This week in Phoenix real estate…nothing like raising the interest rate by 2% to grab the attention of the Phoenix real estate market. The Mortgage Bankers Association index of 5.36 is 2.03 points higher than it was on January 1. For the median home price (currently $470K) that equates to an increased monthly payment of about … [Read more...] about This Week in Phoenix Real Estate….May 9 2022
For Home Buyers
This Week in Phoenix Real Estate…April 18, 2022
This week in Phoenix real estate… Signs are continuing to point to an excruciatingly slow return to “normal” in Phoenix real estate. We saw a 16% increase in active listings compared to this time last year (WOW!!) which is a mere 61% less than we had in April 2020. Well, that was that whole COVID year, sooo. OK, a mere 70% less … [Read more...] about This Week in Phoenix Real Estate…April 18, 2022
This Week in Phoenix Real Estate – February 14, 2021
This week in Phoenix real estate...it's not exactly news that that there aren't enough houses to go around. What might be surprising is how quickly the lower price ranges are changing. Homes on the market, priced under $400K, are down 47.6% compared to last year. However, homes priced between $400K-$500K are up 109% overall, … [Read more...] about This Week in Phoenix Real Estate – February 14, 2021
No Foreclosure Tsunami Phoenix Real Estate This Week
Here's this week's Phoenix real estate snapshot - foreclosure tsunami more wishful thinking than reality: Inventory is stabilizing at about 22 days of inventory - less than 4,000 homes on the market - in Metro Phoenix. Typical inventory is 134 days. Prices continuing to rise quickly with no relief in sight for … [Read more...] about No Foreclosure Tsunami Phoenix Real Estate This Week
Downtown Mesa…Living the Main Street Life
Downtown Mesa is Hopping! The arrival of the light rail in 2015 woke up this sleeping urban area that was THE center of the action back in the day. Since then, new restaurants have opened their doors, new housing developments have sprung up and more people have come to appreciate this true downtown experience. It’s not … [Read more...] about Downtown Mesa…Living the Main Street Life
Affordable Rentals in Mesa
What’s Sold Recently in Sun River, Chandler AZ 85249
Sun River is a subdivision of single family homes in South Chandler, AZ. The community includes over 18 acres of parks, green belts, a children’s playground, and 3 armadas. Here’s what’s for sale and what’s sold recently in Sun River. … [Read more...] about What’s Sold Recently in Sun River, Chandler AZ 85249
Moving to Phoenix? Things I Get Asked ALL The Time
Phoenix is a great place to live. Just ask the more than 4.6 million people that live in the Phoenix Metropolitan area. Which is why I get regular phone calls, particularly from folks living in States that experience a frozen-tundra type of winter, asking about moving to Phoenix. ASAP. I have noticed a common thread among … [Read more...] about Moving to Phoenix? Things I Get Asked ALL The Time
