Mortgage rates have been back on the rise recently and that’s getting a lot of attention from the press. If you’ve been following the headlines, you may have even seen rates recently reached their highest level in over two decades (see graph below): That can feel like a little bit of a gut punch if you’re thinking about making […]
Phoenix and Scottsdale AZ Luxury Condo Sales – September 2023
Luxury Condo Sales in Scottsdale and Phoenix – September 2023 The luxury condo market in Scottsdale and Phoenix keeps plugging along. Although there were not as many sales in September when compared to August, there was some good activity in the UCB and pending arenas. All of the condos in this analysis had list prices […]
Income Properties Are Trending, But Is Landlord Life for You?
If the thought of investing your money into brick and mortar—or perhaps some stylishly-painted siding—excites you, join the club. Investing in real estate has long been one of Americans’ favorite ways to grow their wealth. In fact, over 70% of single-family rental properties are currently owned by individual investors rather than corporations, according to Census […]
Scottsdale AZ Single Family Home Sales – September 2023
– September 2023 Scottsdale Homes for Sale and Home Sales – September was the quietest month we have seen in a while in terms of home sales and sales activity. Again this is to be expected due to seasonality, but we are also feeling the impacts of lower inventory and interest rates. SCOTTSDALE HOME SALES […]
The Return of Normal Seasonality for Home Price Appreciation
If you’re thinking of making a move, one of the biggest questions you have right now is probably: what’s happening with home prices? Despite what you may be hearing in the news, nationally, home prices aren’t falling. It’s just that price growth is beginning to normalize. Here’s the context you need to really understand that trend. In the housing market, there are […]
Halloween Events in Scottsdale for 2023
– 2023 Halloween Events In and Around Scottsdale – Fall has arrived! And with the arrival of Fall comes a large number of Fall Festivals and Halloween events. We have pulled together a collection of upcoming events going on around the Valley to celebrate this time of year. Some are family friendly and some are […]
What Experts Project for Home Prices Over the Next 5 Years
If you’re planning to buy a home, one thing to consider is what experts project home prices will do in the future and how that might affect your investment. While you may have seen negative news over the past year about home prices, they’re doing far better than expected and are rising across the country. And data shows, experts forecast […]
Scottsdale AZ Luxury Home Market – August 2023
– Scottsdale Luxury Home Market Performance for August 2023 – August was definitely a transitional month. Inventory began to reverse course and increase, new contracts (UCBs and pendings) were down and sales for the most point were up due to previous contract activity. This analysis covers the luxury home market in Scottsdale. We track four […]