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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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Greater Phoenix is Not Close to Peaking in Price for Residential Resale
For Buyers: Don’t be fooled by the small increase in supply and decrease in demand compared to last year. The Greater Phoenix housing...