Buyer Market Blues

What is good for the duck hunter is not good for the duck. Our housing market has been a buyer’s market for over 8 months. Buyer markets are infrequent and typically do not last – many just weeks. So far this one has proven …

Housing Crisis - Real or Imagined?

“The report of my death was an exaggeration” ~ Mark Twain

Chaos begets chaos.  The tariff uncertainty and the volatility of the stock market led to some dire predictions in the housing market.  Newsweek ran an article suggesting home values …

It is not an easy time to comment with certainty on the direction of the housing market.  The housing market is a slow-moving ship.  Unlike the stock market, we don’t see daily volatility.  But let’s be clear –the point is we don’t see it – not that …

Market Uncertainty

With the current head line grabbing volatility in the financial markets, home buyers and sellers are questioning what effect this is having on the housing market.  As the Cromford Report points out that volatility in the housing market has been the norm in last …

It’s a Buyer’s Market – Are Prices Dropping?

 Buyer’s markets are rare in the valley - we have been in a buyer’s market only 4 times in the last 25 years.  By definition, a buyer’s market happens when supply exceeds demand.  This causes prices to move …

 Our apologies to Charles Dickens, as we co-opt his famous title.  Rather we should say “tale of two markets” as greater Phoenix is currently operating as two very distinct marketplaces.  Depending on which you fall in, your experience will differ greatly from the other segment. …

Housing Myths

  For all the talk of national housing shortages, what the housing market has no shortage of is housing prognosticators.  While sensationalism grabs attention, it is often more fiction than fact.  Let’s bust a few myths with the help of Tina Tambour of the …

2025 Begins Quietly

Trying to read market signals with only two weeks under our belt is difficult at best.  It is simply too short a time to detect meaningful trends.  With that said, it is never a bad idea to look at where supply and …

As we begin the year, uncertainty seems to capture the tone of the real estate market.  Uncertainty doesn’t mean bad or good – it just means we simply need data and time to see and understand what trends are emerging.  Another factor is that many listings expire the …

The 4^th Buyer’s Market in 25 Years Arrives in Time for the Holidays

Most consumers are unaware that the greater Phoenix real estate market spends far more time as a seller’s market than as a buyer’s market.  Point in fact, in the last 5 weeks …