Phoenix Area Real Estate and Community News

May 7, 2020

Does Buying or Selling a Home Make Sense Right Now?

If you’re on the fence about buying or selling a home, allow me to help.

 

We know that there are a lot of you out there who are on the fence about buying or selling right now. We’re going to share some information with you today that will hopefully ease your worries. We entered this health crisis in a strong position as one of the hottest markets in the nation, but where are we now? We’ve had a 6.4% increase in listing inventory over the last month, but inventory is down overall by 19.8% from where it was at this time last year and our seller’s market is as strong as ever. To learn more about how our market is doing, watch this short video.

Posted in Selling Your Home
April 14, 2020

There’s No Need to Worry About a Housing Crash

I’m discussing whether a housing crash is coming soon due to the health crisis changing everything in the market.

The most frequent question I receive is: Are we headed for a housing crash similar to that of 2005 through 2008? Thankfully, the answer is no. Before the health crisis, we were in a real estate frenzy, and there was a very high demand for homes. We were seeing about 2,500 to 2,700 contracts accepted weekly. Now, during the pandemic, we had 1,500 accepted contracts just last week, so lots of activity is still happening. To learn more about why the 2020 market is different from 2008, watch the short video above.

Posted in Market Updates
July 31, 2017

Curious About Local Real Estate?

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

Get Local Market Reports Sent Directly to You

You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates