The Covid 19 global pandemic is sadly affecting our families, workforce, economy and especially, for many – our personal lives. Many of us know friends or family members who have suffered and even died from this pandemic. I’m aware of a client…
In recent weeks, the Real Estate market here in the Phoenix area has been reheating, some might say dramatically. This is mostly true in the median price ranges (500k and below). The luxury market, while showing signs of improved demand, is not…
Before reading too deeply into this title, please understand that the article is NOT implying that lower (or higher) real estate values are worse (or better) than people dying from pandemic deaths. The virus is deadly serious and folks all around us…
April’s numbers are in, showing that supply increased, demand decreased, sales took a sharp drop, and prices weakened slightly. Here are the basics ARMLS (Multiple Listing Service) numbers for May 1, 2020 compared with May 1, 2019 for all areas & types:…
Last Monday, considering being in the midst of Covid 19, our Snapshot asked the question, “Should Buyer’s buy?” My summation read in part: “Each buyer is unique. Some buyers can prosper in these times. I think the most important factor a buyer…
As I sit here reflecting on how all our lives have changed this past month, I realize once again what truly is important! When I was first asked to share how our family is getting through this crisis, Corona virus had…
In this strange time we find ourselves in, I want to reach out and let you know how my household is doing. We have been quarantining for about 45 days now and find the best way forward is one day at a time. So what is…
It’s a question that’s being asked more regularly in real estate circles since the pandemic began. And I can save you some time right now, that if you’re looking for a quick definitive answer, you won’t find it in today’s snapshot. The…
As you can imagine, Real Estate has slowed in the Phoenix area along with most other industries. We first noticed it in the first weeks of March when the COVID-19 federal guidelines were released. It wasn’t until that Tuesday however, when our…
In light of the global pandemic, it’s tempting to prognosticate about the normal return of our Phoenix Metro residential real estate market, however, wisdom would say, “Mike, let your words be few!” So, for now, we’ll just report on the actual sales…