– Scottsdale Luxury Home Market Performance for February 2023 – Sales activity within the local luxury home market really picked up in February. We saw increases in the number of contracts as well as some nice increases in actual sales. Since February is part of Scottsdale’s high season, we usually see some sort of increase […]
What’s Going On With Mortgage Rates
Historically, mortgage rates have followed the 10-year U.S. Treasury yield. A growing number of investors, concerned about instability in the banking sector, are now fleeing to the safety of these government-backed bonds. An increase in bond prices means lower yields—and lower mortgage rates. But, this situation is rapidly evolving. On Wednesday, the U.S. Federal Reserve […]
Phoenix and Scottsdale AZ Luxury Condo Sales – February 2023
Luxury Condo Sales in Scottsdale and Phoenix – February 2023 We saw things start to pick up in February as the high season arrived. This report examines the luxury condo market in Scottsdale and Phoenix. All of the homes included in the report were listed for $1,000,000 or more. ACTIVE LISTINGS AT THE END OF […]
What Buyer Activity Tells Us About the Housing Market
Though the housing market is no longer experiencing the frenzy of a year ago, buyers are showing their interest in purchasing a home. According to U.S. News: “Housing markets have cooled slightly, but demand hasn’t disappeared, and in many places remains strong largely due to the shortage of homes on the market.” That activity can […]
Quick Video Update of the Scottsdale Real Estate Market – February 2023
– February 2023 Scottsdale Housing Market Video – Here is a one-minute video overview of the Scottsdale, Arizona real estate market that covers the month of February. February 2023 – Video Scottsdale Active Listings Active listings were up significantly when compared with February 2022. This 157% increase shows you how few homes were on the […]
My Home Didn’t Sell! Now What?
When it comes to listing their home, most home sellers want three things: 1) to make a lot of money, 2) to put in minimal time and effort, and 3) to sell quickly. But the reality is, selling a home is rarely that simple. And homeowners who try to do it themselves—or receive bad advice—can […]
Scottsdale AZ Single Family Home Sales – February 2023
– February 2023 Scottsdale Homes for Sale and Home Sales – Even though February is a shorter month, we saw a nice increase in sales and contract activity. February falls during the high season and we typically see things pick up during this time. SCOTTSDALE HOME SALES ACTIVITY – FEBRUARY 2023 Every month, we track […]
How To Make Your Dream of Homeownership a Reality
According to a recent Harris Poll survey, 8 in 10 Americans say buying a home is a priority, and 28 million Americans actually plan to buy within the next 12 months. Homeownership provides many financial and nonfinancial benefits, so that interest is understandable. However, it’s unlikely all 28 million Americans will accomplish that goal in the coming year. Experts project a total […]
