Similar to the Consumer Confidence Index, the SCI mirrors ARMLS subscriber reaction to changing Arizona real estate market conditions and their experience with current Phoenix home buyers and Phoenix home sellers. This sentiment influences subscriber investment and strategy regarding their professional real estate activities. Please note that ARMLS subscribers are comprised of Arizona licensed real estate agents and brokers.
The ARMLS Pending Price Index™ (ARMLS PPI) predicts the direction of the Phoenix Arizona real estate market thirty days into the future based on pending sales in the Arizona flexmls listing system. The PPI Supplement focuses on new Phoenix Arizona pending properties added each month to the MLS system and includes analysis and $/SQ FT at various price points.
Desert Ridge Marketplace Plus Good Phoenix Arizona Weather Equals a Great Time for Desert Ridge Home Owners
Well it is Spring of 2012 and here we are again, relaxing at the central court in the Desert Ridge Marketplace under dozens of perfectly manicured date palms; we must have some of the best Spring weather in the Southwestern United States.
From what we can witness, Desert Ridge property owners as well as Scottsdale and Cave Creek residents and visitors are really enjoying owning or leasing real estate in such close proximity to the Desert Ridge Marketplace.