

Slight Increase in Home Supply!
For Buyers: A faint glimmer of good news for buyers, supply finally stopped declining and actually rose a tiny bit in the last week. ...


AZ Real Estate Market is HOT...Favoring Sellers!
The market is hot and becoming very unbalanced in favor of sellers.


Contracts up 19% between $250K and $600K!
For Buyers: New listings activated in June were down 10.0% compared to last June and overall supply has dropped 9.5% in 4 weeks, putting...


May and June 2019 Were Exceptionally Strong, Despite Slow Start The Beginning of the Year!
The months of May and June 2019 were both exceptionally strong, especially considering the market was looking wobbly back in January. Let...

AZ Remains a Seller's Market
After 2 complete weeks have elapsed we can take a fair reading of how June is doing. It is good news for sellers once again. Closed...


Monthly Sales Up 7.1% in Greater Phoenix...Higher Incomes in Greater Phoenix Fueling More Contracts
For Buyers: Re-sale prices are not predicted to come down this year. Between August 2018 and January 2019 it looked like the market was...


Market Summary for the Beginning of June 2019
The month of May 2019 was a monster. New all-time records were set for sales units and dollar volumes through ARMLS, surpassing not only 201


AZ Housing Market Summary for the Beginning of May
Starting with the basic ARMLS numbers for May 1, 2019 and comparing them with May 1, 2018 for all areas & types: Active Listings...


Median Sales Price up 5.9% to $270,000 in Greater Phoenix: Sales Rebound, Up 3.7% Over Last Year
For Buyers: The median rent paid on single family rentals through the Arizona Regional MLS is currently $1,625 per month, which is...


Mortgage Payments Drop $50 per Month on a Median Priced Home...Listings Under Contract Up 19% in 5 W
Buyers got a break last month as 30-year mortgage rates dropped significantly from an average of 4.41% to 4.08%, which is the lowest they...