Buyer good news continues, albeit gradually. The big 5 sales stats we look at monthly are listed below. The numbers continue to move in a positive direction for buyers. Though active listings are down 10% from last year, they are UP 24%…
Portland, Oregon had previously (1992) held the national spotlight for consecutive months leading the nation in year over year home price increases with 23. No longer. Phoenix is the new record holder and may well continue to extend the streak, now at…
Been there. Done that. Bought the Tee shirt! In January 2005, following a 4-year runup from January 2001, the Phoenix metro residential sales market had risen from a monthly median sales price of $127,000 to $189,000 – a 49% gain, or 12%…
It’s a nice 1529 SqFt single family 2 bedroom detached home in Anthem. A few months ago the owners had decided to upgrade their original Corian countertops to Quartz. But as life so continuously reminds us, things change. In this case the…
But Expect a Slower Pace The Phoenix-Metro residential real estate sales market is in a self-correcting season. The 2nd half of the year, per the Cromford Report expects sales to slow, listings to increase, and for a while, prices to continue to…
The year was 1968. I was a freshman in high school in San Anselmo, California, 20 miles north of San Francisco. If you are of that era, you might remember that Marin County, California, was a very wealthy suburb of The City….
June 20th! Summer officially began. The Longest Day of the Year. The good news is that the days begin to get shorter – it just won’t feel like that for the next three months. With so much that’s been negative it’s hard…
Welcome to summertime in the Phoenix Metro area where daytime temps may break some consecutive day records of over 110 degrees this week. But hey, our Phoenix “Suns” are creating all sorts of excitement for the Valley faithful having just swept the…
If you’re hearing media or Realtor reports that state that the demand for homes to buy is the Phoenix Metro’s real estate problem, well, that’s just not the case. It’s easy for some of us to report that we have too much…
The Phoenix Business Journal just published an article we knew was coming soon and I’m sure will be followed up by the AZ Republic about the not-so-distant future boom taking place in North Phoenix. The article, entitled North Phoenix – How Taiwan…