Current Pending Sales Foreshadowing an Active Spring Luxury Market Sales Taking Off Also If you’re reading current local real estate news reports regarding home sales and price increases of those sales, you’ll see it being lackluster at best. As we’ve been reporting…
The Sales Market Is Turning – The Rental Market is Burning Are Buyers Beginning to Wake Up? “Buyers are certainly not in trouble, but they need to keep an eye on supply. If that starts falling early this year, we could see…
Last week my dad talked about the upward trends in the rental market. Well since then the numbers have been getting even crazier, almost to the point of jaw-dropping! What is especially interesting is the huge demand for traditional single family homes….
Renters Ouch! Prices Increase – Supply Drops!! Well, quite honestly it comes as no surprise that the continued strong demand for rentals in our Phoenix Metro area market has been diminishing rental supply and driving up lease prices. In a recent blurb…
Keep your (Buying) Emotions in check Let’s be honest, buying a home for most of us is fun, and enjoyable – most often a terrific experience. But make no mistake, don’t be deceived, buying a home is emotional and buyers need to…
Market Sales Activity Moving Upwards Pending Listings and the average sales Price per SqFt (psf) have moved upwards this past week when compared to one year and one month ago. At the street level, we’ve also noticed increased activity including multiple offers…
Hanging in the (Market) Balance Today’s Jeopardy Answer: February 2011. Today’s Jeopardy question? When was the last time the Phoenix Metro real estate market was as balanced as it is today? So, what exactly does a “Balanced Market” mean anyway and what…
Housing Impact from a Super Week For most of the nation, the holidays ended after New Year’s, but in Arizona, especially the Phoenix Metro communities, the party continued unabated through January, and ended yesterday with a Patriots interception in Super Bowl XL1X…
January 26th Market Update A tipping point? Or more of the same? Across Maricopa County, we in the housing industry, including lenders, title agents, builders and we Realtors, have great optimism for 2015. It is still very early in the year, but…
Success in Selling Your Arizona Home (Part 3) Preparing Avoids Despairing Few things in modern life can be as frustrating as having a home on the sales market week after week and month after month without it being sold. We are currently…