A picture (or chart) is worth a thousand words! And the two Cromford charts we’re showing you this week prove that point. Both charts form bookends of a larger Phoenix Metro problem we’re facing today, which is housing affordability. Not too many…
Let’s face it, 2021 has been and still is a difficult year. Four close friends of mine have passed away in the last 4 months. And I’m quite certain that many of you, our readers, are experiencing similar life griefs and challenges….
In Fourteen Hundred and Ninety Two, Columbus sailed the ocean blue, to find affordable housing, that’s true. Renters now seek affordable housing, but in Two Thousand and Twenty One, there are none. Some interesting stats about our increasingly woeful rental market. Oh,…
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…
How Will They Affect Our Market? The national ban on foreclosures is at an end for most homeowners. Lenders can now proceed to file, but will that result in an immediate pickup in new inventory for buyers in the Phoenix Metro area…
Bittersweet Results There’s been a noticeable uptick in the acquisition of single family homes by investors for the purposes of renting them out. Maricopa County, over the past 4 months, has seen an increase in these sales from 14% to 18%. This…