

Pandemic Effect: Closed MLS Sales Down 31% Look Who’s Back: Weekly Contracts Up 40% in 4 Weeks
For Buyers: Greater Phoenix contract activity dropped 39% over the course of 6 weeks between March and mid-April. The effects of those...


Phoenix Home Prices Projected to Not Stop Rising in 2020...Active Supply Down 32% from January 2019
...active supply was counted at just over 12,000 listings for all of Greater Phoenix. This is down 32% from this time last year and excruci


Contracts In Escrow Up 19% Over Last Year
Buyers waiting for prices to come down have been sorely disappointed so far in 2019.


Extraordinary AZ Real Estate Market!
I cannot stress enough how unusual the active listing counts look this year, collapsing after hitting a peak at the beginning of March....


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...


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...


Price Reductions up 71% on Listings $200K-$250K: Sellers: Get Competitive, It’s “Buyer Season”
For Buyers: Good news for buyers over the past few weeks, interest rates came down a few notches. That combined with the increased loan...


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


Greater Phoenix Buyer Contracts Down 15% It’s Still a Good Time to Sell… For Now
For Buyers: The monthly average interest rate rose to 4.64% in December 2018, up 0.69% from the previous December’s 3.95%. For buyers who...