– December 2022 Scottsdale Housing Market Video – Here is a one-minute video overview of the Scottsdale, Arizona real estate market that covers the month of December. December 2022 – Video Scottsdale Active Listings We saw another year-over-year jump (117%) in listings. However, to put this in perspective, Scottsdale had incredibly low inventory levels last […]
Scottsdale Real Estate Market
2023 Real Estate Market Outlook (And What It Means for You)
Last year, one factor drove the real estate market more than any other: rising mortgage rates. In March 2022, the Federal Reserve began a series of interest rate hikes in an effort to pump the brakes on inflation.1 And while some market sectors have been slow to respond, the housing market has reacted accordingly. Both […]
Scottsdale AZ Single Family Home Sales – December 2022
– December 2022 Scottsdale Homes for Sale and Home Sales – Welcome to the final month of Scottsdale home sales for 2022! December tends to be a quieter month as many people move into holiday mode. And, this December was no different. SCOTTSDALE HOME SALES ACTIVITY – DECEMBER 2022 Every month, we look at the […]
Scottsdale AZ Luxury Home Market – November 2022
– Scottsdale Luxury Home Market Performance for November 2022 – November was a mixed bag in terms of home sales activity in the luxury home market in Scottsdale. In some cases, sales and contracts were up, but we saw a lot of pending activity drop. In all cases, inventory fell. For this report, we examine […]
Phoenix and Scottsdale AZ Luxury Condo Sales – November 2022
Luxury Condo Sales in Scottsdale and Phoenix – November 2022 The Scottsdale and Phoenix luxury condo market had a decent November. Inventory was more or less level, sales were slightly better than October and pending sales went up again. In this report, we look at the Scottsdale and Phoenix luxury condominium markets. These condos were […]
Mortgage Rates Are Dropping. What Does That Mean for You?
Mortgage rates have been a hot topic in the housing market over the past 12 months. Compared to the beginning of 2022, rates have risen dramatically. Now they’re dropping, and that has to do with everything happening in the economy. Nadia Evangelou, Senior Economist and Director of Forecasting at the National Association of Realtors (NAR), explains it well […]
Quick Video Update of the Scottsdale Real Estate Market – November 2022
– November 2022 Scottsdale Housing Market Video – Here is a one-minute video overview of the Scottsdale, Arizona real estate market that covers the month of November. November 2022 – Video Scottsdale Active Listings While a 109% increase in the number of listings between November 2021 and November 2022 seems like a lot, Scottsdale was […]
What Every Seller Should Know About Home Prices
If you’re trying to decide whether or not to sell your house, recent headlines about home prices may be top of mind. And if those stories have you wondering what that means for your home’s value, here’s what you really need to know. What’s Really Happening with Home Prices? It’s possible you’ve seen news stories mentioning […]