April 2025 Market report
March month end reportIt’s a Buyer’s Market. Why aren’t prices crashing?Could Economic Uncertainty Help the Housing Market?For Buyers Phoenix has been in a buyer’s market for 3 out of the last…
January month end market report
February 1 market snapshot The Verdes:Active listings: 45 up from 35Under contract: 17 up from 8Sold: 2 down from 6Days on market: 77 up from 62Months of Supply: 5.5 down from 5.7 *6 months is considered…
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…
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…
August Market Update
Three positives in the market-Buffini and Company published on HomeSmart Real Smart Agent 1. Inventory and sales varies depending on specific market In many markets, home sales are…
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…
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…
March market update
After 200% Increase, Supply Still Nearly 40% Below NormalFor Buyers:Rates defied industry predictions once again and rose over a point from 5.99% to 7.1% between February 2nd and March 2nd.…
December Market Report
For Buyers: Affordability is determined by 3 things: family income, 30-yr mortgage rates, and sales price. Price is not the only factor that needs to change to push affordability back…