– Scottsdale Luxury Home Market Performance for April 2023 – Sales activity in the luxury home market was mixed in April, but still delivered a solid performance. This report looks at the luxury home market in Scottsdale. All of the homes were listed for $1 million or more. To show more granular data, we have […]
Phoenix and Scottsdale AZ Luxury Condo Sales – April 2023
Luxury Condo Sales in Scottsdale and Phoenix – April 2023 Although sales were down slightly from March, the luxury condo market in Scottsdale and Phoenix still posted strong results. This report covers the Scottsdale and Phoenix luxury condo market. All of these homes were listed for $1 million or more. ACTIVE LISTINGS AT THE END […]
The Impact of Inflation on Mortgage Rates
If you’re reading headlines about inflation or mortgage rates, you may see something about the recent decision from the Federal Reserve (the Fed). But what does it mean for you, the housing market, and your plans to buy a home? Here’s what you need to know. Inflation and the Housing Market While the Fed is working […]
Quick Video Update of the Scottsdale Real Estate Market – April 2023
– April 2023 Scottsdale Housing Market Video – Here is a one-minute video overview of the Scottsdale, Arizona real estate market that covers the month of April. April 2023 – Video Scottsdale Active Listings The month of April closed out with 1,061 homes for sale. This is up 72% over April 2022, but at that […]
Scottsdale AZ Single Family Home Sales – April 2023
– April 2023 Scottsdale Homes for Sale and Home Sales – April was a mixed month in terms of sales activity. The number of homes for sale as well as actual home sales were down, but pending contract activity was up. SCOTTSDALE HOME SALES ACTIVITY – APRIL 2023 Each month, we look at the following […]
How to Become a Homeowner on a First-Time Buyer’s Budget
It’s not easy being a first-time homebuyer right now. At the end of last year, housing affordability hit an all-time low.1 Additionally, mortgage rates have risen significantly since 2021, while inventory remains tight for many property categories, we see this even more for starter homes. Even lower-priced condos are harder to snag these days, as […]
Why Buying a Home Makes More Sense Than Renting Today
Wondering if you should continue renting or if you should buy a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. That’s because, historically, rents trend up over time. Data from the Census shows rents have been climbing pretty steadily since 1988. And, data from the […]
Things to Do In Scottsdale – May 2023
– Scottsdale Events May 2023 – The events are not slowing down in May. Here is a collection of events taking place in and around Scottsdale this month. 🏞️ Go Tubing on the Salt River – Starts April 29th – It is time for tubing again! Spend your day flowing down the Salt River. This […]