NAR 2023 Market Trends
NAR’s 2023 market profile: Nine take-a-ways about buyer and seller profiles1. Household incomes jumped nearly $25,000 from last year.2. Downpayments are higher with wealthier buyers in a competitive market and…
Blog about the latest news in Rio Verde
November Market Update
For Buyers: Buyers who felt they lost out on the buyer’s market last year will be getting another chance this year. The Greater Phoenix housing market, on the whole, only…
10 Reasons that make sense to sell your house
Are Boomers hoarding homes? Interest rates were low when you bought, so why move to pay more? Good questions, but there are ten good reasons to sell:1. Relocation. New job…
October Market Update
For Buyers:The 4th quarter is here, and this is the best time of year to be a buyer in Greater Phoenix! Inventory continues to rise, up 22% in 10 weeks…
September Market Update
Why Buyers Should Stay in the Game in 2023Sellers: Prepare for Longer Days on Market in Q4 For Buyers: When first-time home buyers talk to their parents or grandparents about…
July Market Update
If the real estate market feels like it’s slow, that’s because it is:What is causing the slowdown? Yes, the heat in our seasonal market hits the brakes, but when we…
June Market Update
Annual Appreciation Expected to be Positive Again SoonTraditional Buyers Rebound After Investors Retreat For Buyers: New listings continue to be insufficient in replacing properties that have gone under contract, resulting…
Don’t let the facts get in the way of a good story
In 2022 the Arizona Department of Housing has estimated Arizona was facing a housing shortage of 270,000 units. Since releasing the report, various news reporting agencies have reported the number…
May Market Update
What market conditions favor buyers or sellers? We watch the market month over month with the number of homes selling, how many days on market, and is appreciation going up…
April Market Update
April month end tid-bits The market continues to improve. Sales volumes remain much lower than a year ago, largely because institutional investors and iBuyers (companies such as Opendoor or Offerpad…
