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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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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Oct. 19, 2015

7 Points Home Sellers Must Know About the New TRID Rule

for.saleOn 10/03/15, the Consumer Financial Protection Bureau (CFPB) implemented a new rule affecting home loan disclosures. Here's what sellers need to know. It will allow consumers more transparency and a better understanding of the loan terms & process and hopefully prevent mass amounts of borrowers from defaulting on ...

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Aug. 11, 2015

ARMLS: 15,631 Active listings in Maricopa County (and Still Falling?)

It's been exactly 2 months since I posted "ARMLS: 16,586 Active listings in Maricopa County (and Falling?)". Since then, active listing counts  decreased by nearly 1,000 (5.8%).

Active Listings in Maricopa County- 8/8/15

But why should I care? What does this actually mean?!

Let's consider simple economics, assuming conditions stay unchanged ...

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Posted in Buyers, News, Sellers
Aug. 11, 2015

Gains Starting to "Trickle Up" in Phoenix & Scottsdale Real Estate

Summer has been very good to sellers this year in the Valley of the Sun. The growth that initially took shape with the "starter" range close to our median area price of $220,000 is moving through the "move-up" range ($300-500K) and flowed nicely into the lower rungs on the ...

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Posted in Buyers, Featured, News, Sellers
July 30, 2015

Mid-year Stats Show 2015 is a Good Year for Phoenix Real Estate

"A picture is worth 1,000 words..." I agree with this statement, but tend to think that numbers say a whole lot too.

We are more than half way through 2015 and the latest numbers show real estate in the Valley of the Sun is still going strong across most ...

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Posted in Featured, News
July 6, 2015

Metro Phoenix Condo Market Sizzles in 2015

How about that condo market... During the recession, this segment was hit hard and took a long time to recover, coming back more slowly than it's single-family cousin. Today, as those affordable options become scarcer for the demographics fueling the continuing market recovery ("Millennials" & "boomerang buyers"), condos are ...

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Posted in Buyers, Featured, News, Sellers
June 29, 2015

June 2015 Metro Phoenix Market Recap

The "Big Picture"

A lot happened between May and June. It's 2A and I'm working on this long-overdue blog after a solid month of listing and selling. June is turning out to be another good month for real estate in the Phoenix/Scottsdale area. Even if you're ...

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Posted in Buyers, News, Sellers
June 11, 2015

ARMLS: 16,586 Active listings in Maricopa County (and Falling?)

Just about 3 years ago, nearly to the day, a few of my blog posts started with ARMLS: Active XX,XXX listings in Maricopa County. Oddly enough, the changes in our market today are enough to warrant a similar title. No, we're not quite back to levels of inventory ...

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Posted in News, Sellers
May 29, 2015

Deal Breakers that Get in the Way of Buying the "Perfect" House

20150529-straycatsYesterday afternoon I patted myself on the back for negotiating the sweetest deal in the Willo Historic District for some clients. It was on a lot and a half (12,000SF) so there would be room for their boys to play, a future pool addition AND a future home addition ...

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Posted in Buyers, News