Every issue since 2013. Mike writes most of them, Jonathan writes the rest, and nothing has been taken down because it aged badly.
AND HOW DID OUR 2019 PROGNOSTICATIONS TURN OUT? Last week we looked at how our crystal ball predictions came in for Phoenix Metro housing in 2019. This week we’ll finish out our prognosticating for rentals and new home construction. First is what…
AND HOW DID OUR 2019 PROGNOSTICATIONS TURN OUT? In the next two weeks we’ll be looking ahead to view the 2020 Phoenix Metro residential real estate market. This prophetic stuff is risky. The test of a genuine prophet in the Old Testament…
The close of the 2019 Phoenix Metro real estate sales market is just a day away, but in all things Phoenix real estate, 2019 will go down as one of, if not THE strongest years on record. Though our reporting is on…
I received a mailer recently from a company called Service Line Warranties of America. It looked pretty official including the emblem of the City of Phoenix, as if it was endorsed by the city (authorized yes, endorsed, no). Periodically, clients will call…
The 2019 November numbers are in and they are not ones we can ignore. What we essentially have is a huge increase in demand alongside a huge decline in inventory. If you’re thinking of selling, congratulations! If you want to buy, well…
During the process of buying or selling a home, we’re in our client’s life almost every day. A mutual trust and often, a friendship develops. And then, escrow closes, and shortly thereafter, we’re not so much in our client’s life, which is…
As Realtor professionals, we view the current Phoenix Metro residential real estate market landscape with a mix of excitement and wonder. Excitement because we’re seeing the initial stages of a potential and dramatic market shift. I mean, this is happening now, in…
For the past few issues, we’ve been discussing the inevitability of Phoenix Metro’s escalating appreciation. Three words in basic economics drives this: supply and demand. There are many reasons why demand for our housing will remain high, notably, new business start-ups and…
I received more comments from last week’s blog than any other blog I’ve written. The title, “Seeing An Approaching Price Tsunami?” was inspired not by my subjective feelings about the market getting hotter, although more often than not, those “feelings” have been…
Mark Twain said, “It ain’t the parts of the Bible that I can’t understand that bother me, it’s the parts that I do understand.” That’s how I feel about writing today’s Monday Market Snapshot. There are many causes having their effects on…