In July, the average 30-year fixed-rate mortgage fell below 3% for the first time in history.1 And while many Americans have rushed to take advantage of this unprecedented opportunity, others question the hype. Are today’s rates truly a bargain? While average mortgage rates have drifted between 4% and 5% in recent years, they haven’t always […]
Scottsdale Real Estate Market
Scottsdale AZ Single Family Home Sales – July 2020
– July 2020 Scottsdale Homes for Sale and Home Sales – July turned out to be an even better sales month for Scottsdale than June, which was already a great month. Sales were the highest we have seen in the past year. SCOTTSDALE HOME SALES ACTIVITY – JULY 2020 Each of the following items are […]
Scottsdale AZ Luxury Home Market – June 2020
– Scottsdale Luxury Home Market Performance for June 2020 – After a couple of rough months, the luxury home market in Scottsdale rebounded in most places in June. For the purpose of this report, we are tracking the sales activity of homes in Scottsdale with list prices of one million dollars or more. We track […]
Quick Video Update of the Scottsdale Real Estate Market – June 2020
– June 2020 Scottsdale Housing Market Video – June 2020 – Video June saw home sales rebound to the same kind of sales activity we saw in June 2019 and sales increased 64% over May of this year. Here is a one-minute video overview of the Scottsdale, Arizona real estate market that covers the month […]
Phoenix and Scottsdale AZ Luxury Condo Sales – June 2020
– Luxury Condo Sales in Scottsdale and Phoenix – June 2020 – Luxury condo sales had a better month in June, but activity was still a little lacking, This report takes a look at condos priced at or above $1 million in Scottsdale and Phoenix. ACTIVE LISTINGS AT THE END OF JUNE Inventory dropped from […]
Scottsdale AZ Single Family Home Sales – June 2020
– June 2020 Scottsdale Homes for Sale and Home Sales – What a month! Things certainly turned around in June. The demand that was put on hold in March and April translated into a very strong housing market for June. I believe that sales could have been even higher if there were more homes for […]
Quick Video Update of the Scottsdale Real Estate Market – May 2020
– May 2020 Scottsdale Housing Market Video – May 2020 – Video May 2020 still felt the impacts of people staying in place and this is reflected in the sales for the month. However, on a positive note, the number of homes that went under contract in May rebounded to much healthier levels. Here is […]
Phoenix and Scottsdale AZ Luxury Condo Sales – May 2020
– Luxury Condo Sales in Scottsdale and Phoenix – May 2020 – May, typically a still-brisk sales month, continued to show the impact of COVID-19 on the luxury home market. Sales activity was somewhat lackluster. In this report, we are defining luxury as condominiums with asking prices above $1 million. ACTIVE LISTINGS AT THE END […]
