The start of a new year always compels people to take a fresh look at their goals, from health and career to relationships and finance. But with historically low mortgage rates, increased home sales and price growth, and a tight housing inventory, the time is right to also make some homeownership resolutions for 2021. Home […]
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Scottsdale AZ Single Family Home Sales – December 2020
– December 2020 Scottsdale Homes for Sale and Home Sales – December closed out the year with the highest sales volume we have seen. We also closed out with the lowest inventory we have seen. SCOTTSDALE HOME SALES ACTIVITY – DECEMBER 2020 There are four items we track on a monthly basis: – Single-family homes for […]
New Year’s Eve 2021 in Scottsdale
– Scottsdale New Year’s Eve – Ring In 2021 – New Year’s Eve is tomorrow and most everyone we know is ready to put 2020 to bed and start 2021. Usually, I write a long post that has party options for adults and other options catered to the younger set. However, this year, I am […]
Scottsdale AZ Luxury Home Market – November 2020
– Scottsdale Luxury Home Market Performance for November 2020 – The results for the November luxury home market are in – And while sales were for the most part down, pent up demand had UCB and pending sales on the upswing! What is unusual is that November is typically a quieter month, so to see […]
2021 Housing Forecast [INFOGRAPHIC]
Some Highlights Experts project an optimistic year for the 2021 housing market. With mortgage rates forecasted to remain low, high buyer demand is expected to fuel more home sales and continue to increase home prices. Let’s connect today to determine how to make your best move in the new year.
Phoenix and Scottsdale AZ Luxury Condo Sales – November 2020
– Luxury Condo Sales in Scottsdale and Phoenix – November 2020 – The sales activity for the Scottsdale and Phoenix luxury condo market was on pace for this time of year, but pending and UCB sales were much higher than we would expect. This report covers the luxury condo market in Scottsdale and Phoenix. All […]
3 Reasons to Be Optimistic About Real Estate in 2021
This year will be remembered for many reasons, and optimism is one thing that’s been in short supply since the spring. We’re experiencing a global pandemic, social unrest, an economic downturn, and natural disasters, just to name a few. The challenges brought on by the health crisis have also forced many homeowners to reevaluate their […]
Are Home Prices Headed Toward Bubble Territory?
Talk of a housing bubble is beginning to crop up as home prices have appreciated at a rapid pace this year. Scottsdale and the Phoenix Valley have certainly experienced this. And this is understandable since the appreciation of residential real estate is well above historic annual averages. According to the Federal Housing Finance Agency (FHFA), annual appreciation since 1991 […]