If you’re thinking of buying or selling a home, chances are you’re focusing on the many extraordinary ways it’ll change your life. But do you know it has a large impact on your community too? To measure that impact, the National Association of Realtors (NAR) releases a report each year to highlight just how much economic activity a home sale generates. The chart […]
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Quick Video Update of the Scottsdale Real Estate Market – May 2022
– May 2022 Scottsdale Housing Market Video – Here is a one-minute video overview of the Scottsdale, Arizona real estate market that covers the month of May. May 2022 – Video Scottsdale Active Listings Even though we are still suffering from low inventory, we have been seeing an uptick in the number of homes for […]
Sellers Have an Opportunity with Today’s Home Prices
As mortgage rates started to rise this year, many homeowners began to wonder if the value of their homes would fall. Here’s the good news. Historically, when mortgage rates rise by a percentage point or more, home values continue to appreciate. The latest data on home prices seems to confirm that trend. According to data from CoreLogic, home price appreciation has […]
Scottsdale AZ Single Family Home Sales – May 2022
– May 2022 Scottsdale Homes for Sale and Home Sales – Things changed quite a bit on the inventory front in May. We saw a big jump in the number of homes on the market, which is great news for buyers. On top of that, sales activity remained strong. SCOTTSDALE HOME SALES ACTIVITY – MAY […]
What Does the Rest of the Year Hold for the Housing Market?
If you’re thinking of buying or selling a house, you’re at an exciting decision point. And anytime you make a big decision like that, one thing you should always consider is timing. So, what does the rest of the year hold for the housing market? Here’s what experts have to say. The Number of Homes Available for Sale Is […]
Things to Do in Scottsdale – June 2022
– Scottsdale Events June 2022 – June is here and with it comes some new fun events and happenings all over the Valley, and state! Here are some you might want to check out: Old Town Scottsdale June Days – Daily – Experience and celebrate all things Old Town Scottsdale during the month of June. […]
Scottsdale AZ Luxury Home Market – April 2022
– Scottsdale Luxury Home Market Performance for April 2022 – Luxury homes in April continued to perform well and again we saw buyers paying over list price in almost every price point. The great news for buyers is that we saw a healthy and very needed jump in inventory in April. In this report, we […]
The One Thing Every Homeowner Needs To Know About a Recession
A recession does not equal a housing crisis. That’s the one thing that every homeowner today needs to know. Everywhere you look, experts are warning we could be heading toward a recession, and if true, an economic slowdown doesn’t mean homes will lose value. The National Bureau of Economic Research (NBER) defines a recession this way: “A recession is […]