April 2022 market report
Jobless benefit claims are down to their lowest levels since the 1960’s evidence of demand for labor exceeding supply.Builder confidence and housing starts for single family homes are on the…
Jobless benefit claims are down to their lowest levels since the 1960’s evidence of demand for labor exceeding supply.Builder confidence and housing starts for single family homes are on the…
The FED pushed rates to their highest levels in 3 years. Keep in mind that the low rates we’ve seen over the last 2 years were not normal and were the…
MARKET UPDATE JANUARY 2022 FROM TOM RUFF, ARMLS: One of the things I do each month before writing STAT is to go back and review our commentary from the prior…
National Association of Realtors forecast interest rates to continue to climb with 3.5% anticipated by mid-2022. This may slow down the market, but not to pre-pandemic levels.Monthly home value growth slowed to…
Monthly market titbits: Maricopa county Arizona is gaining 277 people a day, Arizona 355 a day in population growth.Sale prices are predicted to increase 14.2% in 2019-2020 the fastest rate…
We are still watching the numbers to tease out the effect of COVID on the market and what we have seen so far and continues to play out is the days on market are increasing and closings are taking longer
What we have seen and heard in the business over the last month along with observations by other agents and updates from the Cromford reporting. Here are the rumors and…