Well, let’s just say it – Arizona, and Phoenix in particular, are extreme! Yes, we all know about our extreme summers, the radically high summer temps, but thankfully, radically low summer humidity, and heavenly in between. Our baseball team, the locally legendary…
Some signs we observe can help us determine the direction of the Phoenix Metro residential sales market. For example, in January 2008, only 8% of all sales closed “above” list price – a 20 year low. In June of 2021, 60% of…
We want to highlight our latest project, and introduce our new company, Bodeen Designs, and what it can do for our clients. To put it simply, we now have some additional options for our clients in addition to the traditional listing. We…
We have a sort of mixed bag of news this week and a brief report about the iBuying giant Zillow getting out of the iBuying business and what that might mean for the market. But first, October’s numbers: CURRENT (Nov 1st) MARKET…
Nationally, there is a shortage of homes for sale and rent – and in Phoenix, the need is particularly acute! This comes as no surprise to our readership, but to hear it again recently from a local economist makes it is all…
Forgive my local sports teams giddiness vs L.A. teams, as our 4-0 Arizona Cardinals took apart the loathed L.A. Rams in a decisive Sunday victory. On top of that, on Saturday, ASU handily beat UCLA to take the Pac 12 lead. And…
Yes, But at What Cost? Having served my industry since 1976, I have witnessed the evolution of solar energy systems that have contributed to clients saving money while taking advantage of something that we Arizonans know so well. Sunshine! Back in the…
An interesting stat I came across this morning were the numbers behind who is buying in our Metro Phoenix communities. Based on Cromford’s research* into the Maricopa County August sales market, we see the following breakdown of Buyers compared with August of…
It’s been a strange few years for just about everything, let a lone real estate. It shouldn’t come as a surprise to hear us say that we haven’t quite seen anything like this market before. But I personally think that those who…
Investors and iBuyer’s Tilting the Market? How the market turns. Just when we think we’re figuring out what’s going on in the Phoenix Metro residential real estate market, it makes a U-Turn. It (the market) obviously doesn’t give a rip about our…