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
Market Summary for the Beginning of 2020
Phoenix is currently the strongest large-city housing market in the USA and this is fueled by inter-state population movements.
Single-Family Home Supply Dramatically Down from December 2018 in Many Areas
Single-family supply is down dramatically from this time last year in most locations. Counting active listings without a contract here is...
19% of Homes Sold Over Asking Price 24% of Sellers Agreed to Closing Cost Assistance
For Buyers: Supply shortages created an environment of multiple offers and listings sold over asking price last month. This is...
Contracts In Escrow Up 19% Over Last Year
Buyers waiting for prices to come down have been sorely disappointed so far in 2019.
Asking Prices up 9% Over Last Year, but are Buyers Paying It...These Homes Have Appreciated the Most
For Buyers: The news media is filled with short-term predictions regarding the economy and how it will, or will not, affect real estate...
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. ...
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....
LOWEST Number of New Listings Posted in at Least 18 Years...Contracts in Escrow Up Over 15%!
For Buyers: It’s slim pickings for buyers in Greater Phoenix these days unless your budget is over $500,000. Overall supply is 14%...
