MAP # 2 – TRADITIONAL RING ANALYSIS
The attached “ring” analysis for the same intersection shows that within the ring, household incomes ranged from $42,763 to $202,986. Hardly homogeneous. Even worse, the periphery of the ring bisects 15 census tracts with some, none, or all of their demographic values included in the total depending upon the software assumptions used. Mathematically, a very irregular and misleading saw-toothed non-ring!
Traditional Ring Analysis (PDF)
September 2008 – Map of the Month
Not all House Prices have Declined! - Update
In our March 2008 Map of the Month, we opined that press reports claiming house prices have declined by 20 percent were misleading and offered Market Evidence that non-distressed prices have actually increased.
Below is the updated PowerMAP through June 2008 shows that non-distressed prices have continued to increase.
Contrary to public opinion fed by the media, not all house prices have declined, at least not since January 2005.
September 2008 – Map of the Month (PDF)
Map of the Month – October 2008
Finally, Good Housing News!
According to ASU Realty Studies (http://www.poly.asu.edu/realty/) some Housing Districts are starting to show an increase in resale value (Map #1), and, most show an increase in the number of resales (Map #2) from 1st Quarter to 2nd Quarter 2008. (Traditional Sales exclude Trust Deeds)
Map #1 - Resale Value (PDF)
Map#2 - Number of Resales (PDF)
Map of the Month – November 2008
Projected Population 20/20 Foresight!
The attached, full size shows Maricopa Association of Governments’ (MAG) projected population growth from 2005 to 2020. While the “fringe” areas seem far out today, the next 1,000,000 people will have to live somewhere!
Change in Total Projected Population 2005-2020 (PDF)
Map of the Month – December 2008
Drive Till You Qualify Revisited
The attached map compares the 5,000+ “Lender Owned Properties” For Sale / Listed in ARMLS as of December 8th, 2008 superimposed over Median Household Income by Census Tract.
As seen, foreclosures are Valley wide though higher in the newer areas west of Loop 101 (
Agua Fria). The map outlines the census tracts with the most listings. Census tract size in acres is also indicated.
To download full sized map click here: Lender Owned Properties Listed For Sale (PDF)
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