Market Conditions

June 23, 2018

5 "MUST DO's" to Get Top Value for Your Home Appraisal

Appraisal ScaleOver the years, I've had friends, family & colleagues coming to me asking about appraisals.  Usually, it's to say that they just got one and the appraiser "clearly must have been smoking something"...  A lot of folks are looking to take advantage of the low interest ...

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Oct. 5, 2017

April 2017 Phoenix Real Estate Market Recap

In a nutshell, here’s a market recap of how real estate went down in April…

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Cromford Report: April 2017 Recap

“Seller Concessions Have Risen Despite Buyer Frenzy

For Buyers:
Buyers continue to find themselves in a frenzy of competition for homes as March recorded the highest number of non-distressed sales through ...

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Aug. 9, 2017

Top 4 Dos & Donts for Sellers with Multiple Offers

We're in a legit seller's market & have been through 2017 to this point.  This summer, typically our S.L.O.W. season, was so busy that I haven't had a vacation yet... The last 2 homes I've put in escrow sold with multiple offers after ...

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May 10, 2017

April 2017 Phoenix Real Estate Market Recap

In a nutshell, here's a market recap of how real estate went down in April...

Cromford Report: April 2017 Recap Cromford Report: April 2017 Recap

"Seller Concessions Have Risen Despite Buyer Frenzy

For Buyers:
Buyers continue to find themselves in a frenzy of competition for homes as March recorded the highest number of non-distressed sales ...

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March 23, 2017

Video: What "Mortgage Rates Are Trending UP..." means for you in Spring 2017

"Mortgage rates are going up!"

Yeah........ I hear that a lot. But what does that mean and how does it affect you? Is the sky falling?? The short answer is "a little". The Federal Reserve lowered it's interest rate ("Fed Funds Rate") or the money banks pay to borrow money ...

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Jan. 25, 2017

Video: What's happening in Phoenix/Scottsdale?

I'll be the 1st to admit, I hate being in front of a camera, but I'm back at it again. Watch this video for a quick run down of what's going in our area, over the next few months:

Here are the links to the events I mentioned ...

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Jan. 3, 2017

Thinking about a "Lease Option"- Think twice...

There are 2 sides to this story- one for Sellers & one for Buyers. There are pros and a whole lot of cons. Let's take a look...

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Sellers:

Frequently, frustrated sellers with homes to sell find themselves with a willing tenant throwing the "lease-option" or "lease-to-own" plan into their ...

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Oct. 11, 2016

Real Estate Opportunities in Metro Phoenix- October 2016

There are opportunities in EVERY market.

Think everyone lost during the Great Recession? Think again. Hedge funds and small-budget investors made out like bandits, even as many people lost the shirts off their backs. That said, there are opportunities to be had in the market today too. As of October ...

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Oct. 4, 2016

Endangered Species: Cheap Houses in Metro Phoenix

Looking for a cheap house to buy in Metro Phoenix? Better get one while you can...

 

Active Listings by Price in Metro Phoenix 10/1/16- Active Listings by Price Range In Metro Phoenix

 

There are thousands of homes to buy, but the days of $50K, $60K, or $75K homes are all but gone. In ...

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Sept. 27, 2016

September 2016 Phoenix Market Summary

The real estate market is stable in Phoenix & Scottsdale.

Home sales in Metro Phoenix under $300K are very strong. Above that, things are improving in spots. The overall market favors sellers, but that's more to do with supply and demand than anything else. We started to run short on inventory ...

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