July Breaks Records in 2020: 65% of Homes Affordable in Greater Phoenix
For Buyers: It’s a jungle out there for buyers, but despite recent appreciation rates the HOI* measure for Greater Phoenix increased to...
AZ Housing Market is HOT...Top 5 AZ Cities Selling Over Asking Price
For Buyers: Greater Phoenix has a population of approximately 4.8 million people and 1.4 million single family homes, condos and...
AZ Housing Market Supply Hitting Historical Low
The market is becoming so lop-sided it is approaching absurdity. Demand has recovered and is now close to normal in most areas. The...
Listings Under Contract Hit New Highs
Listings under contract continue to accumulate as buyers write up contracts for the diminishing supply of homes for sale. Note how 2020...
27% Drop in Closed Listings
The ARMLS database shows a 27% fall in closed listings for April compared with April 2019. This is for all dwelling types across Greater...
AZ Home Prices Not Likely to Fall
Over the last week we have moved from a daily fall of 2.5 to a daily fall of 1.6. This trend is favorable and it now looks unlikely that...
COVID-19 Statistical Update...APRIL 24th
The COVID-19 pandemic is by far the most significant factor affecting the housing market, which is why we are putting effort into...
Pandemic Puts Housing in a “Pinch” COVID-19 Aftermath: Good News for Normal Buyers
The kickoff of 2020 was developing into a nightmare for normal buyers who just wanted to find a place to live. Extreme competition for...
AZ Housing Market Summary for the Beginning of April
Since last month's summary the world has been turned topsy turvy by the COVID-19 pandemic. However the Greater Phoenix housing market has...
