If you’ve been keeping an eye on the housing market over the past couple of years, you know sellers have had the upper hand. But is that going to shift now that inventory is growing? Here’s a breakdown of what you need to know. What Is a Balanced Market? A balanced market is generally defined as a […]
Scottsdale Real Estate Market
Scottsdale AZ Luxury Home Market – July 2024
– Scottsdale Luxury Home Market Performance for July 2024 – The month of July was another decent month for this market segment. While we are seeing slower activity overall in the single-family home market, luxury homes in Scottsdale and Phoenix are still posting strong sales numbers. We did see a drop in new contracts in […]
How Mortgage Rate Changes Impact Your Homebuying Power
If you’re thinking about buying or selling a home, you’ve probably got mortgage rates on your mind. That’s because you’ve likely heard that mortgage rates impact your monthly mortgage payment and therefore how much you can afford, and you want to factor that into your planning. Here’s what you need to know. What’s Happening with Mortgage Rates? Mortgage rates have […]
Phoenix and Scottsdale AZ Luxury Condo Sales – July 2024
Luxury Condo Sales in Scottsdale and Phoenix – July 2024 Here is our monthly report on the sales activity of luxury homes in Scottsdale and Phoenix. Each of these homes had an asking price of $1 million or more. Unlike the single-family home market where we are generally seeing slower sales activity, the luxury condo […]
Quick Video Update of the Scottsdale Real Estate Market – July 2024
– July 2024 Scottsdale Housing Market Video – Here is a quick video overview of the Scottsdale, Arizona single-family home real estate market that covers the month of July. July 2024 – Video Scottsdale Active Listings Active listings were down 9.2% between June and July. We do see this fall off in summer when sellers […]
Top 4 Factors to Consider When Choosing Your Mortgage
With home prices and rates still relatively high, securing a mortgage can feel daunting––even to the most experienced borrowers. But don’t let that deter you: If other homebuyers’ experiences are any indication, odds are you’ll eventually find a home loan that works well for you. In fact, most U.S. homeowners say they’re satisfied with the […]
Scottsdale AZ Single Family Home Sales – July 2024
– July 2024 Scottsdale Homes for Sale and Home Sales – As I alluded to last month, sales activity has continued its seasonal slowdown now that we are in the middle of summer. SCOTTSDALE HOME SALES ACTIVITY – JULY 2024 Each month, we track several items that help us get a better feel for where […]
Scottsdale AZ Luxury Home Market – June 2024
– Scottsdale Luxury Home Market Performance for June 2024 – June was another solid month for Scottsdale’s luxury home market. We are seeing some more softening in the lower end of the luxury market, but on the top end, homes keep selling. In this report, we do a deep dive into the single-family luxury home […]
