

AZ Housing Market Summary for the Beginning of May
Starting with the basic ARMLS numbers for May 1, 2019 and comparing them with May 1, 2018 for all areas & types: Active Listings...


Mortgage Payments Drop $50 per Month on a Median Priced Home...Listings Under Contract Up 19% in 5 W
Buyers got a break last month as 30-year mortgage rates dropped significantly from an average of 4.41% to 4.08%, which is the lowest they...


Price Reductions up 71% on Listings $200K-$250K: Sellers: Get Competitive, It’s “Buyer Season”
For Buyers: Good news for buyers over the past few weeks, interest rates came down a few notches. That combined with the increased loan...


List Price Reductions up 24% in Greater Phoenix, Up 42% in Some Areas
For Buyers: A weak 4th quarter for sales in 2018 has resulted in 11,874 price reductions in the first 5 weeks of 2019. That’s 24% higher...


Market Summary for the Beginning of February 2019
Starting with the basic ARMLS numbers for February 1, 2019 and comparing them with February 1, 2018 for all areas & types: Active...


Market Summary for the Beginning of 2019
As we enter the New Year, the final statistics are in for December 2018. Starting with the basic ARMLS numbers for January 1, 2019 and...


Seasonally, This is the Calm Before the Storm for Buyer Activity
For Buyers: Remember when you would not eat your dinner as a kid and your parents would serve it to you for breakfast or lunch until it...


Phoenix Housing Market...Slowing?
In recent weeks you may have read that the US Housing market is softening as we approach year-end. In our business we did see some...


Market Summary for the Beginning of December
Starting with the basic ARMLS numbers for December 1, 2018 and comparing them with December 1, 2017 for all areas & types: Active...


New Listings Up 18% in October between $250K-$400K
The 4th Quarter is Seasonally the Best Time to be a Buyer For Buyers: Seasonally the 4th Quarter is the best time to be a buyer and this...