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
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...
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%...
The Raegen Johnson Group Analyzes iBuyer Options with Sellers
The Raegen Johnson Group will assist you with analyzing the Pros and Cons of selling your home to an iBuyer (i.e. Opendoor, Offerpad, etc.)
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...