Market Update February 2022

Housing Market is Just as Tough for Buyers over $1M

Median Sale Price up 2.4% Over Last Month

For Buyers:

Affordability has been dominating the headlines as of late, however few have been documenting the plight of buyers in the …

Outbid Again!

If you are a buyer in today’s market, you’re familiar with being outbid. The telltale signs that you are not getting a “yes” include multiple offers, the whispers of cash, appraisals waived, and when your offer is about to expire…it’s …

Market Update January 2022

Cost to Rent vs. Buying in 2022
Owner Occupant Buyers Retreated in 2021

For Buyers:
As the cost of purchasing a home increases in Greater Phoenix, the question of whether to rent or buy becomes harder
to answer for some …

Market Update- December 2021

What does a “normal” market even look like anymore?

Sellers: Look for these Measures to Shift in 2022

For Buyers:

Does anyone know what a normal, or balanced, housing market looks like anymore? In Greater Phoenix, the supply and demand …

Market Update – November 2021

2022 Housing Predictions: Who to Believe?
Median Price Currently Rising 1% per Month on Average

For Buyers:

‘Tis the season for 2022 projections in the housing market and, as expected, there are conflicting opinions among national housing analysts. Zillow and …

Offers No More

The big Zillow news, the “Zillow Offers” program is shuttering after only a few years due to disappointing profits and shareholder pressure. Zillow acted as buyer, appraiser, bank, flipper, then broker in their Zillow offers model, leaving the company exposed …