-----Original Message-----
From: Rice, Kyle [mailto:krice@firstam.com]
Sent: Friday, April 18, 2008 10:50 AM
Subject: MLS data - 04.16 and News Articles from Kyle Rice at First American Title
Good morning,
I have attached this week’s up-to-date MLS Inventory Graphs. As you can see, we currently have 12.7 months worth of inventory in Active Listings in MLS. The Southeast Valley is currently carrying 11.0 months of inventory.
I have also include the latest edition of FATCO News. Here are the headlines:
New home construction at 17-year low CNNMoney.com April 16, 2008
Hopes rise on sales, inventory The Arizona Republic April 16, 2008
RealtyTrac: Foreclosures drop 5% in March, but AZ continues in nation’s top five The Business Journal of Phoenix April 15, 2008
Market changes for office condo developers The Arizona Republic April 15, 2008
1,000 homeowners sue developer Del Webb The Arizona Republic April 15, 2008
Apartment rental costs are all over the map MSNBC April 14, 2008
Builders remain pessimistic in April CNNMoney.com April 15, 2008
Bargain hunters boost home sales in some markets USA Today April 16, 2008
First American Title is committed to serving you and your clients with the highest STANDARD OF CARE. This includes having the best trained and most well informed staff in the industry. Remember First American when you are writing your next contract!
Have a great day,
Kyle
***If you want to UNSUBSRIBE, please click here krice@firstam.com and tell me to REMOVE YOU and I will accommodate!
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