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 […]
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Quick Video Update of the Scottsdale Real Estate Market – November 2020
– November 2020 Scottsdale Housing Market Video – November continued the trend we have been seeing for the last several months – very high sales activity and record low inventory. Here is a one-minute video overview of the Scottsdale, Arizona real estate market that covers the month of October. November 2020 – Video Scottsdale Active […]
Scottsdale AZ Single Family Home Sales – November 2020
– November 2020 Scottsdale Homes for Sale and Home Sales – November cotinued the streak of strong sales activity. We did see a little bit of slowing, but this could be due to the record-low inventory we are experiencing as demand is still high. SCOTTSDALE HOME SALES ACTIVITY – NOVEMBER 2020 There are four items […]
5 Tips for Homebuyers Who Want to Make a Competitive Offer
If you have been looking for a home in Scottsdale or anywhere in the Valley, you know that our inventory is at historical lows. Multiple offers and homes selling for over list price are common scenarios. Our local real estate market has incredibly high buyer interest and very low housing inventory. With so many buyers competing for a […]
Scottsdale AZ Luxury Home Market – October 2020
– Scottsdale Luxury Home Market Performance for October 2020 – I am starting to sound like a broken record here, but the luxury home market posted another record-breaking month and October is generally one of our slower months! To add to this, the $3+ million market posted numbers we have never seen before. We pull […]
Chances of Another Foreclosure Crisis? “About Zero Percent.”
There seems to be some concern that the 2020 economic downturn will lead to another foreclosure crisis like the one we experienced after the housing crash a little over a decade ago. However, there’s one major difference this time: a robust forbearance program. During the housing crash of 2006-2008, many felt homeowners should be forced to […]
Phoenix and Scottsdale AZ Luxury Condo Sales – October 2020
– Luxury Condo Sales in Scottsdale and Phoenix – October 2020 – The activity level of the Scottsdale and Phoenix luxury condo market forged head at a fast pace in October. Typically, this is a slower time of year for this market. In this report, we look at luxury condo sales in Scottsdale and Phoenix. […]
2020 Holiday Events in Scottsdale
– 2020 Holiday Celebrations in and Around Scottsdale – The holidays are here and this is a super fun time to live in Scottsdale and the Valley. There are so many events going on, it can be hard to choose which ones to attend! But this year, there are some changes to make sure we […]
