The real estate market is expected to do very well in 2021, with mortgage rates that are hovering at historic lows and forecasted by experts to remain favorable throughout the year. One challenge to the housing industry, however, is the lack of homes available for sale today. If you have been following the Scottsdale and Greater Phoenix market, you […]
Scottsdale Real Estate Market
Scottsdale AZ Luxury Home Market – December 2020
– Scottsdale Luxury Home Market Performance for December 2020 – I have been tracking this data monthly since 2007 and can safely say I have never seen numbers like this in the luxury segment before. Sales activity shattered any previous records as the last month of 2020 came to a close. This report covers the […]
Phoenix and Scottsdale AZ Luxury Condo Sales – December 2020
– Luxury Condo Sales in Scottsdale and Phoenix – December 2020 – The luxury condo market in Scottsdale and Phoenix ended the year with very strong sales activity as well as strong pending sales. In this report, we look at the sales activity of luxury condos in Scottsdale and Phoenix. All of these condos were […]
Should I Wait for Lower Mortgage Interest Rates?
Historically low mortgage rates are a big motivator for homebuyers right now. In 2020 alone, rates hit new record-lows 16 times, and the trend continued into the early part of this year. Many hopeful homebuyers are now wondering if they should put their plans on hold and wait for the lowest rates imaginable. However, the reality is, […]
Quick Video Update of the Scottsdale Real Estate Market – December 2020
– December 2020 Scottsdale Housing Market Video – December closed out 2020 with the highest sales month of the year. This is impressive since we have the lowest inventory levels I have seen. Here is a one-minute video overview of the Scottsdale, Arizona real estate market that covers the month of December. December 2020 – […]
New Year, New Home? Set Homeownership Goals Whether You’re Buying, Selling, or Staying Put
The start of a new year always compels people to take a fresh look at their goals, from health and career to relationships and finance. But with historically low mortgage rates, increased home sales and price growth, and a tight housing inventory, the time is right to also make some homeownership resolutions for 2021. Home […]
Scottsdale AZ Single Family Home Sales – December 2020
– December 2020 Scottsdale Homes for Sale and Home Sales – December closed out the year with the highest sales volume we have seen. We also closed out with the lowest inventory we have seen. SCOTTSDALE HOME SALES ACTIVITY – DECEMBER 2020 There are four items we track on a monthly basis: – Single-family homes for […]
Scottsdale AZ Luxury Home Market – November 2020
– Scottsdale Luxury Home Market Performance for November 2020 – The results for the November luxury home market are in – And while sales were for the most part down, pent up demand had UCB and pending sales on the upswing! What is unusual is that November is typically a quieter month, so to see […]
