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March 2019 Phoenix Metro Residential Real Estate Market Analysis

  Price Reductions up 71% on Listings $200K-$250K Sellers: Get Competitive, It’s “Buyer Season” For Buyers: Good news for buyers over the past few weeks, interest rates came down a few notches.  That combined with the increased loan limit for conventional financing gave buyers a little boost.  The new loan limit for conventional financing in […]

October 2018 Phoenix Metro Residential Real Estate Market Analysis

Seller Concessions Spike on Listings Sold Between $200K-$250K Price Reductions up 27% on Active Listings Between $250K-$400K For Buyers: October marks the 4th month in a row that supply has continued to rise between $200K – $400K, which is good news for many buyers as it provides them with more choice and fewer competing offers. […]

June 2018 Phoenix Metro Residential Real Estate Market Analysis

Is Greater Phoenix “Overvalued”? Mortgage Payments Are Lower Than They Were 13 Years Ago For Buyers: Interest rates have been increasing along with the inflation rate as of late, which has spawned a string of headlines about affordability. While the rate hike has knocked some buyers out of the market without a doubt, general affordability […]

Highlights From the Profile of Home Buyers and Sellers

Highlights From the Profile of Home Buyers and Sellers For most home buyers, the purchase of real estate is one of the largest financial transactions they will make. Buyers purchase a home not only for the desire to own a home of their own, but also because of changes in jobs, family situations, and the […]