrado </li></ul><ul><li>1-623-249-4792 </li></ul><ul><li>[email_address] </li></ul><ul><li>www.TheRonald.us </li></ul>P roven, P rofitable, and P ositioned for Growth

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