You can imagine that buyers’ agents don’t love a good old-fashioned bidding war on a house their buyer wants. But you might be surprised to learn that even listing agents don’t love dealing with them either. Well, to be fair, it’s more of a love / hate kind of thing. They love generating multiple offers for their sellers to choose from, and ultimately getting them the highest price and best...

Hello, Hope your September is going well!  Here's the news, listings, open houses, events and more!  Reach out if you have any specific questions!  Enjoy! Phoenix Area Real Estate News  Once again this week, the same 4 cities that moved in a favorable to sellers direction, but the other 13 moved in a favorable to buyers direction. The downward trend accelerated since last week. The average CMI...

Everyone knows that dealing with multiple offers is stressful when you’re a home buyer… …but what’s not to love being a seller on the opposite end of the situation?! It’s the ideal situation, right? You put your house on the market, buyers fight over it, driving up the price, and all you have to do is pick the offer you like best! Voila! Piece of cake. Well,...

Here's all the Phoenix-area and Nationwide Real Estate News!  Have any specific questions?  Don't hesitate to reach out! The Phoenix Market This week we have 4 cities that moved in a direction favorable to sellers, up from 2 last week. Paradise Valley and Tempe are the new members of the green team. Even so, the trend downwards is slightly stronger than last week. The average CMI...

"Love Letters"...have you heard of them?  Is it a weapon for your arsenal?  Seeking your dream home in Arizona? Let's face it, scoring the perfect house at a steal of a price is the ultimate victory. However, in a market with limited inventory, rising interest rates, and intense competition, landing your desired home has been a feat in itself. But hold on tight – a recent study by Indiana University...

https://youtu.be/IBaocbza_tE Welcome to your dream oasis in Wigwam Creek South! This stunning 4-bedroom, 2-bathroom 2,284 sq ft home is designed for both comfort and style. The spacious great room is a hub of relaxation, boasting ample space and an entertainment niche that's perfect for hosting gatherings and making memories. Calling all culinary enthusiasts – the kitchen is a chef's...

Fears of "higher for longer" interest rates helped send average 30-yr mortgage rates to a new, two-decade high of 7.49%. New home sales are holding up, but existing home sales have been fading on both affordability and availability issues. The Phoenix Market We've observed a decrease in the number of cities favoring sellers, with only 2 cities displaying such a trend now, as opposed to 3 last week....

Ah, the thrill of house hunting in Phoenix, Arizona! Picture yourself strolling through the neighborhoods, envisioning a life in each charming abode. As you do, you're probably on the lookout for those glaring red flags – the kind that give you pause and make you question if that dreamy house is really "the one." But wait, there's another class of signals to consider: the elusive "beige flags." These are...

Hey there, future Phoenix-area (Valley of the Sun) house hunters (or potential house hunters)! If you're embarking or have embarked on the exciting yet sometimes daunting journey of house hunting to buy a home in the Valley of the Sun, you're in for a ride full of ups and downs. But remember, the road to finding your dream home is paved with patience, persistence, and the right agent by your side. So, grab...

Mortgage rates are about to set a new peak, and that's hitting affordability, inventory, transaction volumes and even builder confidence. This despite a halving of headline inflation over the last 10 months. When will the Fed quit playing 'chicken' with the economy?  Here's my Weekly Newsletter ! THE Phoenix Real Estate Market: Hyper-Local news and info from the Cromford Report.  Want something...