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Commentary

Celebrating 10 Years of Being My Own Boss

It was a proud moment. Not quite like getting married, or seeing my baby girls born, but a proud moment nonetheless. As Chief Photographer for KPHO Television in Phoenix, I was responsible for hiring photojournalists to videotape and edit daily stories for the morning, afternoon and evening newscasts. Over the course of three years, from 1997-2000, I had assembled one of the most talented staffs i...
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Phoenix Housing Market Update: 8/17/12

Lately, much of the discussion around these parts has centered around single-family housing inventory, or the lack there of. However, over the past 30 days levels here in greater-Phoenix ticked up a little, around 3-4%. I’ve been noticing a trend lately that may explain the increase. Each day, I bid on 6-8 homes at the auction. Prior to bidding I must determine an after repair value for the pro...
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Phoenix Housing Market Update: 8/10/12

Haboob. Say it out loud. Haboob. Sounds funny right? Almost dirty. What is a haboob? A haboob is a dust storm. So I guess it is a dirty word. In August, haboobs are pretty common here in the desert southwest. These towering walls of dust approach our city limits quickly and cover everything in their path with a thick layer of silt, much to the delight of local car wash owners. But automobile...
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Phoenix Housing Market Update: 8/3/12

Have a look at the chart below. The only thing that it’s missing is a loop-the-loop. The greater-Phoenix housing market is a roller coaster. Volatile would be another good word to describe the last three years. As you can see we’ve had three bottoms and two tops (although the most recent peak is for August and we’re just three days into the month – under contract price per square foot sales...
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Phoenix Housing Market Update: 7/27/12

"Investors will soon be priced out of the housing market. Consumer confidence and normal home sales have taken over the market." -       Beth Jo Zeitzer, a real-estate attorney and president of Phoenix-based R.O.I. Properties from an Arizona Republic article July 21st, 2012 At last, some good news about the greater-Phoenix housing market. So why would a fix and flip investor like me think th...
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Phoenix Housing Market Update: 7/20/12

"The huge price gains we've seen in Miami and Phoenix are not built to last. These increases will shrink or reverse as the backlogged foreclosures in these metros hit the market." - Jed Kolko, Trulia’s chief economist from a July 10th, 2012 Inman.com post titled Home price gains at risk in distressed markets. Backlog? What is this backlog you speak of Jed Kolko of Trulia? Surely you didn’t g...
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Phoenix Housing Market Update: 7/6/12

Brace yourself. Are you sitting down? You may want to get a paper bag to keep from hyperventilating. Okay, here goes. In June, the price per square foot average for homes in greater-Phoenix dropped 4%. According to this month’s Arizona Regional Multiple Listing STAT Report, the median sale price declined by 2.8% to $141,000. How can this be you ask? After all, the ARMLS STAT report is ful...
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Phoenix Housing Market Update: 6/29/12

The online world can be a treacherous place, where rude people operating under anonymous screen names lurk; ready and willing to launch vile epithets at unsuspecting bloggers like me. Just this week I’ve been referred to as a troll and a fool. On my YouTube channel a viewer said my videos sucked worse than my blog posts. Ouch. This begs the question – what makes it acceptable for some to be ...
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Phoenix Housing Market Update: 6/22/12

What are you going to do when the wave of foreclosures in Phoenix subsides? How will you survive? I get questions like these a lot. The truth is no matter what the housing market or economy is doing there will always be people who can’t pay their bills. There will also be lots of people who don’t have the time, money or expertise to fix up their home if it falls into disrepair. In a city the...
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What a Good Partner Can Do for You

Editor's Note: Today my brother, Curtis Boardman, and his wife Rose celebrate their one-year wedding anniversary. Curtis is my only brother. And my best friend. This is the written version of the best man speech I gave at their wedding in Coronado, California. I posted it on my old blog, freerealestateeducation.com, last year. Congrats and cheers to the happy couple! “The man who finds a wi...
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