– Scottsdale Luxury Home Market Performance for September 2021 – September was another month where we saw some great sales activity in some price points and slower activity in others. This report covers the luxury home market in Scottsdale. All of these homes were on the market for one million dollars or more. We then […]
The Big Question: Should You Renovate or Move?
The last 18 months have changed what many buyers are looking for in a home. Recently, the American Institute of Architects released their AIA Home Design Trends Survey results for Q3 2021. The survey reveals the following: 70% of respondents want more outdoor living space 69% of respondents want a home office (48% wanted multiple offices) 46% of respondents […]
Phoenix and Scottsdale AZ Luxury Condo Sales – September 2021
– Luxury Condo Sales in Scottsdale and Phoenix – September 2021 – September’s performance was pretty on par with August’s in terms of sales activity. We did see a nice bump in inventory for the Phoenix luxury condo market. This report covers luxury condo sales in Scottsdale and Phoenix. To be considered for this report, […]
Quick Video Update of the Scottsdale Real Estate Market – September 2021
– September 2021 Scottsdale Housing Market Video – Sales were up slightly in September, but we are seeing pending contracts drop. Here is a one-minute video overview of the Scottsdale, Arizona real estate market that covers the month of September. September 2021 – Video Scottsdale Active Listings As I have mentioned many times, our Scottsdale […]
What Do Supply and Demand Tell Us About Today’s Housing Market?
There’s a well-known economic theory – the law of supply and demand – that explains what’s happening with prices in the current real estate market. Put simply, when demand for an item is high, prices rise. When the supply of the item increases, prices fall. Of course, when demand is very high and supply is very low, prices […]