Before we get into our weekly story, let’s take a look at January’s sales numbers effective February 1st: Active Listings: 5,180 vs 11,974 last year – down 56.7% – and down 14.5% from 6,055 last month Under Contract Listings: 11,617 vs 10,030…
That’s what most of our clients seem to want to know right now, and after the trauma many endured from the crash over a decade ago, who can blame them? My first years in real estate (2009) was a short sale and…
New Construction Report Usually, our Market Snapshot deals with the residential sales market in the Phoenix Metro communities solely, but todays subject combines commercial and residential real estate as they continue to tell the growth story of our market. First, the residential….
Last week was part one of what became a two part article about the in-your-face bad odds of being able to make it full time in real estate. Key words: “full time.” Anyone can get licensed and join a real estate company….
Gotta admit, it looks pretty easy! Fill out some forms, stick a sign on the house, place flowery information into the computer, the offers roll in, the seller picks one, and you’re done with a big fat payday in your pocket! Sign…
The Phoenix Metro housing market continues its incredible trajectory of price increases and product shortage. Whether you’re looking at buying or renting, our local market is not encouraging. Let’s just say it as it is, it’s very discouraging. When a new rental…
Our first Snapshot of the year for 2021, but the same ole story is being played out as in previous years, only this year, it’s on steroids. One year ago, the esteemed Cromford Report, (our primary source for our accurate data), reported…
In this super-hot market, now the most intense seller’s market we have ever seen, a well-priced home (and sometimes even overpriced ones) will receive multiple offers. When these offers start pouring in, it’s easy to get tempted by the high price points….
Working remotely from home, kids not in school, social distancing, ad infinitem, could be adding up to a huge change in the Phoenix Metro Real Estate market. I’m calling it PHX 2.0. Through surveys, studies, and articles, experts are presently trying to…
I was chatting with a long-time friend and client earlier today I’ll call Graham. Graham owns a nice home in the Tatum Ranch area that we sold him a few years ago. He’s made some nice improvements and along with the local…