-August 2021 Scottsdale Homes for Sale and Home Sales – While home sales fell to the lowest level we have seen in the past year, pending sales saw a decent uptick in August and UCBs held their course. SCOTTSDALE HOME SALES ACTIVITY – AUGUST 2021 When we pull our monthly reports, we look at the […]
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What Buyers and Sellers Need To Know About the Appraisal Gap
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 […]
Quick Video Update of the Scottsdale Real Estate Market – July 2021
– July 2021 Scottsdale Housing Market Video – July had strong home sales, but we did see a little slowdown in the frenzy of activity. Here is a one-minute video overview of the Scottsdale, Arizona real estate market that covers the month of July. July 2021 – Video Scottsdale Active Listings Inventory is still low […]
4 Reasons Why the End of Forbearance Will Not Lead to a Wave of Foreclosures
With forbearance plans about to come to an end, many are concerned the housing market will experience a wave of foreclosures like what happened after the housing bubble 15 years ago. What is mortgage forbearance? Click here for a definition. Here are four reasons why that won’t happen. 1. There are fewer homeowners in trouble […]
