When COVID-related shutdowns began in March, real estate brokers and clients scrambled to respond to the shift. Record-low interest rates caused some lenders to call a halt to new underwriting, and homeowners debated whether or not to put their houses on the market. However, those first days of uncertainty ushered in a period of unprecedented […]
Scottsdale AZ Single Family Home Sales – February 2021
– February 2021 Scottsdale Homes for Sale and Home Sales – The Scottsdale real estate market, already incredibly hot, had an even hotter February. Inventory is at unprecedentedly low levels. I have been doing this monthly report since 2007 and I have never seen anything like it. I can only imagine how much higher sales […]
How Much Leverage Do Today’s House Sellers Have?
The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. The Scottsdale and Greater Phoenix markets are a perfect example of this. Most homes that come onto the market receive multiple offers and go under contract very quickly. […]
Things To Do In Scottsdale – March 2021
March is here! The weather is getting warmer and with that, more events are happening in Scottsdale and around the Valley. Here are some ideas for things to do in and around Scottsdale for the month of March. Spring Training – Now through March 30th – Spring Training is underway! Come see your favorite teams […]
Scottsdale AZ Luxury Home Market – January 2021
– Scottsdale Luxury Home Market Performance for January 2021 – While actual sales scale back for the most part in January, after a record-breaking December, we saw the number of contracts and pending sales jump back up. Also, I believe these numbers would be a lot higher if we had more inventory to sell. This […]