I've been doing a lot of searches for homes recently, and I'm noticing a trend. I am noticing that many of the listings sold by the homeowners are competing with the short sales and bank owned properties. I send them all to my buyers so they can see how comparable each are, but hopefully this means things are settling down a bit.
I came across a great graph available on our MLS which has been prepared by Mike Orr, of the Cromford Report - awesome. I'm sharing it here.
I enjoy seeing where the percentage of homes are purchased, and I think buyers and sellers will find it useful.


Mesa, Arizona Real Estate. Call me at: 480.382-8711 for information on purchasing or selling a home in Mesa, Arizona or surrounding towns. OR email me: Teri@TeriEllis.com. Feel free to visit my website: HomesAzRE.com, or stop by my blogs at: MesaAzRealEstateVoice and AzLadyInRed!
