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Arizona Housing Stats.

As of June 2010 active inventory was 41,470, a 7% increase from June 2009. There were 9,313 closings in June 2010, 1% below June 2009. Months of Inventory was 4.5, up from 4.1 in June 2009. Median price of sold homes was $127,000 for the month of June 2010, up 2% from June 2009. There were 6,545 new properties under contract in June 2010, down 26% from June 2009.

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Seasoned chief executive and entrepreneur with proven track record. Mr. Zar brings more than twenty years experience in operations, evaluation, investment and management of real estate assets. Sean is responsible for new asset origination, evaluation, analysis and due diligence as well as overall executive direction. Mr. Zar also gained insight into capital markets as the founder and president of CBA Capital, Inc., a Newport Beach, CA based investment bank and venture capital company. He also was the founder and CEO of American Income Securities, an investment company with more than $50 million in client assets. He also managed a technology venture capital fund where he was responsible for equity and debt investments in a wide variety of companies. Mr. Zar sold his interest in American Income Securities in 1999. Mr. Zar has been an active real estate investor in Arizona as well as Colorado and Southern California. Mr. Zar is focused on discovering undervalued properties.
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