Jonathan Bodeen Until you’re on the ground, chasing down a home to buy, it may be difficult to understand how competitive it really is for home buyers right now. Any fantasies about snagging properties under asking price need to be thrown out the window….
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…
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…
We’ve been reporting that it’s a seller’s market for a number of years now. What that ultimately means is that the ratio of supply and demand weighs heavily in favor of sellers. Some might infer this means demand is high and supply…
BUT NO ENCOURAGEMENT IN THE LONG TERM Almost all of the cities that make up the “Phoenix Metro Area” showed a shift toward buyers over the last week, according to the Cromford Index. Now in all these cases, we are still heavily…
*Mike and Karen went on a well deserved vacation, and I, the son, was inhumanely tasked with doing all of his work 😉 and so unfortunately our beloved snapshot was delayed a day. I blame my father. You can too! We wanted…
On memorial day we think of those who have sacrificed much for us to live in liberty. What liberty means to me is the freedom to pursue a life of meaning as I define it, not as someone else might define it…
Many folks, even other agents, don’t understand the importance of staging, or why it matters. Now it’s important to clarify that when I say staging, I don’t necessarily mean bringing in furniture from an outside source. It can also mean using what…
THE PHOENIX NEW HOME INDUSTRY BOOMS Sorry for the delay folks. My dad and I were both running around showing properties all day yesterday, which of course is a good problem. But we will never forget our faithful readers! It’s hard not…
No. At least not from what we can see at the moment. It’s true last year was slower than some, and it’s also true that so far 2019 has so far gotten off to a slow start. But a slow or stagnant…