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% …
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 the …
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 …
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 market. Not …
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 up. …
The spring buying season is now underway (sadly accompanied by the flu season) and trends are now becoming observable. Supply is up – 8.5% over 2015, 3.3% higher than 2014, and 13.2% more than in 2013. This would be good news for buyers, except the mix of the new listings …
February showed some signs of life for homes going under contract after surprisingly lackluster activity levels in January. But as we warned, trends take time to form, and so a good or bad month does not make a year. 2016 had been heralded by most to be a likely breakout …
December 2015 ended with a bang – with higher levels of activity and demand
than is typical for December. This of course would lead most to believe that if December was that strong, then surely January would follow suit. Ever the contrarian, the market started 2016 with the …
estate market.
As we approach the last quarter, we have a few benchmarks that reveal market
trends this year. Rather than trying to sweep this in to one cohesive thought – we simply offer you some observations in no particular order of importance.
Much like our …
