LOWEST Number of New Listings Posted in at Least 18 Years...Contracts in Escrow Up Over 15%!
For Buyers: It’s slim pickings for buyers in Greater Phoenix these days unless your budget is over $500,000. Overall supply is 14%...
AZ Real Estate Market is HOT...Favoring Sellers!
The market is hot and becoming very unbalanced in favor of sellers.
May and June 2019 Were Exceptionally Strong, Despite Slow Start The Beginning of the Year!
The months of May and June 2019 were both exceptionally strong, especially considering the market was looking wobbly back in January. Let...
AZ Remains a Seller's Market
After 2 complete weeks have elapsed we can take a fair reading of how June is doing. It is good news for sellers once again. Closed...
Monthly Sales Up 7.1% in Greater Phoenix...Higher Incomes in Greater Phoenix Fueling More Contracts
For Buyers: Re-sale prices are not predicted to come down this year. Between August 2018 and January 2019 it looked like the market was...
Market Summary for the Beginning of June 2019
The month of May 2019 was a monster. New all-time records were set for sales units and dollar volumes through ARMLS, surpassing not only 201