Seller Market is Officially Over! How Some Sellers Are Winning Against Interest Rates
For Buyers: Welcome to a balanced market*, how quickly the tables have turned! While seller markets are ideal for the not-so-perfect...
Last 2 Months Dismal for Greater Phoenix Housing Market
The last 2 months have been dismal for the Greater Phoenix housing market, with demand fading sharply and supply growing at one of the...
Home Price Deceleration Doesn’t Mean Home Price Depreciation
Experts in the real estate industry use a number of terms when they talk about what’s happening with home prices. And some of those words...
BREAKING NEWS...Federal Reserve Raised Interest Rates 0.75%!
The Federal Reserve just raised interest rates by the most since 1994, pushing its benchmark rate higher by 0.75% in a bid to slow...
AZ MLS Housing Supply Up 113% Over Last Year
For Buyers: Market conditions continue to get better for buyers undeterred by rising mortgage rates. Over the last 10 weeks, there has...
AZ Housing Market in Downward Trend
A downward trend in the housing market was anticipated, but it wasn’t anticipated to be so dramatic and quick. The softening trend is now...
Signs the AZ Housing Market is Slowing Down Quickly
We are seeing signs our housing market is pointing towards a "softening". We aren't talking a crash...just a housing market that is...
MLS Supply Up 45% in 6 Weeks: Rising Interest Rates Dropping Demand Quickly
For Buyers: It’s the moment you’ve been waiting for, less competition and more supply in Greater Phoenix! Active supply is up 40% from...
57% of Sales are Over Asking Price: Median Sale Price Up 27% to $457,000
For Buyers: Supply is still the top concern for buyers these days and we continue to look to new construction to add new homes and ease...
Greater Phoenix Housing Market Far from Weak...Prices to Appreciate in the Foreseeable Future
For Buyers: Don’t be fooled by the small increase in supply and decrease in demand compared to last year. The Greater Phoenix housing...
