– 2023 Scottsdale 4th of July Celebrations – The 4th of July is almost here and that means lots of fun events in Scottsdale and around the Valley. We have pulled together a list of some of the larger events coming up. There are just a few of the many 4th of July 2023 events […]
Scottsdale AZ Luxury Home Market – May 2023
– Scottsdale Luxury Home Market Performance for May 2023 – May was a very good month in terms of sales of luxury homes in Scottsdale. New contracts came in with mixed results and inventory is on its way down again. In this report, we examine the Scottsdale luxury home market, where all of the homes […]
Are Home Prices Going Up or Down? That Depends…
Media coverage about what’s happening with home prices can be confusing. A large part of that is due to the type of data being used and what they’re choosing to draw attention to. For home prices, there are two different methods used to compare home prices over different time periods: year-over-year (Y-O-Y) and month-over-month (M-O-M). […]
Phoenix and Scottsdale AZ Luxury Condo Sales – May 2023
Luxury Condo Sales in Scottsdale and Phoenix – May 2023 The Scottsdale/Phoenix luxury condo market had another excellent month of sales in May. In this analysis, we look at luxury condo sales in Scottsdale and Phoenix. To be a part of this report, the condo had to have a list price of one million dollars […]
National Real Estate Market Update for 2023
There’s an old adage in real estate: location, location, location. But ever since the Federal Reserve began its series of inflation-fighting interest rate hikes last year, a new mantra has emerged: mortgage rates, mortgage rates, mortgage rates. Higher rates had the immediate impact of dampening homebuyer affordability and demand. But this year, we’re seeing further […]