The Cromford Report

Greater Phoenix - Residential Resale

Membership...

Standard membership of The Cromford Report ™ requires a subscription, and provides you with access to detailed data and analytical charts.

Click subscriptions to find out more or sign-up.

The Cromford Report ...

is owned and produced by Cromford Associates LLC, an Arizona limited liability company managed by Mike Orr and based in Mesa AZ.

Mike holds a masters degree in Mathematics from the University of Oxford in England and spent 31 years in the computer industry, working for IBM, Amdahl, Splash Technology and the Santa Cruz Operation. In his most recent positions he was President of Tarantella and CEO of Mobilearia.

He first started investing in real estate in 1976 and left the computer industry to focus on real estate in 2002.

Contact

mike@cromfordreport.com

The Cromford® Report provides detailed information to track the history and current status of the Greater Phoenix residential resale market and offers unique insight into its future direction.

Updated daily and usually published online within a few hours, this site is intended for anyone interested in the state of the market and how it affects their investments and livelihood. Our goal is to present data that is timely, informative and easy to understand - data not available anywhere else in this level of detail or immediacy.

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Oct 17 - The Contract Ratio Tableau chart now has a weekly version to complement and expand the monthly chart. See both here.

Oct 17 - The Seller Paid Closing Cost Tableau chart has been replaced by the Seller Concessions Tableau chart. It is much improved compared with the former version and can be found here.

May 20 - There is a Cromford® live Zoom presentation by Tina Tamboer nearly every weekday, but they are hosted and marketed by different sponsors. The sponsors send the links to invited guests as they are typically hosted on their accounts, so if you would like to attend of of Tina's Zoom meetings it is best to get on one of their email/text lists.

Here are Tina's regular sponsors who have booked zooms through the end of the year….

  • Security Title – most Mondays – contact any Security Title rep
  • Pioneer Title – monthly – contact any Pioneer Title rep
  • Clear Title – monthly – contact Sarah Perkins
  • Old Republic Title & Matt LeDoux with Caliber Mortgage – monthly – contact either Matt LeDoux, Kay Handeland-Stenstrom or Cynthia Lujan
  • Shelby Mallory (Super HW), Crystle Mulzet (Chicago Title), Liz Dysart (Bison Ventures), Lisa Vandenburgh (Advantage Inspections), Paula Brevig (Bennett & Porter) – monthly
  • Navi Title – monthly – Chris Medina
  • Magnus Title – monthly – Sherry Vaught
  • Empire West Title – monthly – Jon Sahnow
  • Greg Gale Team, Nova Home Loans – quarterly, sometimes monthly

Apr 24 - Red flag warning - see the daily observations for details

Left to right:

  • Asel Nelson, Tina Tamboer, Mike Orr, Sophie Orr

The content of the Cromford® Report is provided on a subscription basis to ARMLS subscribers. To access it for the first time you need to sign-up and obtain a user ID and password.

ARMLS Subscription - if you are already an active subscriber to the Arizona Regional Multiple Listing Service

Please click on the underlined link above to sign-up.

If you are already signed-up you may select any part of this site from the menu at the left and then enter your user ID and password when prompted. You can also manage your account, log-in or log-out from the Subscriptions tab on the left.

If you ever have difficulty logging in, please try the Subscriptions -> Log-In menu item at the top left.

The Cromford® Report is designed to help you answer your questions about the Greater Phoenix residential real estate market. For example:

  • How does today's market compare with the same time last year?
  • Which price range is selling fastest over the last month?
  • Which is the cheapest area to buy a resale home?
  • How long is it taking to sell a home in my ZIP code?
  • What is the balance of supply and demand for resale homes in my city?
  • What proportion of homes for sale are short sales or pre-foreclosures?
  • Where are prices changing fastest?
  • What percentage of listings are finding a buyer before they are canceled or expire?
  • Are today's list prices realistic compared with achieved sales prices?

You can find tools to help you answer all the above questions, and many more, within the Cromford® Report web-site.