Labor Pool Shortage Continues… Maricopa County December sales numbers are in and they’re impressive! New home sales climbed to 1535, which was the highest monthly total since 2007 – almost a decade! And December is usually a quiet month, sales-wise. Not now….
If We Thought 2016 Was Good… And indeed, 2016 was a very good year for our Phoenix Metro area real estate communities. Oh, it wasn’t the most sales, or highest price appreciation years on record, but in our view, was even better….
November Sales Report Market Still Looking Good! We trust your Thanksgiving holidays were rich in family, friends, fun, food, and football, – in that order. Ours was, with Cardinal football being the only exception. There’s no real surprise in November’s sales numbers….
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…
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…