There seems to be some concern that the 2020 economic downturn will lead to another foreclosure crisis like the one we experienced after the housing crash a little over a decade ago. However, there’s one major difference this time: a robust forbearance program. During the housing crash of 2006-2008, many felt homeowners should be forced to […]
Scottsdale Real Estate Market
Phoenix and Scottsdale AZ Luxury Condo Sales – October 2020
– Luxury Condo Sales in Scottsdale and Phoenix – October 2020 – The activity level of the Scottsdale and Phoenix luxury condo market forged head at a fast pace in October. Typically, this is a slower time of year for this market. In this report, we look at luxury condo sales in Scottsdale and Phoenix. […]
Quick Video Update of the Scottsdale Real Estate Market – October 2020
– October 2020 Scottsdale Housing Market Video – And October continued to defy seasonal sales patterns as well! Sales were up again in a time period when we typically see things slow down. Here is a one-minute video overview of the Scottsdale, Arizona real estate market that covers the month of October. October 2020 – […]
The New Normal: A Strong Housing Market Expected to Continue into 2021
“2020 will be known for a lot of things, and a record-breaking year for real estate will certainly be one of its more unexpected legacies,” prominent economist Daryl Fairweather said.1 And he’s right: most of us would have expected the housing market to suffer from circumstances like a once-in-a-hundred-years pandemic and historic inventory shortages. But, […]
Scottsdale AZ Single Family Home Sales – October 2020
– October 2020 Scottsdale Homes for Sale and Home Sales – October was another record-breaking month for the Scottsdale real estate market. I have not seen anything like it and I have been tracking the numbers monthly since 2007. The late summer and fall tend to be slower months for home sales, but we are […]
Three Ways Low Inventory Is a Win for Scottsdale Sellers
If you have been following the news, you know that the Valley real estate market is incredibly hot right now. We have very low inventory, historically low interest rates and very high buyer demand. We are seeing this everywhere – Scottsdale, Paradise Valley, Peoria, Tempe, Phoenix and pretty much everywhere else! In the United States, […]
Scottsdale AZ Luxury Home Market – September 2020
– Scottsdale Luxury Home Market Performance for September 2020 – It was another incredibly impressive month for the luxury home market in Scottsdale. Typically, we see activity slow quite a bit around this time of year, but the current demand is very strong. This report looks at luxury homes in Scottsdale that were listed for […]
Phoenix and Scottsdale AZ Luxury Condo Sales – September 2020
– Luxury Condo Sales in Scottsdale and Phoenix – September 2020 – The luxury condo market is still performing, even as we move into what is traditionally a slower time of year. This report covers the luxury condo market in Scottsdale and Phoenix. All of these condos were on the market at $1 million or […]