Our land is famished for want of listings to sell. Regulars of Mike’s Monday Market Snapshot have known this for years as we’ve continued to report on this growing, or rather, diminishing problem. A normal, balanced and healthy real estate market in…
For those of us with sufficient age maturation who lived the 60’s and loved the music of that era, I’ve included the link to The Mamas and the Papas biggest hit ever, which arrived in 1965, titled California Dreamin.’ For my business…
Well, the short answer is “that’s a stretch.” However, many, or most of us would agree there are defining moments in our corporate or personal lives that we can point to that were pivotal to who or what we’ve become – as…
SINGLE FAMILY DETACHED HOME REPORT Our recent personal experience on the front line of home sales, has been showing us our need to be prepared to aggressively represent our buyer clients because of the number of multiple offers being received by sellers…
SALES: New September listings, compared to 2019, increased 17%. On the surface that sounds promising for buyers who have continued to experience a dearth of available homes on the market. Unfortunately, the extra listings were met with increased demand, so the net…
Usually the 3rd quarter (July-September) of the sales year is weak. According to The Cromford Report, we have “entered a new phase of the market, where prices are rising far faster than the past 5 years. The last 3 months, per Cromford,…
For months and years, our weekly Monday Market Snapshot has reported the unending buyer trauma of a torrid seller’s market. Inventory shrinking to near record lows, current double-digit appreciation, sales increasing despite the low inventory, and multiple offers on the lower price…
No matter which direction we look, the Phoenix Metro real estate market continues to be leading the country in whatever category you want to gauge. Resale Appreciation? Okay, the resale housing market is ablaze. The conservative 3 month S&P Case Shiller price…
Until you’re on the ground, chasing down a home to buy, it may be difficult to understand how competitive it really is for home buyers right now. Any fantasies about snagging properties under asking price need to be thrown out the window….
REAL (ESTATE) NEWS What’s happens in Silicon Valley, (San Francisco Bay Area) is apparently not staying in the Bay Area for many workers now being impacted by the Covid 19 virus. Since the pandemic became local, tens of thousands of tech employees…