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 […]
How To Navigate a Market Where Multiple Offers Is the New Normal
If you’re thinking of buying a home today, you already know that the number of homes available for sale is low nationwide. In Scottsdale, we are seeing a significant low in our inventory. But what does that really mean for you? As a buyer, low housing supply coupled with high buyer demand means you should be prepared to navigate […]
Quick Video Update of the Scottsdale Real Estate Market – February 2022
– February 2022 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 2022 – Video Scottsdale Active Listings We continue to be plagued with an incredibly low inventory of homes for sale. While this is fantastic news for sellers, […]
Are Home Prices Continuing To Rise?
Many analysts projected home price appreciation would slow dramatically in the fall of 2021 and then continue to soften throughout 2022. So far, that hasn’t happened. The major price indices are all revealing ongoing double-digit price appreciation. According to the Realtors Property Resource (RPR) site, home values in Scottsdale were up 27.31% at the end of […]
Scottsdale AZ Single Family Home Sales – February 2022
– February 2022 Scottsdale Homes for Sale and Home Sales – Sales activity ramped up again in February as buyers came back to the market after the holidays. Incredibly low inventory is constraining additional sales and high competition for the homes on the market is frustrating buyers. SCOTTSDALE HOME SALES ACTIVITY – FEBRUARY 2022 Each […]
Hedge Against Inflation With These 3 Real Estate Investment Types
The annual inflation rate in the United States is currently around 7.5%—the highest it has been since 1982.1 It doesn’t matter if you’re a cashier, lawyer, plumber, or retiree; if you spend U.S. dollars, inflation impacts you. Economists expect the effects of inflation, like a higher cost of goods, to continue.2 Luckily, an investment in […]
Scottsdale AZ Luxury Home Market – January 2022
– Scottsdale Luxury Home Market Performance for January 2022 – Sales were down in the majority of the price ranges in January. We see this seasonally as people tend to take a break from home shopping over the holidays. We did see an uptick in pending sales though as buyers came back into the market. […]
