Buyers

March 15, 2016

Buyer Pep Talk: Don’t focus on the wrong things!

Ugly KitchenOften when I work with buyers, I see them get hung up on details that should make no difference in the overall process of purchasing a new home. An ugly old door, the wrong paint colors, bad landscaping, horrible curb appeal, dated cabinet/door handles, (the list goes on…) can …

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March 11, 2016

March 2016 Phoenix Metro Real Estate Snapshot

Change has been in the air for the last few months within our market. Here's what our local economists have to say:

March Phoenix Market Snapshot

  • Listings Under Contract Up Nearly 9% from Last Year
  • Monthly Median Sales Price Up 6% from Last Year
  • 50% of Monthly Sales Over $211,900

FOR BUYERS …

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Feb. 15, 2016

February 2016 Phoenix Metro Real Estate Snapshot

Here's how February 2016 is shaping up:

February Cromford Infographic

  • Residential Resale Contracts Up 8.6%
  • 5% More Inventory for Sale Over $200,000

FOR BUYERS:
So far 2016 is looking very similar to 2015 in terms of buyer activity in February.  Contracts in escrow are up 8.6% over last …

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Jan. 14, 2016

January 2016 Phoenix/Scottsdale Real Estate Check Up

2015 was a good year for real estate in the Valley of the Sun. We went out on a high note- sales were up across the board & luxury sales picked up a bit in December. Here's how the year looks so far from a basic economics perspective of …

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Jan. 10, 2016

January 2016 Phoenix Metro Real Estate Snapshot

Happy New Year! Here's how January is shaping up:

January Cromford Infographic

  • 15% More Properties in Escrow Now vs. Last Year
  • January is a Big Month for New Listings!

For Buyers:
January is one of the top months for new listings to hit the market, making it a good time to start …

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Dec. 28, 2015

Video: October/November 2015 Phoenix/Scottsdale Real Estate Recap

I've been going non-stop since my last recap of September when I reported that our nation implemented TRID ("Know Before You Owe"), affecting all loans, including mortgages) and the market cooled as buyer demand seemed to retreat & the supply of homes picked substantially.

Here's my recap of …

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Dec. 23, 2015

Skipping Repair Estimates During Your Inspection Period Can Cost You!

Laminate wood floorsI know at times during inspections I can seem a bit... nitpicky. It may even feel overbearing at times, but there's good reason behind that. I'll tell you why it pays to be patient and go through process.

What do you think it would cost to repair a …

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Dec. 7, 2015

December 2015 Phoenix Metro Real Estate Snapshot

The Metro Phoenix real estate market is remarkably stable as compared to last year. The subtle shift I've been following for the last 2 months has apparently ended. Why? By of November 28th,  listing counts of homes (supply) stopped increasing and demand held stable. Here's the most …

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Nov. 19, 2015

The Best Phoenix Metro Zip Codes to Sell a $1M+ Home in November 2015

Are you ready for the holidays?? Thanksgiving is right around the corner!

Our market has been quietly cooling over the last couple of months, which is fairly typical of this time of the year as most people start getting ready to entertain, travel & see family. The higher end market …

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Nov. 14, 2015

November 2015 Phoenix Metro Real Estate Snapshot

Residential real estate in Metro Phoenix is still strong as compared to last year, but the subtle shift I spoke about last month is ongoing. Take a look at this infographic from the Cromford Report for a quick overview of the market and what Buyers and Sellers can expect in …

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