Hello, Hope your Late 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 We still have 2 cities that moved in a direction favorable to sellers over the last month, Cave Creek and Tempe. However these 2 are only just positive and their change over the last 2 weeks is unfavorable...
Hello, Hope your Late 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 Here is our latest table of Cromford® Market Index values for the single-family markets in the 17 largest cities. This week we have only 2 cities that moved in a direction favorable to sellers over the...
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...
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...
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....
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...
THE Phoenix Market News Up-to-the-day numbers from the Cromford Report-Numbers for July 2023: There were 6,081 closed transactions with a median sales price of $464,990 Closings were down 15% from July 2022, and down 20% from June 2023 The median sales price was down 2.1% from a year ago and down 1.3% from last month The median sales price has fallen for the first time since...
This week's Newsletter hot off the presses (well, virtually! LOL!)! We're talking about the Fed, did they Raise Interest Rates AGAIN? Find out here! What about Phoenix Real Estate news, do you know how much our Cost per Sq Ft has gone up since January?? Find out here! Top Environmental Features Buyers take into consideration? Find out here! Upcoming events? Check them out here! Father's...
June 11 newsletter is hot off the presses (virtually)! Want some accurate info for your favorite part of the Valley of the Sun? Comment here or contact...
June 3 newsletter is hot off the presses (virtually) ! Want some accurate info for your favorite part of the Valley of the Sun? Comment here or contact...