– January 2024 Scottsdale Homes for Sale and Home Sales – We are one month into 2024 and things are definitely changing in the Scottsdale real estate market! Inventory is up as are new contract totals. . SCOTTSDALE HOME SALES ACTIVITY – JANUARY 2024 Each month, we look at the following four items: – Single-family homes […]
2 of the Factors That Impact Mortgage Rates
If you’re looking to buy a home, you’ve probably been paying close attention to mortgage rates. Over the last couple of years, they hit record lows, rose dramatically, and are now dropping back down a bit. Ever wonder why? The answer is complicated because there are a lot of things that can influence mortgage rates. Here are […]
Things to Do in Scottsdale – February 2024
– Scottsdale Area Events in February 2024 – The high season in Scottsdale is always packed with fun events. February promises to live up to that statement. Old Town Scottsdale Western Week – Now – February 4th – This annual event offers so many things to do and experience. Watch the Hashknife Pony Express ride […]
Scottsdale AZ Luxury Home Market – December 2023
– Scottsdale Luxury Home Market Performance for December 2023 – The year ended with another set of mixed results. Inventory was down across the board, but we do see this every year as some sellers take their homes off of the market for the holidays and many listing contracts expire at the end of the […]
2 Reasons Why Today’s Mortgage Rate Trend Is Good for Sellers
If you’ve been holding off on selling your house to make a move because you felt mortgage rates were too high, their recent downward trend is exciting news for you. Mortgage rates have descended since last October when they hit 7.79%. In fact, they’ve been below 7% for over a month now (see graph below): And while they’re not […]
Phoenix and Scottsdale AZ Luxury Condo Sales – December 2023
Luxury Condo Sales in Scottsdale and Phoenix – December 2023 After a quieter November, we did see a little bit of positive sales momentum in the Scottsdale and Phoenix luxury condo market. All of the condos in this report were priced at or above $1 million. ACTIVE LISTINGS AT THE END OF DECEMBER The number […]
15 Fun Facts About Scottsdale
If you’re in search of a destination that offers art, culture, history, and excitement, Scottsdale, Arizona should definitely be on your list. Scottsdale has so many things to do and experience, including shopping, dining, art, top-notch golf courses and breathtaking natural landscapes. But before you pack your bags or hop in your car, here are […]
Real Estate Market Forecast: Opportunities for Home Buyers and Sellers in 2024
A growing share of home buyers and sellers sat on the sidelines last year as the pace of home sales continued its downward trajectory.1 In fact, since the Federal Reserve began its series of interest rate hikes in 2022, the combination of higher borrowing costs and record-high home prices has fostered the steepest real estate […]