Northeast Valley with Highest Prices Happy Post Super Bowl day! If your team won, congrats, and if not, well, you get to join many of us Cardinal fans who lost hope last year, and really didn’t give a rip what the outcome…
Last year, in our projection of the 2025 Phoenix Metro residential real estate market, we wrote that the market could go in three different directions – all based on what was to happen with inflation. Without going too deep, we hit the…
How can that be? Well this is true for those who aren’t paying cash. Home prices are up, but not by much, not even keeping in line with inflation. And that is when looking at list price. When looking at closed pricing,…
*and Foreclosures Increasing* We’ve shared in the past about the trillions of dollars that are in process of being passed down from the Baby Boomer and Silent generations to the millennials, Gen Xers, etc., known as *The Great Wealth Transfer*. A recent…
*Can they drop further?* I was about to write my annual New Year’s real estate projections today which include a look back to see how we got things right or not last year, and a look ahead as to what might be…
But What Winds Will the New Year Bring? In our own business, we have felt a pickup in the last month or so. We are getting more phone calls from old clients and referrals as well (Thank you to all of you…
*Cromford Market Index Values Showing Mostly All Green* The annual sales rate for the Phoenix Metro residential market (as we all know) has been in the basement for the past three years. The sales market had started its decline in July of…
Historic Highs and Lows For over 25 years in the Phoenix Metro residential real estate market there have been highs and lows, peaks and valleys, but the largest gain and biggest drop in a shorter span of time occurred between June of…
Some buyers who can afford to buy a Single Family Detached (SFD) home, ask the question, should I be looking at condos or townhomes as well as SFD (Single Family Detached). And if so, which is the best investment in the Phoenix…
*What’s the Best Investment?* We’re often asked if Condos and Townhouses (condos) are as good a buy as Single-Family Detached (SFD) residences. It’s an interesting question, and until one does the math it’s not easy to come up with a right answer…