Luxury Condo Sales in Scottsdale and Phoenix – August 2023 August was actually a decent month for the luxury condo market in Scottsdale and Phoenix. We saw some upticks in contract volume and sales were up slightly. In order to be included in this report, all of the condos had to have a listing price […]
Top 7 Tips To Attract the Best Offers for Your Home
Not long ago, home sales were in their heyday, as historically-low mortgage rates triggered a real estate buying frenzy. However, the Federal Reserve shut down the party when it began raising interest rates last year.1 Today, it’s not as simple to sell a home. While pandemic-era homebuyers were racing the clock—trying to lock in […]
Scottsdale AZ Single Family Home Sales – August 2023
– August 2023 Scottsdale Homes for Sale and Home Sales – As expected, August was a quiet month for home sales in Scottsdale. We see this seasonality for the most part annually as the summer months can be quite hot. We should also factor in interest rates and low inventory as well. On a positive […]
Equity Is a Game Changer for Homeowners Looking To Sell
If you’re a homeowner, you might be torn on whether or not to sell your house right now. Maybe that’s because you don’t want to take on a higher mortgage rate on your next home. If that’s your biggest hurdle, understanding your equity may be exactly what you need to help you feel more comfortable making your move. What Equity […]
Why You Don’t Need To Fear the Return of Adjustable-Rate Mortgages
If you remember the housing crash back in 2008, you may recall just how popular adjustable-rate mortgages (ARMs) were back then. And after years of being virtually nonexistent, more people are once again using ARMs when buying a home. Let’s break down why that’s happening and why this isn’t a cause for concern. Why ARMs […]
Things to Do in Scottsdale – September 2023
– Scottsdale Events – September 2023 – It is hard to believe September is here already! Here are some events going on in and around Scottsdale during the month.
People Want Less Expensive Homes – And Builders Are Responding
In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory. To overcome those challenges, many people are working with their agents to find less expensive homes. And with newly built homes making up a historically large percentage of the total […]
Scottsdale AZ Luxury Home Market – July 2023
– Scottsdale Luxury Home Market Performance for July 2023 – Activity tapered off again during the month. As I mentioned last month, this is due to seasonality and homeowners taking their homes off of the market during the summer months. But, we did see some mixed good news with pending contracts. This analysis covers the […]
