June 2023 Scottsdale Housing Market Video – Here is a one-minute video overview of the Scottsdale, Arizona real estate market that covers the month of June. June 2023 – Video Scottsdale Active Listings Inventory continues to fall as it has each month since January. This can partly be attributed to already low inventory combined with […]
Scottsdale Real Estate Market
Renovate or Relocate? 3 Questions To Help You Decide
Does your current home no longer serve your needs? If so, you may be torn between relocating to a new home or renovating your existing one. This can be a difficult choice, and there’s a lot to consider—including potential costs, long-term financial implications, and quality of life. A major remodel can be a major commitment. […]
Where Will You Go If You Sell? Newly Built Homes Might Be the Answer.
Do you want to sell your house, but hesitate because you’re worried you won’t be able to find your next home in today’s market? You’re not alone, but there’s some good news that may ease your worries. New home construction is up and is becoming an increasingly significant part of the housing inventory. That means […]
Scottsdale AZ Single Family Home Sales – June 2023
– June 2023 Scottsdale Homes for Sale and Home Sales – We are now seeing our seasonal slowdown in the Scottsdale market. Sales were quite strong in June, but there were fewer contracts in the pipeline as we closed out the month. SCOTTSDALE HOME SALES ACTIVITY – JUNE 2023 Each month, we look at the […]
Scottsdale AZ Luxury Home Market – May 2023
– Scottsdale Luxury Home Market Performance for May 2023 – May was a very good month in terms of sales of luxury homes in Scottsdale. New contracts came in with mixed results and inventory is on its way down again. In this report, we examine the Scottsdale luxury home market, where all of the homes […]
Are Home Prices Going Up or Down? That Depends…
Media coverage about what’s happening with home prices can be confusing. A large part of that is due to the type of data being used and what they’re choosing to draw attention to. For home prices, there are two different methods used to compare home prices over different time periods: year-over-year (Y-O-Y) and month-over-month (M-O-M). […]
Phoenix and Scottsdale AZ Luxury Condo Sales – May 2023
Luxury Condo Sales in Scottsdale and Phoenix – May 2023 The Scottsdale/Phoenix luxury condo market had another excellent month of sales in May. In this analysis, we look at luxury condo sales in Scottsdale and Phoenix. To be a part of this report, the condo had to have a list price of one million dollars […]
National Real Estate Market Update for 2023
There’s an old adage in real estate: location, location, location. But ever since the Federal Reserve began its series of inflation-fighting interest rate hikes last year, a new mantra has emerged: mortgage rates, mortgage rates, mortgage rates. Higher rates had the immediate impact of dampening homebuyer affordability and demand. But this year, we’re seeing further […]
