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Welcome The Metro Phoenix Housing Market – 1q 2010 plus the Forecast Update

Welcome The Metro Phoenix Housing Market – 1q 2010 plus the Forecast Update. Please make sure that you are connected to the audio portion of the program thru the phone number provided on the screen or thru your computer speakers If you need help call THE NUMBER TO THE RIGHT ON YOUR SCREEN .

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Welcome The Metro Phoenix Housing Market – 1q 2010 plus the Forecast Update

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Presentation Transcript

  1. Welcome The Metro Phoenix Housing Market – 1q 2010 plus the Forecast Update Please make sure that you are connected to the audio portion of the program thru the phone number provided on the screen or thru your computer speakersIf you need help call THE NUMBER TO THE RIGHT ON YOUR SCREEN

  2. RLBrownReports The Metro Phoenix housing market – 1st quarter 2010

  3. The Metro Phoenix housing market – 1st quarter 2010 • Phoenix Market performance • Phoenix Builder performance • What dynamics changed during the quarter • What to expect in the near-term • What to expect in the longer term

  4. The Metro Phoenix housing market – 1st quarter 2010 1q 2010 HOUSING HOT SPOTS

  5. The Metro Phoenix housing market – 1st quarter 2010 1st q hot spots by permits

  6. The Metro Phoenix housing market – 1st quarter 2010

  7. The Metro Phoenix housing market – 1st quarter 2010

  8. The Metro Phoenix housing market – 1st quarter 2010

  9. The Metro Phoenix housing market – 1st quarter 2010

  10. The Metro Phoenix housing market – 1st quarter 2010

  11. The Metro Phoenix housing market – 1st quarter 2010

  12. The Metro Phoenix housing market – 1st quarter 2010 BEST SELLING BY PRICE RANGE

  13. The Metro Phoenix housing market – 1st quarter 2010

  14. The Metro Phoenix housing market – 1st quarter 2010 PRODUCT POSITIONING – BEST PERMITS 1Q 2010

  15. The Metro Phoenix housing market – 1st quarter 2010 81 BUILDERS ACTIVE – 50 BUILDERS WITH <3 CLOSINGS

  16. The Metro Phoenix housing market – 1st quarter 2010

  17. The Metro Phoenix housing market – 1st quarter 2010

  18. The Metro Phoenix housing market – 1st quarter 2010

  19. The Metro Phoenix housing market – 1st quarter 2010

  20. The Metro Phoenix housing market – 1st quarter 2010

  21. The Metro Phoenix housing market – 1st quarter 2010 CHANGING MARKET DYNAMICS…. • THE CHANGING FACE OF FORECLOSURES • BAILOUT PLANS • CREDIT AND INTEREST RATES • LOT INVENTORIES AND BUILDER FINANCING • BANK FAILURES AND CRE DEFAULTS • CONSUMER SPENDING AND CONFIDENCE • AN IMPROVING ECONOMY

  22. The Metro Phoenix housing market – 1st quarter 2010 • Our near-term forecast • Hype and reality collide • The politics of the day and the impact on housing – cash flow is King • A regional leadership crisis

  23. The Metro Phoenix housing market – 1st quarter 2010 • Our longer view of the market • Jobs • Foreclosure relief • Credit • The lure of the West

  24. The Metro Phoenix housing market – 1st quarter 2010 • The ongoing search for new customers …. Alternatives - Waiting for them to show up OrCapturing the home buyers of the next 18 months … resale/short sales/reo sales VS the new home! That takes a sound strategy ….

  25. The Metro Phoenix housing market – 1st quarter 2010

  26. The Metro Phoenix housing market – 1st quarter 2010

  27. The Metro Phoenix housing market – 1st quarter 2010

  28. New Home Closings by Transaction is Now Available! Call Greg for Details – 480.614.0211

  29. The Metro Phoenix housing market – 1st quarter 2010 Thanks for joining us and for using our housing market data and analysis. Call us with your questions and your needs! rl brown and greg burger 480-614-0211 greg@rlbrownreports.com www.rlbrownreports.com

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