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 … [Read more...] about Phoenix Real Estate Market Update – It’s a Buyer Frenzy!
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 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
For those folks waiting for the bottom of the Phoenix Real Estate market - it has come and gone. Here's a little wake-up call from San Tan Valley that demonstrates what we can expect home prices to do in 2012. Buyers, it's really time to come down off the fence...seriously. P.S. I told you!!!! … [Read more...] about Phoenix Real Estate Market Report – January 2012