Phoenix Real Estate Market Update – It’s a Buyer Frenzy!

The Phoenix real estate market is in a buyer frenzy early in the season due to low inventory in the most active price ranges. For Buyers: Buyers continue to find themselves in a frenzy of competition for homes as March recorded the highest number of non-distressed sales through the MLS since September 2005.  Supply has dropped a significant 12.7% overall compared to this time last year. That's a whopping 22% drop  in the Southeast Valley and 27% in Pinal County! Despite the extreme lack of supply under $300K, 30% of closings in this price range are showing some form of seller-paid concession at close.  Compare this to 27% in March of … [Read more...]

What Homes Went On Sale In Mesa TODAY?

What's NEW in Mesa real estate TODAY? These homes just hit the market...be the first to see what homes are for sale in Mesa right now! Check out the list of the newest listings to hit the Mesa real estate market. From quaint fixer-uppers to mega-mansions, Mesa has them all! Do you want to stay on top of all the new listings in Mesa? You can create your own account (use the button below) so you can  save your favorites and get regular updates. Looking for something different? Tweak this search or request your very own custom search <---- right here   … [Read more...]

Who’s Calling the Shots in Phoenix Real Estate? Buyers or Sellers?

Word on the street is that it's a buyer's market in Phoenix right now. Ummmm...not exactly. The answer to the question of whether buyers or sellers have the edge in the Phoenix real estate market, like a lot of questions about Phoenix real estate, it depends. Let's take a look at how the price of the house is related to  who holds the cards. In a nutshell, sellers hold the cards in the lower price ranges and buyers take the advantage in the luxury market. Here's a breakdown by price range: Note that homes listed for $175,000 or less are in extremely low supply. Finding a good home in this price range is tantamount to a unicorn hunt. … [Read more...]

Homes For Sale in Phoenix-What’s Hot, What’s Not?

Let's take a look at the current inventory of homes for sale in Phoenix...What's hot and what's not? There are currently more than 17,600 homes for sale in Maricopa County. When you look at the mix of price ranges on a map, you can see a heat map forming representing affordability across the Valley. For homes in price of $200K or less, your best bet is the West side. If you want to live in the East Valley - Mesa, Tempe, Gilbert or Chandler, you are going to need to spend a few more bucks - most homes are $200K and above.  If you want to drop some serious dollars on your new house, northeast Phoenix and Scottsdale are the places to … [Read more...]

Living the Main Street Life…Homes for Sale in Downtown Mesa, Arizona

  Downtown Mesa! It's coming alive folks.  Back in the day, Main Street in Mesa was The Place, and like many downtown areas in the suburbs of Phoenix, it is enjoying a renaissance. With the opening of the light rail extension from Sycamore to Mesa Drive, Main Street has a new energy, an artsy vibe. The historic buildings are casting aside the past and inviting new businesses to wake up this blast-of-the-past town center. With a focus on art and music, Downtown Mesa welcomes an artist-centric culture to the East Valley. This is Main Street USA, where people wave to you as you stroll down the street. Stop in at Jarrod's Coffee, … [Read more...]

Phoenix Real Estate Market Update – September 2015 – Live from Downtown Mesa

A LONG overdue update of the Phoenix Real Estate Market - live from Volstead Public House at 105 W Main St in Mesa! Things are VIBRANT in the Phoenix real estate market right now, with an edge to sellers in most cases. Sales volume has started to lighten up as we approach the end of the year, but some of areas of the Valley are still seeing brisk sales. HOT areas are Avondale, Glendale, Surprise, Tempe and Mesa (yeah!). For more information, you can reach me at Kristin LaVanway 480-282-7464 kristin@hereinphoenix.com Check out Volstead Public House at https://volsteadpublichouse.wordpress.com/ More in Downtown Mesa … [Read more...]