I haven’t seen any other articles about this yet, but the counter-intuitive conclusive message, at least now, seems to be getting clear: Global and national bad news, at least in Phoenix, Arizona, means home values continue spiking upward. Some history: Pricewise, in…
Last week, a client and friend emailed me a great and timely question, and yesterday the answer came. First, his question: “Hello Mike, Obviously buying anything now is anything but easy, but are there any areas…of town whose prices haven’t gone as…
Plus: Good News for Renters? Our market is providing mixed messages. Here are the basic numbers as reported by the Cromford Report last week comparing March 1, 2022 and March 1, 2021 for all areas & types: Active Listings: 4,588 vs 4,491…
The shortest calendar month of the year closes today and we’re expecting temps in the low 80’s! Good Day Arizona! Chamber of Commerce weather is upon us – at least for a few days. Well let’s start with a warning. You may…
We’re just a day away from the near Ultimate Twosday, 2-22-22. I suppose the ultimate, ultimate Twosday would be 2-22-2222. But, hey, this is close enough. So here’s your Bodeen chuckle for the week. Let’s go back to 1969, with that one…
Laughable? Read On… “The dream of homeownership has grown more out of reach for many middle-class Americans during the pandemic.” This is the opening line from an article in the Wall Street Journal one week ago. Check out that article here. The…
Something AZ should Consider? I’ll fess up. It’s been easy to disparage my former state that I loved and grew up in. Hey, California is an easy target. But to be fair, every once in a while they actually surprise me in…
A broken record? Same ole, same ole? Been here done that? Whatever we call it, they all seem to apply these days. In this case, the first quarter is shaping up to continue its high-rise ascent and there doesn’t seem to be…
Two weeks ago, in response to our continuing rabid seller’s market, we suggested buyers look towards new construction in buying a home, which has many inherent benefits. Last week, we reported how the Phoenix Metro communities, and in particular, the Northeast Valley…
The six most expensive Valley cities, as judged by the sales price per square foot (PSF) in the Phoenix Metro area, are all located in the Northeast Valley. No surprise there. The Cromford Report recently posted the appreciation rates of the top…