{"id":199,"date":"2006-08-11T08:12:57","date_gmt":"2006-08-11T15:12:57","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=199"},"modified":"2006-08-11T08:13:02","modified_gmt":"2006-08-11T15:13:02","slug":"butler-prices-down-sales-up-logic-sideways","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/199\/butler-prices-down-sales-up-logic-sideways\/","title":{"rendered":"Butler: Prices down, sales up, logic sideways . . ."},"content":{"rendered":"

Catherine Reagor in today’s Republic<\/i><\/a>:<\/p>\n

Home prices dipped slightly in July, but sales inched up from June.<\/p>\n

The median home price of a used Valley home fell to $264,900 last month, after climbing to a record $267,000 in June.<\/p>\n

There were 5,545 resales in July, compared with 5,460 the month before, reports the Arizona Real Estate Center at Arizona State University’s Polytechnic. Still, last month was the weakest July for home sales since 1999 when 5,240 resales were recorded.<\/p><\/blockquote>\n

The numbers come from Dr. Jay Butler of ASU. I have no idea where he gets them, and he doesn’t make them available for independent review — contrary to the common practice of scholarship. From the MLS, I have 7,206 sales in June compared to 6,102 in July. The unreliability of Dr. Butler’s real estate tracking is why we do our own<\/a>.<\/p>\n

Reagor is unusually restrained. Normally, she jumps on negative real estate news with a grave-dancer’s delight. Maybe she’s saving it up for Sunday…
\n<\/p>\n

Technorati Tags: arizona<\/a>, arizona real estate<\/a>, phoenix<\/a>, phoenix real estate<\/a>, real estate<\/a>, real estate marketing<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Catherine Reagor in today’s Republic: Home prices dipped slightly in July, but sales inched up from June. The median home price of a used Valley home fell to $264,900 last month, after climbing to a record $267,000 in June. There were 5,545 resales in July, compared with 5,460 the month before, reports the Arizona Real […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[6,5],"tags":[],"class_list":["post-199","post","type-post","status-publish","format-standard","hentry","category-marketing","category-real-estate","no-featured-image"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":59,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/59\/another-news-drought\/","url_meta":{"origin":199,"position":0},"title":"Another news drought?","author":"Odysseus","date":"March 19, 2006","format":false,"excerpt":"Catherine Reagor in the Arizona Republic asks, \"Another price dip?\":Valley resales figures for February are due out this week. And early analysis from Arizona State University's Real Estate Center shows the median price might have dipped slightly again. In January the median price of all resales was $257,000. They hit\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":280,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/280\/trends-are-changing-daily-is-that-real-estate-news-or-a-weather-report\/","url_meta":{"origin":199,"position":1},"title":"“Trends are changing daily” — is that real estate news or a weather report?","author":"Greg Swann","date":"September 3, 2006","format":false,"excerpt":"\"Trends are changing daily,\" says Catherine Reagor in her column in the Arizona Republic. Was I a younger man, I might trouble myself to wonder about a \"trend\" that lasts less than a day. But I am older, by now, and wiser, and sick to death of picking on Catherine\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":364,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/364\/greater-phoenix-chamber-of-commerce-residential-real-estate-rebounding-commercial-real-estate-strong-population-growth-unabated\/","url_meta":{"origin":199,"position":2},"title":"Greater Phoenix Chamber of Commerce: Residential real estate rebounding, commercial real estate strong, population growth unabated","author":"Greg Swann","date":"September 22, 2006","format":false,"excerpt":"Two articles in today's Arizona Republic on the state of the local economy as detailed by the Greater Phoenix Chamber of Commerce, both largely good news. Catherine Reagor continues her slow apprehension of the idea that this year is not last year. And R.L. Brown advises us all to adapt\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":150,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/150\/the-m-m-m-mole\/","url_meta":{"origin":199,"position":3},"title":"The M-m-m-mole . . .","author":"Greg Swann","date":"July 29, 2006","format":false,"excerpt":"Catherine Reagor of the Arizona Republic actually acknowledges that comparing this year to last year may not be an ideally-informative strategy:Although the Valley's housing market is definitely slowing, comparisons to last year's frenzied sales pace and appreciation gains aren't a perfect indicator. During 2005, metro Phoenix home prices soared 50\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":84,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/84\/real-estate-market-healthier-than-reported-news-market-rancid\/","url_meta":{"origin":199,"position":4},"title":"Real estate market healthier than reported; news market rancid","author":"Greg Swann","date":"July 13, 2006","format":false,"excerpt":"Thrills, chills, front-page headlines -- everything but the truth. It's a way of life for Dr. Jay Butler of the The Arizona Real Estate Center. Today's Republic trumpets June was cold month for resales:The Valley's resale housing market took a hard fall in June, its worst performance for the month\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":175,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/175\/market-basket-of-homes-values-down-183-on-slow-sales\/","url_meta":{"origin":199,"position":5},"title":"Market-Basket of Homes: Values down 1.83% on slow sales","author":"Greg Swann","date":"August 5, 2006","format":false,"excerpt":"Market-Basket of Homes: Values down 1.83% on slow sales The July BloodhoundRealty.com Market-Basket of Homes is available. Prices down, sales volumes down, but -- interestingly -- inventory is down. Make of it what you will:This fall in Valley schools, the faces of the teachers may change, but the kids may\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=199"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/199\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}