When you decide to buy your first home or it has been a while since you purchased your current home, you may come across a number of terms and conditions that you are not familiar with. While you may have a general idea of what an inspection is, maybe you’re not sure why you need one […]
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Scottsdale AZ Luxury Home Market – May 2024
– Scottsdale Luxury Home Market Performance for May 2024 – For the most part, luxury home sales activity in Scottsdale slowed in May. We do see things start to slow down as the weather gets warmer, so this is not a complete surprise. And, we did see some impressive numbers in April. This report covers […]
The Sweet Spot for Buying Luxury Homes
If you’ve been looking for a home at the high end of your market, but haven’t found the right one, you may have put your search on hold. But according to recent data, now may be the time to jump back in. Here’s why. There Are More Luxury Homes To Choose From What’s considered the […]
Your Equity Could Make a Move Possible
Many homeowners looking to sell feel like they’re stuck between a rock and a hard place right now. Today’s mortgage rates are higher than the one they currently have on their home, and that’s making it harder to want to sell and make a move. Maybe you’re in the same boat. But what if there was a way to offset these […]
Phoenix and Scottsdale AZ Luxury Condo Sales – May 2024
Luxury Condo Sales in Scottsdale and Phoenix – May 2024 May was a solid month for Scottsdale and Phoenix’s luxury condo market. Sales activity was up and we saw some new contracts and pendings. For this report, all of the condominiums had list prices of $1 million or more. ACTIVE LISTINGS AT THE END OF […]
Quick Video Update of the Scottsdale Real Estate Market – May 2024
– May 2024 Scottsdale Housing Market Video – Here is a quick video overview of the Scottsdale, Arizona single-family home real estate market that covers the month of May. May 2024 – Video Scottsdale Active Listings The inventory of homes for sale was down slightly by the end of the month. May ended with 1,225 […]
Scottsdale AZ Single Family Home Sales – May 2024
– May 2024 Scottsdale Homes for Sale and Home Sales – After a somewhat lackluster April, we saw further declines in activity in May. SCOTTSDALE HOME SALES ACTIVITY – MAY 2024 Each month, we review the sales activity for homes in Scottsdale. To glean a better understanding of the market, we track the following items […]
Mid-Year Market Update for 2024: What Buyers and Sellers Need to Know
Last December, when the Federal Reserve projected a series of benchmark rate cuts in the coming year, some analysts speculated that mortgage rates—which had recently peaked near 8%—would fall closer to 6% by mid-2024.1,2,3 Unfortunately, persistent inflation has delayed the central bank’s timeline and kept the average 30-year mortgage rate hovering around 7% so far […]
