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!
There are some real hot spots in Phoenix this winter. These Hot Spots are fueled by two things: Jobs Lifestyle There's been a lot of job growth recently in the I-10 corridor, the I-17 corridor as well as right around North Tempe and South Scottsdale. So let's use a fun bee analogy, shall we? These … [Read more...] about Hot Spots in Phoenix Real Estate
Does it really matter who you choose to do your mortgage? Can't you just go down to any ho-hum bank and get a home loan? Or call that spammy 1-800 number (that is most likely a sex hotline) you got from a quick Google search? Yes, it matters! And it’s a big FLIPPIN’ deal! You might be thinking, “Big Box is the way to go … [Read more...] about Big Box Banks vs. Local Mortgage Banker
[youtube https://www.youtube.com/watch?v=pT6QGV8Bdvc?rel=0&w=853&h=480] Are you having trouble finding a rental property in Phoenix right now? Well, you are not alone. Our rental inventory is a fraction of what it was a few years ago. Just to out things in perspective, in 2008,there were roughly 10,000 properties … [Read more...] about No RENTS for the Weary
[youtube https://www.youtube.com/watch?v=-OKyKE6c9LY?rel=0&w=853&h=480] 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 … [Read more...] about Who’s Calling the Shots in Phoenix Real Estate? Buyers or Sellers?
https://youtu.be/lfrwDv1DgqY This weekend, I submitted offers in two "bidding wars". OK. They were more like bidding skirmishes, as a bidding war these days usually garners 3-5 offers compared to the 25-40 offers we were seeing a few years ago. Multiple offer situations tend to scare buyers. But guess, what? My clients offers … [Read more...] about Bidding War? Bring It, Baby!