Arizona Regional Multiple Listing Service (ARMLS) just published 2nd Quarter Statistics for the Phoenix Metro Area. This report shows that months supply in all price bands has improved over last quarter and most price bands have improved in Days on the Market (DOM). What is most positive is the change in months supply of inventory (MSI) from Q4 2010 to Q2 2011. A dramatic difference.

( click here ) for a full copy of the report.

A Sneak Peak…FASHION INDEPENDENT: The original style of Ann Bonfoey Taylor

During our tour, the museum team was working on perfecting the details for the Ann Taylor exhibit that will be featured at the museum starting February 27. It appears to be an amazing tour through her years of design including clothing and accessories, with additional special features including Louis Vuitton and Balenciaga.

The Contemporary wing of the museum.

Joy Lind, Alisha Collinson & Monica Monson

Monson Luxury Group is planning a special private tour of the art museum in March or April 2011. If you are interested in attending, contact us to reserve your ticket (please put Phoenix Art in the comments section). Limited attendance.

For more information about Phoenix Art Museum and memberships, visit http://www.phxart.org/.

In an effort to raise money for Special Olypmics, dozens of people rappelled off the 17-story One Lexington building in Downtown Phoenix this week. One of those brave souls was our very own broker of Russ Lyon Sotheby’s International Realty, Deems Dickinson. For more information about Special Olympics, visit their web site at http://www.specialolympicsarizona.org/

Way to go Deems!

Get your monthly does of statistics from ARMLS. ( Click Here ) for September 2010.

The business of residential rentals is not one to take lightly. Arizonans who own or rent residential properties must abide by the statutes in the 2010 Landlord & Tenant Act. Inside this publication, homeowners will find information such as landlord and tenant obligations, remedies for the non-performance of either landlord or tenant, and the process for termination of tenancies. If you are planning on being a landlord or a tenant, this is a must have to know your rights.

( Download Now )

LUXURY RENTAL PROPERTIES in SCOTTSDALE
$5,000+/Month

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$4,000-$4,999/Month

[idx-listings city="Scottsdale" minprice="4000" maxprice="4999" propertytypes="283" orderby="DateAdded" orderdir="DESC" count="3" showlargerphotos="true"]

$3,000-$3,999/Month

[idx-listings city="Scottsdale" minprice="3000" maxprice="3999" propertytypes="283" orderby="DateAdded" orderdir="DESC" count="3" showlargerphotos="true"]

$2,000-$2,999/Month

[idx-listings city="Scottsdale" minprice="2000" maxprice="2999" propertytypes="283" orderby="DateAdded" orderdir="DESC" count="3" showlargerphotos="true"]

Arizona Regional Multiple Listing Service, Inc. just published statistics for the Phoenix Metro area in July. The statistics include year over year sales, inventory levels, listing price details, pending foreclosures and lender owned sales. CLICK HERE to read now.

Courtesy of WallStreetJournal.com:

By JULIET CHUNG and JAMES R. HAGERTY

For years, Jennifer Metz and her husband John yearned for a bigger home in San Francisco. Three months ago, the couple started looking, figuring that in this shaky economy, their $3 million budget should provide them a pick of attractive homes and accommodating sellers.

They were wrong. Hours after seeing a 5,000-square-foot fixer-upper in Presidio Heights with an asking price around $2.7 million, the Metzes put in a bid—and lost…. ( full story )