– Scottsdale Luxury Home Market Performance for April 2022 – Luxury homes in April continued to perform well and again we saw buyers paying over list price in almost every price point. The great news for buyers is that we saw a healthy and very needed jump in inventory in April. In this report, we […]
Scottsdale Real Estate Market
The One Thing Every Homeowner Needs To Know About a Recession
A recession does not equal a housing crisis. That’s the one thing that every homeowner today needs to know. Everywhere you look, experts are warning we could be heading toward a recession, and if true, an economic slowdown doesn’t mean homes will lose value. The National Bureau of Economic Research (NBER) defines a recession this way: “A recession is […]
Phoenix and Scottsdale AZ Luxury Condo Sales – April 2022
– Luxury Condo Sales in Scottsdale and Phoenix – April 2022 – Things picked up again in April for the luxury condo market in Scottsdale and Phoenix. New contracts were up as well as actual sales. Pending sales are the highest we have seen due to several communities that are still under construction. In this […]
How Today’s Mortgage Rates Impact Your Home Purchase
If you’re planning to buy a home, it’s critical to understand the relationship between mortgage rates and your purchasing power. Purchasing power is the amount of home you can afford to buy that’s within your financial reach. Mortgage rates directly impact the monthly payment you’ll have on the home you purchase. So, when rates rise, so does […]
Quick Video Update of the Scottsdale Real Estate Market – April 2022
– April 2022 Scottsdale Housing Market Video – Here is a one-minute video overview of the Scottsdale, Arizona real estate market that covers the month of April. April 2022 – Video Scottsdale Active Listings The low number of homes on the market is the biggest challenge for buyers. The demand is there, but the homes […]
5 Ways to Write a Winning Offer in Today’s Real Estate Market
Our nation is in the midst of a serious housing crunch. Last year, a lack of inventory and soaring prices left many would-be homebuyers feeling pinched. But now, with interest rates climbing, many of them are also feeling desperate to lock in a mortgage—which has only added fuel to the fire.1 Fortunately, if you’re a […]
Scottsdale AZ Single Family Home Sales – April 2022
– April 2022 Scottsdale Homes for Sale and Home Sales – Things cooled off a bit for the Scottsdale real estate market in April. Sales activity was still very strong, but it was a little slower than last month. And the best news of all is that we ended the month with a jump in […]
Scottsdale AZ Luxury Home Market – March 2022
– Scottsdale Luxury Home Market Performance for March 2022 – March was a very strong month for the sale of luxury homes. Sales in all of the price points we track were up and homes that were listed for less than $3 million were selling above list price on average. In many cases, contracts and […]
