The Greater Phoenix real estate market is not much of a headline grabber.  In fact, the marketplace reminds me of a Saturday Night Live skit I watched recently “Pilates – so hard and so boring”. Yup, we see some similarities.  The market has slowly eroded into a sort of balance ...

The Goldilocks Effect: Phoenix's Spring Housing Market Hits the Balance

 We are now in the heart of the spring selling season and yet it doesn’t feel like prime time.  The market has been quieter than we had anticipated at the beginning of the year.  The greater ...

𝗧𝗵𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 𝗯𝘆 𝘁𝗵𝗲 𝗡𝘂𝗺𝗯𝗲𝗿𝘀

 Now that the peak home buying season is upon us – we have a little more data on how the market is performing.  No pearl clutching headlines here, but still, we find it interesting (accusations of being a geek might be valid) and hope you ...

We are only 60+ days into 2024 and we are studying every market indicator looking for clues as to what this year is likely to bring.  The problem is that trends require sufficient time and strong signals.  We have neither to date.  

The fact that this is an election ...

2024… So Far

We are only 45+ days into 2024 and we are anxiously trying to read the tea leaves for what this year will bring.  The fact that this is an election year leads most people to assume that the election will be an outsized influence on housing ...

The Housing Market Shifts Slightly Towards Sellers

 2024 began with a slight advantage for home sellers.  Why?  December typically ends with less active listings every year as a number of listings expire on the 31^st.  Additionally, we saw a little bump in buyer demand as ...

With very few exceptions, the housing market begins every year with a question:  what will this year’s housing market bring?  The truth is that projecting beyond a few months enters one into the field of guessing, as there is no real estate Nostradamus.  But there are data ...

Market Balance

“The bad news is nothing lasts forever. The good news is nothing lasts forever” J. Cole

The 2023 Housing Market is closing out in “balance”.  Of course that is a bit misleading – as there are parts of the valley favoring buyers (think outlying areas ...

Market Shifts

 The Greater Phoenix market has been steadily shifting away from sellers.  Within a few days of this writing we will be in a balanced market overall.  Eleven cities already are balanced or favor buyers – eighteen favor sellers but are eroding.

If you are a ...

𝗧𝗵𝗲 𝗨𝗻𝗽𝗿𝗲𝗰𝗲𝗱𝗲𝗻𝘁𝗲𝗱 𝗦𝘂𝗽𝗽𝗹𝘆 𝗗𝗶𝗹𝗲𝗺𝗺𝗮

It can be difficult to write about a slow moving train such as our Greater Phoenix housing market.  The market is remarkably quiet right now making poor fodder for attention grabbing headlines.  Both buyers and sellers seem content to sit on the ...