An important factor in today’s market is the number of homes for sale. While inventory levels continue to sit near historic lows, there are indications we may have hit the lowest point we’ll see. Odeta Kushi, Deputy Chief Economist at First American, recently said of our supply challenges: “It looks like inventory may have hit a bottom (we’ve seen this in […]
Scottsdale Real Estate Market
Quick Video Update of the Scottsdale Real Estate Market – June 2021
– June 2021 Scottsdale Housing Market Video – June was another good month for home sales for Scottsdale, even though there were so few homes for sale. Here is a one-minute video overview of the Scottsdale, Arizona real estate market that covers the month of June. June 2021 – Video Scottsdale Active Listings Inventory is […]
Scottsdale AZ Single Family Home Sales – June 2021
-June 2021 Scottsdale Homes for Sale and Home Sales – Even though the Scottsdale real estate market is quite hot, we are starting to see sales activity taper off a little bit. This could be due to higher competition and higher home prices and/or some seasonality creeping in. Typically, sales start to slow down during […]
5 Things Homebuyers Need To Know When Making an Offer
When it comes to buying a house, you’re looking for the perfect place to call home. The problem is, in today’s market there just aren’t that many homes available to purchase. With inventory hovering near record lows and sky-high buyer demand, a multi-offer scenario is the new normal. Here are five things to keep in mind when you’re […]
Demand for Vacation Homes Is Still Strong
The pandemic created a tremendous interest in vacation homes across the country. Throughout the last year, many people purchased second homes as a safe getaway from the challenges of the health crisis. With many professionals working from home and many students taking classes remotely, it made sense to see a migration away from cities and into counties with […]
Scottsdale AZ Luxury Home Market – May 2021
– Scottsdale Luxury Home Market Performance for May 2021 – With the exception of one price point, luxury home sales in Scottsdale accelerated for yet another month! This analysis looks at luxury home sales activity in Scottsdale. I am using an asking price point of $1 million or more to qualify these homes as luxury […]
Phoenix and Scottsdale AZ Luxury Condo Sales – May 2021
– Luxury Condo Sales in Scottsdale and Phoenix – May 2021 – The sales activity for luxury condos in Scottsdale and Phoenix is still incredibly strong. There were thirteen sales last month. However, we did see a large drop in inventory in May, which might hamper sales in June and beyond. Here is a recap […]
Quick Video Update of the Scottsdale Real Estate Market – May 2021
– May 2021 Scottsdale Housing Market Video – May was another very strong sales month in Scottsdale, even with the severely constrained inventory. Here is a one-minute video overview of the Scottsdale, Arizona real estate market that covers the month of May. May 2021 – Video Scottsdale Active Listings As you can see, we had […]
