There’s never been a truer statement regarding forecasting mortgage rates than the one offered last year by Mark Fleming, Chief Economist at First American: “You know, the fallacy of economic forecasting is: Don’t ever try and forecast interest rates and or, more specifically, if you’re a real estate economist mortgage rates, because you will always invariably be wrong.” […]
Quick Video Update of the Scottsdale Real Estate Market – March 2022
– March 2022 Scottsdale Housing Market Video – Here is a one-minute video overview of the Scottsdale, Arizona real estate market that covers the month of March. March 2022 – Video Scottsdale Active Listings Once again, inventory continues to be our market’s extreme pain point. Pent-up demand and buyers wanting to lock in low rates […]
Seller’s Checklist: A Timeline to Prep Your Home for Sale
We’re still in a seller’s market, but that doesn’t mean your home is guaranteed to easily sell.1 If you want to maximize your sale price, it’s still important to prepare your home before putting it on the market. Start by connecting with a real estate agent as soon as possible. Having the eyes and ears […]
Scottsdale AZ Single Family Home Sales – March 2022
– March 2022 Scottsdale Homes for Sale and Home Sales – The Scottsdale real estate market had a very fast-paced month in March. Sales skyrocketed even though inventory is incredibly low. And pricing pressure meant many of these sales went for more than asking price. SCOTTSDALE HOME SALES ACTIVITY – MARCH 2022 We keep an […]
Things To Do in Scottsdale – April 2022
– Scottsdale Events in April – Things are still in full swing in and around Scottsdale. Spring Training – Through April 5th – After a late start, Spring Training is back in the Valley! You still have an opportunity to see some of your favorite teams play. Phoenix Film Festival – Through April 10th – […]
Scottsdale AZ Luxury Home Market – February 2022
– Scottsdale Luxury Home Market Performance for February 2022 – Sales came back in February after the seasonally quieter month of January. The incredibly low inventory is putting pressure on pricing. On average, homes priced between $1and $3 million were selling for over their asking prices. This report takes a look at Scottsdale’s luxury home […]
Don’t Get Caught Off Guard by Closing Costs
As a homebuyer, it’s important to plan and budget for the expenses you’ll encounter when you purchase a home. While most people understand the need to save for a down payment, a recent survey found 41% of homebuyers were surprised by their closing costs. Here’s some information to help you get started so you’re not caught off guard […]
Phoenix and Scottsdale AZ Luxury Condo Sales – February 2022
– Luxury Condo Sales in Scottsdale and Phoenix –February 2022 – The Scottsdale and Phoenix luxury condo markets saw solid sales activity in February, but sales were down slightly from January’s performance. Pending sales continue to be high due to most of the units being located in communities under development. We will take a look […]
