Sorry to interrupt your regularly scheduled PBS program in the drab, grey fields of irrational paranoia, fear and anarchy, but I have an important message for you: IT'S ALL IN YOUR HEAD. WE ARE NOT IN A HOUSING CRISIS. We are not about to be in one either! I know what you're thinking, "Oh, but Kristin, you're a REAL ESTATE … [Read more...] about Are We Headed For Another Real Estate Bubble?
Real Estate Market News
Yikes! Where are All the Affordable Houses?
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 … [Read more...] about Phoenix Real Estate Market – 2015 in Review
Interest Rates Rise for the First Time Since 2006
Told ya... As expected, the Federal Reserve announced that short-term interest rates would rise by 25 basis points (0.25%), the first time the interest rate has increased since 2006. For seven years, the Fed held short-term rates near zero to apply the paddles to the cardiac crisis that hit the US economy back in 2006, and … [Read more...] about Interest Rates Rise for the First Time Since 2006
Homes For Sale in Phoenix-What’s Hot, What’s Not?
Rising Mortgage Rates And The Rumors They Inspire
Last month, over 271,000 jobs were added in the U.S. - the highest amount so far this year. The unemployment rate dipped to 5 percent, and wages rose at the fastest pace since 2009. In a report released last week by the Feds, all signs point to a healthy U.S. job market, almost fully healed from the deep wounds of the Great … [Read more...] about Rising Mortgage Rates And The Rumors They Inspire
A High and Mighty Look at Phoenix Real Estate
A high and mighty look at the Phoenix Real Estate Market as we head into the 4th quarter of 2015. This time of year, the market tends to slow down and the trends we are seeing indicate that this year will follow suit. Inventory is rising, which tends to shift the advantage from the sellers towards the buyers, which many buyers … [Read more...] about A High and Mighty Look at Phoenix Real Estate