Home values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year. This has some voicing concern that we may be in another housing bubble like the one we experienced a little over a decade ago. But here are three reasons why this market is totally different. […]
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Scottsdale AZ Single Family Home Sales – January 2021
– January 2021 Scottsdale Homes for Sale and Home Sales – So while sales were down in January, compared to a record-breaking December, there were still incredible strong pending and UCB numbers. I also believe that if there was more inventory, January home sales would have been higher as there is so much demand. SCOTTSDALE […]
Things To Do In Scottsdale – February 2021
We have made it to 2021, and while things are not back to normal yet, there is light at the end of the tunnel. Here are some ideas for things to do in and around Scottsdale for the month of February. Junk In The Trunk Pop-Up at Scottsdale Quarter – This popular market pop-up is […]
What Record-Low Housing Inventory Means for You
The real estate market is expected to do very well in 2021, with mortgage rates that are hovering at historic lows and forecasted by experts to remain favorable throughout the year. One challenge to the housing industry, however, is the lack of homes available for sale today. If you have been following the Scottsdale and Greater Phoenix market, you […]
Scottsdale AZ Luxury Home Market – December 2020
– Scottsdale Luxury Home Market Performance for December 2020 – I have been tracking this data monthly since 2007 and can safely say I have never seen numbers like this in the luxury segment before. Sales activity shattered any previous records as the last month of 2020 came to a close. This report covers the […]
Phoenix and Scottsdale AZ Luxury Condo Sales – December 2020
– Luxury Condo Sales in Scottsdale and Phoenix – December 2020 – The luxury condo market in Scottsdale and Phoenix ended the year with very strong sales activity as well as strong pending sales. In this report, we look at the sales activity of luxury condos in Scottsdale and Phoenix. All of these condos were […]
Should I Wait for Lower Mortgage Interest Rates?
Historically low mortgage rates are a big motivator for homebuyers right now. In 2020 alone, rates hit new record-lows 16 times, and the trend continued into the early part of this year. Many hopeful homebuyers are now wondering if they should put their plans on hold and wait for the lowest rates imaginable. However, the reality is, […]
Quick Video Update of the Scottsdale Real Estate Market – December 2020
– December 2020 Scottsdale Housing Market Video – December closed out 2020 with the highest sales month of the year. This is impressive since we have the lowest inventory levels I have seen. Here is a one-minute video overview of the Scottsdale, Arizona real estate market that covers the month of December. December 2020 – […]
