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 […]
Scottsdale Real Estate Market
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 […]
Real Estate Market Forecast: Opportunities for Home Buyers and Sellers in 2024
A growing share of home buyers and sellers sat on the sidelines last year as the pace of home sales continued its downward trajectory.1 In fact, since the Federal Reserve began its series of interest rate hikes in 2022, the combination of higher borrowing costs and record-high home prices has fostered the steepest real estate […]
Quick Video Update of the Scottsdale Real Estate Market – December 2023
– December 2023 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 December. December 2023 – Video Scottsdale Active Listings Inventory was back down at the end of December, closing out at 966 homes for sale, […]
