Changes Are Ahead For the last two weeks, we’ve looked at who makes up a present-day Realtor.* We saw that the current Realtor, according to data from the National Association of Realtors (NAR), was a 49-year-old woman with some college, working for…
Jonathan and I are periodically queried by someone considering a real estate career and whether or not it’s a good idea? This is often asked by someone who has retired from a previous career outside of real estate and looking for something…
Key Market Index Undecided About Market Direction Everyone has opinions, especially about the direction of the current national and local residential real estate market. At the beginning of this year, we made some prognostications about that direction as well, albeit very cautiously…
Rental Prices Remain Flat Four Years Running Let’s call it like we see it (as we always try to do). They shouldn’t be, but they are – sales are up, the highest since 2023. For a market that’s gaining inventory daily, with…
It’s Sunday afternoon. I rack my brain on what to write about our current market tumult. And I’m conflicted. I’ve bought and sold homes for myself and clients since the 1970’s. I endured the oil crisis in 1979 which elevated inflation and…
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…
*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…
Examining stats from the 1st of December shows healthy improvement in our market. But healthier for whom? Well, for both buyer and seller, if that’s possible. Right now as the data shows, our listings are 14% higher than one year ago, which…
Over the past two weeks we’ve been comparing, from a value standpoint, single family detached homes (SFD) and Condo/Townhomes. This is the week to make the final comparisons and then I end this discussion by giving the reader my take about how…