All things home. Here we share tips, advice, answer your questions and talk about community.
Market Update- May 2021
62.8% of Homes Sold Considered Affordable Last Quarter
Median Sales Price Up 27%, Incomes Up 26%
For Buyers:
Despite all the incredible news about rising real estate prices, a family making the median income of $79,000
in Greater Phoenix could …
5 Tips for a Letter to the Seller
You’re up against 11 offers; you’ve done all you can to make your offer clean and straightforward- waiving appraisals, purchasing in “as-is” condition, waiving your loan contingency, and you’re well over ask. What else is there, you ask? What can …
Read MoreMarket Update- April 2021
One 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 …
Summer Home Prep
Each Spring as we enjoy the longer and warmer days that begin and end with cool crisp air, we can’t help but think about that serious summer heat just around the corner. While we are enjoying the weather we have …
Read MoreMarket Update- March 2021
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 asking …
Read MoreMarket Update- February 2021
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 …
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