– Scottsdale Luxury Home Market Performance for September 2023 – September was another quieter month, as we had expected. For the most part, listings were up and sales were down. However, a few segments saw an uptick in pending inventory. Each month, we examine the luxury home market in Scottsdale. We look at the number […]
Scottsdale Real Estate Market
Quick Video Update of the Scottsdale Real Estate Market – September 2023
– September 2023 Scottsdale Housing Market Video – Here is a one-minute video overview of the Scottsdale, Arizona real estate market that covers the month of September. September 2023 – Video Scottsdale Active Listings The number of single-family homes for sale in Scottsdale was up by 9.7% at the end of September when compared to […]
Are Higher Mortgage Rates Here To Stay?
Mortgage rates have been back on the rise recently and that’s getting a lot of attention from the press. If you’ve been following the headlines, you may have even seen rates recently reached their highest level in over two decades (see graph below): That can feel like a little bit of a gut punch if you’re thinking about making […]
Phoenix and Scottsdale AZ Luxury Condo Sales – September 2023
Luxury Condo Sales in Scottsdale and Phoenix – September 2023 The luxury condo market in Scottsdale and Phoenix keeps plugging along. Although there were not as many sales in September when compared to August, there was some good activity in the UCB and pending arenas. All of the condos in this analysis had list prices […]
Income Properties Are Trending, But Is Landlord Life for You?
If the thought of investing your money into brick and mortar—or perhaps some stylishly-painted siding—excites you, join the club. Investing in real estate has long been one of Americans’ favorite ways to grow their wealth. In fact, over 70% of single-family rental properties are currently owned by individual investors rather than corporations, according to Census […]
Scottsdale AZ Single Family Home Sales – September 2023
– September 2023 Scottsdale Homes for Sale and Home Sales – September was the quietest month we have seen in a while in terms of home sales and sales activity. Again this is to be expected due to seasonality, but we are also feeling the impacts of lower inventory and interest rates. SCOTTSDALE HOME SALES […]
The Return of Normal Seasonality for Home Price Appreciation
If you’re thinking of making a move, one of the biggest questions you have right now is probably: what’s happening with home prices? Despite what you may be hearing in the news, nationally, home prices aren’t falling. It’s just that price growth is beginning to normalize. Here’s the context you need to really understand that trend. In the housing market, there are […]
What Experts Project for Home Prices Over the Next 5 Years
If you’re planning to buy a home, one thing to consider is what experts project home prices will do in the future and how that might affect your investment. While you may have seen negative news over the past year about home prices, they’re doing far better than expected and are rising across the country. And data shows, experts forecast […]