Real Estate News

Oct. 3, 2017

Struggling to Recognize a Normal Market?

For those who prefer an article in a Twitter-like format – supply is still constrained, demand appears to be slowing (is this seasonal or an actual decrease?) and we are in the midst of a very “normal” market.  For those who prefer details, continue on. 

The problem with ...

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Sept. 11, 2017

Supply remains low. Will demand follow?

Low supply has stubbornly remained the major theme of the housing market for the last three years.  In fact active counts of homes for sale were lower in only 4 years (2004, 2005, 2012, & 2013).  In 2004 & 2005 “the bubble” was underway with heady demand voraciously ...

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July 11, 2017

How To Get Less Money When You Sell Your House

Every day we field calls from sellers checking on what they can do to their home to increase the home’s value prior to sale.  These questions center around improvements such as solar (we don’t recommend) painting (yes!) flooring and so on.  Yet one of the biggest forfeitures of ...

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June 9, 2017

Mid-Year Market Update

As 2017 reaches the halfway mark – the trends have solidified.  Not surprisingly, supply continues to be constrained under 300K.  Most severely constrained is supply under 200K  – in Maricopa & Pinal counties it is down a whopping 34% from this time last year.  Appreciation is remaining ...

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May 19, 2017

There is NO Bubble Here!

Recently, a very sweet client who is an avid reader of our newspaper (thank you for both being a client and reader) wondered if we would be doing an article soon about preparing your home for sale.  I told her that would-be buyers and sellers are so concerned about ...

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April 7, 2017

The Supply and Demand Seesaw

The spring buying season is now underway and the current numbers seem to confirm the early signals of 2017.

 

New listings to market are tracking almost exactly with 2016.  While this would seem to be good news for supply starved buyers – after all it is 6% more ...

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Nov. 23, 2016

How to give up Equity (or what not to do as a Seller)

The market is remarkably stable at this time despite some headlines in the past few months implying otherwise.  The “Most Improved” award goes to the luxury market – with Scottsdale, Paradise Valley and Carefree all posting great improvements thanks to higher demand and lower supply (quite a reversal from ...

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Sept. 8, 2016

September Market Update

As we enter the last quarter of the year, we begin reflecting on how 2016 has compared to 2015.  It has been a remarkably similar year to 2015 – with only some minor variations.

The biggest challenge of the 2016 market has been the intensely low inventory in the ...

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Aug. 11, 2016

Home Values

As we have discussed in previous articles, the 2016 market has fragmented in to 3 very distinct markets – based almost exclusively on price.  Understanding the supply/demand equation in each of these price points will guide savvy sellers and agents as to the strategies best suited to that ...

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July 1, 2016

Market at a Glance

The trends that were forming in the first quarter of 2016, now are affirmed.  As usual, the two most important laws of economics – the laws of supply and demand – are the driving force behind the trends.   Demand - the more fluid and fickle of the two- is ...

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