Market Conditions

June 28, 2016

VIDEO: Monsoon '16 Maintenance Tips & the "Brexit" Effect on Phoenix Real Estate

Don't forget to do your "Monsoon Season" maintenance! Also, find out how "Brexit" is impacting Phoenix/Scottsdale Real Estate. Here's what you need to know in ~2min.

Stay cool & have a Happy 4th!!

Related Info:

Top 5 Features of Metro Phoenix Homes Over $500K Sold Recently

Renting ...

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June 23, 2016

Top 5 Features of Metro Phoenix Homes Over $500K Sold Recently

There are a lot of luxury homes for sale in the Phoenix/Scottsdale, Arizona.

For most of spring 2016, I've talked about how half of the market is pretty hot and the other half, not so much. Homes under $250K are a hot ticket. From $250K-$500, the market ...

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June 14, 2016

Renting a House in Metro Phoenix: What you need to know

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If you've rented a house in Metro Phoenix in the last few years, it's likely that you:

  1. Had a major life event (divorce, job loss, illness, death of a loved one)
  2. Are new to town
  3. Aren't ready to ...
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June 6, 2016

June 2016 Phoenix Metro Real Estate Snapshot

At the start of June, we continue strong before summer heats up in Phoenix & Scottsdale. Here's what our friends at the Cromford Report are saying:

 

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  • Total Monthly Sales Up 3.4%
  • Monthly Median Sales Price Up 6 ...
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May 6, 2016

Summary of Metro Phoenix Real Estate: Jan-April 2016

I feel like I've been living under a rock... I've worked some pretty long hours, but the year is off to a good start. Please forgive me for being a bit behind on my market updates. I created a handy infographic to sum up all the major details ...

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May 4, 2016

May 2016 Phoenix Metro Real Estate Snapshot

April was a decent month. Here's what the folks at the Cromford Report had to say about real estate in Phoenix & Scottsdale:

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  • Listings Under Contract Up 6.5%
  • Monthly Median Sales Price Up 9.9%

For Buyers
May is ...

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April 11, 2016

April 2016 Phoenix Metro Real Estate Snapshot

The market picked up a lot over the last month and our spring season is showing strong signs of life! Here's what you need to know!

20160420-AprilCromfordInfographic

 

  • Sales Up 7% Over 2015
  • Median Sales Price Up 6.4%
  • Active Listings Up 1%

For Buyers
For the first time since ...

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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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