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 …
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 …
Real estate affects everyone here in the valley – even those who don’t buy or 
sell. So being a Realtor, I get to see firsthand the level of interest the subject attracts. The second most common question I get asked is “How’s the market?” (The most …
After a year and a half of the real estate market being in the doldrums – low supply and low demand – demand has 
fully corrected. In fact, demand is now in a “normal” range. Supply however, has failed to follow. In fact supply is down about 15% from last …
While sellers are gaining the upper hand in the marketplace this spring buying season, they don’t have power in all areas. Let’s evaluate where buyers are winning and losing. Relatively strong supplies (which give buyer’s potentially more bargaining power) currently exist in:
Chandler –supplies have been rising since early …
The early suspicions that 2015 might actually see an increase in demand are
finally proving to be fact. In real estate, improvement in a market goes from the bottom up, rather than from the top down. This means that to stimulate a market place (i.e. see price improvement …
