Balance is good, especially in local real estate markets. Sure, if you’re a homeowner, you’d like to see the scales tilt towards a seller’s market, which we’ve been experiencing for several years now. And if you’re a buyer you want to see…
For the monthly period ending October 15th, the market is currently recording a sales $/SF of $162.00 averaged for all areas and types across our local MLS. This is up 0.2% or 37 cents from the $161.63 that the Cromford Report measured…
For various reasons, my family moves a lot – about every 5 years. I used to think this was terribly abnormal, until I learned that Arizona leads the nation as the most frequent movers in the country. Oh, and the least frequent…
Awhile back in our weekly blog, we noted that if Phoenix Metro wages remained low or stable, high rates of appreciation, as witnessed by a number of our West Coast neighbors, would not happen here. Greater home purchasing power was needed. Also,…
As is most often the case with Valley real estate sales and values, the third quarter of each sales year seems to slump. This just completed quarter was no different. I wonder if just being in the summer melting pot itself isn’t…
This past Saturday, my clients, found a home online in the Scottsdale Country Club for sale that they wanted to see. The listing agent was holding an open house so they went to view it – and really liked it. It was…
The number of pending sales (under contract) for the Phoenix Metro market is typically slow this time of year. Sales peak in Spring and early summer and then slide the remainder of the year. September Pending sales this year are no different…
A Quick Introduction into Home Renovation Purchase Loans A problem that many buyers are having is the lack of upgraded homes in their price range. There just isn’t a lot out there right now! One of my clients experiencing this problem right…
Here and now: Regarding the current pool of homebuyers in the Phoenix Metro area, sometimes “ya gotta do whatcha gotta do.” As we see active residential listing inventory remaining low, and down over 7% compared with last year we continue to urge…
I’m not perfect. Never have been. Never will be, including professionally. I make mistakes. My lovely, patient, and often long-suffering wife Karen knows this better than anyone. I am also seldom inclined to speak ill of fellow professionals. As my wise parents…