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Arizona's Market Mosaic: Navigating the Nuances of Real Estate Dynamics
The proportion of the list price that sellers secure at the sale has increased from 96.61% last year to 97.58% today, signaling an uptick...
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It’s Back! Greater Phoenix is in a Seller’s Market AgainWhen the Mortgage Rate Drops 1%, the Payment Drops By….
For Buyers: Well the balanced market didn’t last long, 7 weeks to be exact. Last month the Federal Reserve gave the housing industry a...
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Paradise Valley Soars in Real Estate: A Comprehensive Analysis of Arizona's City-Wide Price Shifts in 2023
The accompanying bar chart presents a detailed ranking of various cities based on the two-year change in their annual average price per...
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The Ultimate Guide to Successfully Selling Your Home: Tips, Tricks, and Expert Advice.
When you decide to put your home on the market, it's crucial to make a great first impression on potential buyers. A well-prepared home...
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Greater Phoenix Balanced Market May Not Last Long
For Buyers: Greater Phoenix has moved out of a seller’s market and into a balanced market, but it’s unclear how long this opportunity...
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It’s a Buyer’s Market Once Again In These 8 Cities Median Seller Incentive Hits a New High
For Buyers: Buyers who felt they lo st out on the buyer’s market last year will be getting another chance this year. The Greater Phoenix...
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Wait Doesn't Necessarily Lead to a Lower Payment
To calculate the true cost of waiting to buy a home versus buying now with the potential to refinance in the future when interest rates...
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Back to the 80’s? Loan Assumptions, Rate Buy Downs, and Incentives More Choice for Buyers: Supply Up
For Buyers: The 4th quarter is here, and this is the best time of year to be a buyer in Greater Phoenix! Inventory continues to rise, up...
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Monthly Cromford Market Update...September 2023
For Buyers: When first-time home buyers talk to their parents or grandparents about today’s mortgage rates, they may get a response...
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New Listings Are the Lowest Seen in Over 22 Years: Demand 22% Below Normal
As always, we strive to inform our clients with timely market data. Here are the latest stats from Tina Tamboer, Senior Analyst with the...