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This week in Phoenix real estate……Wow, just wow…a 53% gain in active listings compared to last year. 41% more than this time last month. But the increase in listings is just part of the story. All indicators that look at supply and demand are dropping fast: * 27 days of inventory compared to 19 a month ago, the highest we … [Read more...] about This Week in Phoenix Real Estate…May 16, 2022

10261 S Hopi Lane, Goodyear, AZ Get Directions Click Here Description Photos Maps & Local Schools Virtual Tour Walk Score $ Click for current price 3 BEDROOMS 2 BATHROOMS (2 … [Read more...] about 10261 S Hopi Lane, Goodyear AZ 85338

The rental market is the real estate version of the canary in the coal mine. It's going to show the first signs of change. Think about it. As prices go up, wealthy people will buy few houses; well-to-do people will by smaller houses; starter home people will rent, and renters will get roommates. So the recent changes in the … [Read more...] about This Week In Phoenix Real Estate — Has the Rental Market Hit a Plateau?

This week in Phoenix real estate...the rumors are true. Mortgage rates are going up. We are seeing roughly a 0.5% bump from last month, with expectations for more increases through the year. I personally have heard a few peeps freak out over this rate increase. Climb off the roof, my friends. Let's keep this in perspective. … [Read more...] about This Week in Phoenix Real Estate – January 31, 2022

This week in Phoenix real estate...maybe you didn't get the message sellers...we need more inventory!! OK, I get it...once you sell your house, where will you live? With now 3 out of every 4 buyers asking that same question, it makes sense that sellers are reluctant to sell for fear they will then be couch-surfing with all the … [Read more...] about Phoenix Real Estate Market Update – January 24, 2022

This YEAR in Phoenix real estate...ha! ha! just kidding!! Who knows what's going happen this year. Like Yogi Berra said: “It's tough to make predictions, especially about the future.” And that is certainly true for real estate. There are few things that are likely: 1) Home prices will go up. 2) Interest rates will go … [Read more...] about This Week in Phoenix Real Estate – January 3, 2022