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AZ Housing Market Update for Beginning of April 2020
Here is our usual table of Cromford® Market Index values for the single-family markets in the 17 largest cities. In regards to the...
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A Letter to Our Clients During this Difficult Time
Dear Friends, Raegen and I are thinking about you and would like to send you all the love and support you need during this challenging...
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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
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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.
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24% of Sellers Agreed to Closing Cost Assistance"
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...
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Contracts In Escrow Up 19% Over Last Year
Buyers waiting for prices to come down have been sorely disappointed so far in 2019.
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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...
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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%...
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AZ Real Estate Market is HOT...Favoring Sellers!
The market is hot and becoming very unbalanced in favor of sellers.