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 …

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 …

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 …

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 …

It's interesting to me that for the last week or so, the Cromford Report has been putting out statistics analyzing everything from where the most expensive homes are being sold, to where most homes between $200-400K are selling. The common denominator of all of these charts, data and analysis …

Happy Earth Day!!

My Q1 2015 Recap for Phoenix real estate, broke down how our market shifted in a big way from being balanced (not very exciting) to increased demand and sales activity. Year to date, closed dollar volume is the 3rd best year we've seen since The …

Q1 2015 is already done. Across Maricopa County, many cities in the Phoenix Metro are seeing dramatic improvements over the last 12 months. I've broken down the finer points of what's happening in our market so you can know exactly what's going on without needing to go …

From February to March, we saw a huge jump in the Cromford Market Index. This index takes the temperature of our real estate market and says how "hot" or "cold" the market really is. It seems odd to me, but at the time I didn't question it. Here's …

Real Estate in spring 2015 is off to a great start! Home sales in the Phoenix & Scottsdale Metro Area continue to increase & listing volume is trending lower than recent years: (3/11/15 Cromford Report)

March 11 - The number of active listings for Greater Phoenix (excluding UCB) is …

It's been a little quieter on the roads since all the Super Bowl visitors left on 2/3, but traffic to listings is up! In the last 2 weeks, pending sales increased by 10% compared to the same date last year. That number is good, but when you split …