Next week we’ll be picking up our discussion about the most monumental change in the “practice” of residential American real estate history that begins this month – the New Agent Reformation of real estate buyer’s agents, and the kick in the pants…
There is much talk about inflation these days, as it’s a very real issue in America and across the globe. Today’s chart provided us by The Cromford Report recently is most interesting. It’s a tale of two values of which I will…
A Quarter Century of Data Suggests We’re Due For Change In most summers that I’ve been selling Arizona residential real estate (30 years), we expect business to slow… Gee, I wonder why? Well, this year is no different except for one exception;…
The obstinate 7% mortgage rate made a dramatic two day drop at the end of last week – such a drop to a level not seen since February. On Friday, the 30-year fixed rate mortgage, as reported by Mortgage News Daily on…
We hope your 4th of July weekend was awesome – in so many ways! June’s numbers are in and here they are – the ARMLS numbers for July 1, 2024 compared with July 1, 2023 for all areas & types: Active Listings:…
It often occurs that different parts of our fair Phoenix metro area behave very differently from one another. One such phenomenon we have now is the case of two very different market conditions between our outskirt cities/neighborhoods and the more inner ones….
As the Market Changes Our changing market didn’t start changing this last week. But certain market evidences have continued to manifest which are pointing to an inevitable conclusion – residential real estate prices will, in many cases, drop – but just for…
As mentioned several times before, agents can do all the right things, jump through all the right hoops, but if our buyer clients in fact can’t find that right place for them, we’ve failed and we’ve earned – zero! This is the…
Phoenix Home Prices Slowing – A New Trend? Last week I sorta indicated that this week, we’d be looking at how buyer’s agents help buyer’s find that just right home. In the meantime, I’m throwing a change-up to talk about the market…
Last article I sorta indicated that this week, we’d be looking at how buyer’s agents help buyer’s find that just right home. In the meantime, I’m throwing a change-up to talk about the market and how the winds of pricing are changing….