Realtor.com just released their national real estate forecast for 2017 and it comes with great news for the Phoenix Metropolitan Area! It turns out that of all metro areas in the U.S., Phoenix is projected to have the greatest growth in total…
A Watery Disaster Our recent deal with Dean and Pam (not their real names) wasn’t going to be a slam dunk, but it was very do-able. They wanted to use the funds from the sale of their current home to purchase their…
Election Aftermath – Effect on Valley Real Estate First let me say this is neither a pro or anti Trump article and I have taken special care to keep it that way. This is simply an analysis of the facts as we…
Yes But Will They Buy? According to this past Saturday’s Phoenix Republic insert (AZ Republic) the Climate Prediction’s Center’s outlook calls for a “warm, dry winter for the Southwest, including the Phoenix metro area. At the same time our country’s neighbor to…
PHOENIX (CONTINUES) RISING Latest Cash Shiller Report Shows Phoenix #1 in month / month appreciation As the story goes,* Jack Swilling, a confederate veteran of the civil war, while traveling through the Salt River Valley in 1867, saw a potential for farming….
September Sales Investment Thoughts The September numbers are in revealing a market that “as a whole” is healthy. The big takeaway for me is the strength of new home sales which are up almost 30% from last year. Normal resales are up…
The Importance of Schools – The Real Value We are often asked by prospective homebuyers the question, “How are the schools in this neighborhood, or district?” The perception of good or bad schools can play a significant role for a family with…
A Seller’s Market for Most! As you can see from Michael Orr’s Chart below, the Cromford Market Index of the largest 17 cities in the Phoenix Metro area, are all above “100” which puts them into the “Seller’s Market” range. The pluses…
Consistency in Phoenix – Who Would Guess? Back in February of this year, we reported that our local Phoenix Metro residential real estate market, as a whole, was strong and balanced. As you can see for yourself by the Cromford Market Index…
Millennial! Is Net Worth Not Worth It? Look Here! The chart below, published by Motley Fool using data from the Census Bureau shows us the average net worth of an American, segmented by age group. The blue bars represent a person’s net…