

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...


2020 Broke the Record for Luxury Sales Supply Down 51%, Slim Pickings in 2021
For Buyers: There were 111,036 new listings added to the Arizona Regional MLS (ARMLS) in 2020, only 38 more than 2019, while 100,650 sold....


Active Listings Down 40%, yet Sales Up 20% from October 2019
Here are the basics - the ARMLS numbers for November 1, 2020 compared with November 1, 2019 for all areas & types: Active Listings...


Homes Under Contract Up 36% from this Time Last Year!
For Buyers: A common complaint in the resale market is “there’s nothing for sale”. However from July through September, the Realtor®...


Wow! 17% Spike in Contracts over $600K in August 34% of Homes Closed Over Asking Price
For Buyers: The first few weeks of August saw a surprising 17% spike in listings under contract over $600K. This is highly unusual as...


Phoenix Real Estate Market is Still HOT!
Once again, here is our table of Cromford® Market Index (CMI)* values for the single-family markets in the 17 largest cities The number...


35.2% of Homes Sold In Phoenix this Month, Sold for Over List Price
Once again, here is our table of Cromford® Market Index* values for the single-family markets in the 17 largest cities as of August 20,...


Average Price Per Square Foot Hits Record Highs
Below is our table of Cromford® Market Index* values for the single-family markets in the 17 largest cities. For the first time since...


July Breaks Records in 2020: 65% of Homes Affordable in Greater Phoenix
For Buyers: It’s a jungle out there for buyers, but despite recent appreciation rates the HOI* measure for Greater Phoenix increased to...


AZ Housing Market is HOT...Top 5 AZ Cities Selling Over Asking Price
For Buyers: Greater Phoenix has a population of approximately 4.8 million people and 1.4 million single family homes, condos and...