Well, there’s continued good news for sellers and continued not so good news for buyers. Because all of us on the Bodeen Team are homeowners, we’re personally thrilled with this news. However, because all of us represent buyers as well as sellers,…
Our local real estate news continues to be positive for sellers and not so much so for buyers. And now, supply is even dropping in the higher price ranges as well. Across the board in Metro Phoenix, active listings for sale are…
Phoenix is rising, but it’s effect is a mixed bag. Temperatures have hit the high 90’s recently and we’ve seen gas prices leap high just in the past month. Mortgage rates have risen as well, though thankfully they’re still in the mid…
Appreciation Up. Sales Modest. Buyer Competition Grows. Real estate news continues in a positive vein for sellers but a negative one for buyers. So what’s new!? First of all, let’s look at our Phoenix Metro market, the big picture, which is helpful…
I recently met seller Lon at his home in McCormick Ranch. He was referred to me by a former client. Jonathan and I really appreciate the referrals from friends and clients. Referrals and repeat client business has been the foundation of my…
There are two professions that I believe to be the most difficult and challenging and in which I would not ever opt to enter. One is to own and operate a restaurant. The other is to be a new home builder. The…
There may be changes ahead for our market of which we will speculate. In some ways, it’s pretty much business as usual, meaning limited inventory continues, yet there are other events occurring that could result in, what I call “a flash market.”…
Is Phoenix entering a rent crisis period? This is an important question which needs to be understood. A recent article in the Arizona Republic indicated that Phoenix is the 9th least affordable city for renters in the country. This was quoting a…
Or is this Another “Cry Wolf” For so many years, that I’ve lost track, we’ve expected mortgage rates to climb up from the depths of the mid 3% range to the low 4’s. We’ve been encouraging folks to get off the fence…
Chandler and Scottsdale, #1 and #2! Peoria and Gilbert Right Behind! Anytime discussion turns to the future of Arizona’s quality of life, a myriad of considerations are in play. Education plays a large part of this prognostication. In higher education, for example,…