

1 Year After Start of Pandemic - Luxury has Exploded Homes Selling for 101% of List Price on Average
For Buyers: With 54% of all sales closed over asking price so far in April, the average sale price per square foot is now higher than the...


Housing Inventory So Low...Need About 24,000 New Listings To Be At Normal Level
Here are the basics - the ARMLS numbers for April 1, 2021 compared with April 1, 2020 for all areas & types: Active Listings (excluding...


Despite Low Demand for Houses...Market is Still HOT!
All but 3 cities now see their Cromford Market Index falling with Paradise Valley and Cave Creek notable exceptions and Tempe just...


44% of Sales Closed Over Asking Price: New Listing Counts Lowest in Over 20 Years
For Buyers: 44% of sales through the Arizona Regional MLS have closed over asking price in the last 30 days. The median amount over...


Will End of COVID 19 Forbearance Moratoriums Bring Flood of Distressed Homes into AZ Market?
Here are the basics - the ARMLS numbers for March 1, 2021 compared with March 1, 2020 for all areas & types: Active Listings (excluding...
Where Have All the Houses Gone?
In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already...


Median Sales Price Up 18%, Inventory Down 61%: Luxury Sales Over $3M up 140%.
For Buyers: Yes, it’s still a good time to buy. Is it fun? No. Inventory is down 61% from this time last year and competition among...


Market Summary for the Beginning of February 2021
Here are the basics - the ARMLS numbers for February 1, 2021 compared with February 1, 2020 for all areas & types: Active Listings...


Forbearance May Not Apply to You...But Someone You Know May Need Guidance...We Can Help!
If you or someone you know is in Forbearance and needs to discuss their options, please pass along our contact information. We have...


Why Right Now May Be the Time to Sell Your House
The housing market made an incredible recovery in 2020 and is now positioned for an even stronger year in 2021. Record-low mortgage...