Are you feeling bored in your current city? Do you feel ready to take a risk and resettle somewhere new after pulling yourself out of a rut? If you’re exploring your options, it’s time to consider Phoenix, Arizona! This booming city is welcoming countless transplants, and if you want to …

The Battle of Affordability.

Market watchers are predicting rising interest rates combined with rising prices are going to give the valley’s real estate market demand a one-two punch that even low supply cannot overcome.  And yet the historically and shockingly low levels of supply must make prices rise.  …

For those hoping for a rebalance of the market (we confess to being in that camp) the steady progress which had been building since April has stalled. The answer to rebalancing is more supply and July delivered in spades with a rise of almost 25% more active homes for sale …

The market has been in such an overheated condition this year that any headline of a “market slowdown” is almost inherently misleading.  Yes, the market is slowing.  But it is a good sign, not a bad one. The market shift actually began in March, and now is confirmed …

Welcome to 2021 and the ever changing real estate market.  To know where we are, we need to examine where we have been.  2020 was a challenging year for all.  But surprising to most was not only how resilient the real estate market was despite the pandemic …

About that real estate market of ours – it certainly was impacted by the pandemic.  Perhaps the biggest surprise to most people is what the actual impact looked like rather than what they assumed would happen.  Let’s examine the impact in the key areas that compose a real …

After 19 offers we have accepted what we thought fit our objectives best. Thanks to Wendy for all of your counseling and advice. Outstanding job of taking things a measured step at a time and explaining  the process in detail. We appreciate that. We haven’t sold a home in 15 …

In our last paper we discussed demand and its strong rebound (up 8%) from 2018.  But we didn’t expound upon the supply side of the story.  We will now attempt to remedy that.  While demand is more elastic (and therefore perhaps the sexier story) supply might actually …

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 …