Real Estate News

Sept. 7, 2018

Is the Housing Market Losing its Steam?

Recently national housing statistics have made headlines regarding the diminishing demand of homebuyers.  This is understandably unsettling to homeowners in the valley who recall all too well the housing crises where supply and demand went topsy turvey.  As interesting as it may be to listen to national housing ...

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May 4, 2018

Sellers Continue to Hang on to the Power

While some areas of the nation are at long last reporting a slowing of sales, the valley’s market is continuing to power forward both in rising sales and appreciation.  Real estate has always been area specific, so while national trends are interesting, they are not particularly meaningful when interpreting ...

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Feb. 8, 2018

Supply – a “Tale of Two Cities”

Supply continues to be the story in the valley (or lack thereof).  But it really is a tale of two cities – if the cities were price points – the 200K range vs. all other price ranges.  Single family homes under 200K seem to be the wooly mammoth ...

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Jan. 3, 2018

Welcome to 2018

We hope you all had a wonderful holiday season!  Now that we are off to a fresh new year it makes sense to note where the market currently stands.

Supply

Undoubtedly our serial readers are already well aware that the 500K and under range has been in a “sellers” ...

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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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