It’s economy 101 – when supply is low and demand is high, prices naturally rise. That’s what’s happening in today’s housing market. Home prices are appreciating at near-historic rates, and that’s creating some challenges when it comes to home appraisals. In recent months, it’s become increasingly common for an appraisal to come in below the contract price on […]
Things To Do In Scottsdale – September 2021
September is here and that means new things to do in Scottsdale and around the Valley. Here are some ideas for things to do in and around Scottsdale for the month of September. Immersive Van Gogh Exhibit – Through November – This highly anticipated exhibit is finally open! Learn more about Van Gogh and his […]
Looking for a Place To Call Home? Consider a Condominium.
It’s no secret that one of the top stories in today’s real estate market is low housing supply and high buyer demand. If you’re a first-time buyer looking for a starter home or are someone who’s interested in downsizing, it may be worth considering a condominium (condo) as a worthwhile option. Scottsdale and the surrounding areas have […]
Phoenix and Scottsdale AZ Luxury Condo Sales – July 2021
– Luxury Condo Sales in Scottsdale and Phoenix – July 2021 – July’s luxury condo market for Scottsdale and Phoenix was almost identical to what we saw in June. This report covers the sales activity of condos with list prices at or above one million dollars. ACTIVE LISTINGS AT THE END OF JULY Inventory did […]
5 Factors That Reveal Where The Real Estate Market Is Really Headed
It’s the old supply-and-demand predicament: Home sales in the U.S. continue at a torrid pace, but the availability of listings remains limited. Buoyed by historically low mortgage rates, buyers keep shopping for homes, reducing the available inventory and sparking a rise in home prices across the country. News website The Atlantic summarized the sizzling home […]