Author Archives: Mike Garland

About Mike Garland

In this age of software, data bases and cloud technology, residential real estate provides an anchor to physical reality. At least for now, there is no virtual reality where people can share a meal, a swim in the pool or laugh in the living room with a view of Camelback Mountain the way they can in a luxury home. I enjoy helping people find and sell homes in the Phoenix Valley. With my team we specialize in residential real estate in the Biltmore area, Paradise Valley and the West Valley. I also head up the Toma Partners relocation group.

Market Update Feb 2013

We’ve run the numbers again and this is what we’ve found: OPINION SEGMENT:  The recent inventory shortage and massive influx of investors have created a rapidly appreciating market.  I’m projecting appreciation will slow from current rates to between 6-9% by the end of … Continue reading

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Luxury Home Sales Soar – Tax Policy Stimulates Market?

Tax policy can have big effects. Like the recent stimulation of the national luxury home market by sellers looking to reduce their liability before the ‘fiscal cliff’ arrived. According to this article in CNN Money,  “Sales of luxury homes spiked in … Continue reading

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Arizona Commerce Authority – Arizona’s Resource for New Business

The Arizona Commerce Authority (ACA) is a unique group committed improving Arizona for business and quality jobs. I recent met their VP of Northern California Business Attraction, Christian Lorentzen. During our meeting I was impressed by the variety of business attraction … Continue reading

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Open up the champagne bottle!

Here’s a market update from Toma Partners CEO Mihai Toma: Open up the champagne bottle!  OPINION SEGMENT:  It is finally time to be optimistic about real estate.  That stated, institutional investors are starting to pull out of the Phoenix market because … Continue reading

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Selling a Luxury Home – Now

Selling a true luxury home is a different experience. Agents that work in the luxury home world have to think creatively, respond very well under pressure, and know that there is no substitute for results. Mass-market appeals for buyers, bulk … Continue reading

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Phoenix home prices – looking in the rear view mirror

A recent Wall Street Journal article conveys “Here’s More Evidence That Home Prices Have Hit Bottom.” The indicators for the Phoenix market are clear that the bottom was reached in February of this year and that rapid appreciation is continuing. … Continue reading

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Bad Data Means Bad Decisions

Just read the headline this evening – Phoenix among worst real estate markets – and had to scratch my head. How can a market with 20%+ appreciation in the last six months be listed as one of the worst markets? By … Continue reading

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American Cities Where Homes Sell Fastest

from 24/7 Wall St.com Phoenix ranks in the top ten cities where homes sell fastest. See more data for yourself at the Cromford Report – http://www.tomapartners.com/cromford-report.html. 10. Phoenix-Mesa, Ariz. > Average no. of days on market: 48 > Median home price: $185,000 (73rd … Continue reading

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Phoenix Real Estate Market Update Summer 2012

Market Update from Toma Partners’ CEO Mihai Toma Four months ago I predicted the market was on the way up when most other news outlets predicted otherwise.  I hope the fact that I was correct increases the level of trust … Continue reading

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Phoenix Magic Mountains

Few cities boast city parks with a mountain in them.  Phoenix is blessed with several downtown mountains that give the hiker a respite from the busy-ness and traffic and some magical views of the city. Several of these are centrally … Continue reading

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