Phoenix Real Estate Market – 2015 in Review

And now, for the traditional look-back at the year that was. How did the Phoenix real estate market fare in 2015? Not too shabby! In a nutshell, 2015 favored sellers over buyers in most areas, as has been the trend since 2011. The good news for buyers, however, is that sellers can no longer dial it in. There were far more price reductions, more nail-biting, and overall, less partying by sellers and a little more satisfaction in the buying experience.  Gone are the days of slowly driving your car by a house, adding $20K to the listing price of some dump that meets 25% of your must-have criteria, and hoping this, your 27th offer, would … [Read more...]

Phoenix Real Estate Market Update – The Scoop for June 2012

Are you sitting down? Here they are - the numbers for the Phoenix Real Estate Market as of June 2012. Yeah, it's still crazy. Inventory levels for the lower price ranges are practically zero! Equity sales continue to grow in numbers and prices are fast approaching the 2003 price levels. Kristin LaVanway http://www.HereInPhoenix.com Kristin@HereInPhoenix.com 480-282-7464 … [Read more...]

Phoenix Real Estate Market – May 2012 – INSANITY

The insanity is not just continuing, it's out of control. Inventory is still falling, prices are climbing, and tears are flowing as buyers suddenly realize the home-ownership train is leaving the station without them. Here are the cold hard numbers and a couple of survival tips for you! Kristin LaVanway Kristin@HereInPhoenix.com 480-282-7464 … [Read more...]

What’s Happening in Phoenix Real Estate – April 2012

Are We Really Running Out Of Houses? The real estate market in Phoenix continues to return to a more "normal state" whatever that means. Prices are edging up especially in price ranges below $250K, and inventory has dropped below the 2 month mark. Yikes! Think the shadow inventory is going to replenish the market - don't be so sure. However you look at it, we are going to be low on inventory for a while. Buyers: get over the fantasy that another big price drop is going to happen here in Phoenix. All signs point to higher prices. Good luck buyers and welcome back sellers!! … [Read more...]