There’s a lot of confusion in the market about what’s happening with day-to-day movement in mortgage rates right now, but here’s what you really need to know: compared to the near 8% peak last fall, mortgage rates have trended down overall. And if you’re looking to buy or sell a home, this is a big deal. While they’re going to continue […]
Scottsdale Real Estate Market
Phoenix and Scottsdale AZ Luxury Condo Sales – January 2024
Luxury Condo Sales in Scottsdale and Phoenix – January 2024 The luxury condo market roared back to life in January. Coming off of the holiday season, we saw lots of new listings and increased sales activity. To be included in this report, all of the condos need to have been priced at $1 million or […]
Don’t Let the Latest Home Price Headlines Confuse You
Based on what you’re hearing in the news about home prices, you may be worried they’re falling. But here’s the thing. The headlines aren’t giving you the full picture. If you look at the national data for 2023, home prices actually showed positive growth for the year. While this varies by market, and while there were some months with slight […]
Quick Video Update of the Scottsdale Real Estate Market – January 2024
– January 2024 Scottsdale Housing Market Video – Here is a less-than-a-minute video overview of the Scottsdale, Arizona single-family home real estate market that covers the month of January. January 2024 – Video Scottsdale Active Listings With the beginning of the new year, we saw a nice jump in the number of homes for sale […]
Scottsdale AZ Single Family Home Sales – January 2024
– January 2024 Scottsdale Homes for Sale and Home Sales – We are one month into 2024 and things are definitely changing in the Scottsdale real estate market! Inventory is up as are new contract totals. . SCOTTSDALE HOME SALES ACTIVITY – JANUARY 2024 Each month, we look at the following four items: – Single-family homes […]
2 of the Factors That Impact Mortgage Rates
If you’re looking to buy a home, you’ve probably been paying close attention to mortgage rates. Over the last couple of years, they hit record lows, rose dramatically, and are now dropping back down a bit. Ever wonder why? The answer is complicated because there are a lot of things that can influence mortgage rates. Here are […]
Scottsdale AZ Luxury Home Market – December 2023
– Scottsdale Luxury Home Market Performance for December 2023 – The year ended with another set of mixed results. Inventory was down across the board, but we do see this every year as some sellers take their homes off of the market for the holidays and many listing contracts expire at the end of the […]
Phoenix and Scottsdale AZ Luxury Condo Sales – December 2023
Luxury Condo Sales in Scottsdale and Phoenix – December 2023 After a quieter November, we did see a little bit of positive sales momentum in the Scottsdale and Phoenix luxury condo market. All of the condos in this report were priced at or above $1 million. ACTIVE LISTINGS AT THE END OF DECEMBER The number […]
