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 …

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 …

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 …

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!

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

For Buyers
For the first time since …

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

• 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 …

Here's how February 2016 is shaping up:

• 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 …

(Updated from my original post on 3/9/12)

You just decided you want to sell or lease your home, as many sellers do in the Phoenix/Scottsdale area do each spring. You, the Jones's and many other would-be sellers get ready, cross their fingers (and toes) and hope …

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 …

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

• 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 …

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 …