Cromford Market Index is a value that provides a short term forecast for the balance of the market. It is derived from the trends in pending, active and sold listings compared with historical data over the previous four years. Values below 100…
One of the most common questions posed to us from buyers is, “Why is the seller selling?” The buyer is asking the question usually for one purpose, and that is to see if it might help him in his negotiation strategy. Obviously,…
Let’s face it, not many of us would mind living within a mile of Starbucks, Trader Joes, or Whole Foods, right? And in fact, many of us do. Would you believe that a recent article by Zillow stated that if you do,…
This Memorial Day weekend I began sifting and sorting through decades of paper files with the goal of continuing to file everything (important) in the cloud, and recycling everything else. I was amazed at some of the stuff I had hung onto….
Last week we looked at how Mike got started in his 41 year real estate career and this week we look at young son Jonathan’s humble real estate beginnings. You might think I had something to do with Jonathan’s desire to get…
As you can see by our historic median sales chart, the Phoenix Metro residential real estate market goes up and it goes down. In fact it has gone way up and it has gone way down. Just like most of the rest…
Preliminary Maricopa County closing numbers for February are in and they’re looking pretty good. Total sales are up 12% over February 2016 (similar to the gain in ARMLS sales). However new build closings are up 26% year on year, whereas re-sales are…
We have much information on homes for sale, sale prices, prices per square foot, etc, but what is not as well understood is our residential rental market. The Cromford Report has perhaps the best reporting, but it only reports what’s renting within…
But are they the Best for Your Negotiations? I wrote a contract this weekend for clients who will be putting their home on the market shortly. They, like most of us, don’t want to have to move twice, so they elected to…
We’ve told you that things are heating up on the ground level in our business, and that we are optimistic for a strong 2017. What we haven’t told you about are the parts of the valley that are looking a little lackluster….