Market Update- September 2022
32% of New Home Sales Had Concessions to Buyers
Mortgage Rate Hikes Cause Drop in Contracts Again For Buyers:
The percentage of closings with seller-paid closing costs continues to grow as August and September to date range be- tween 12-13% …
Market Update- August 2021
Let’s see where the housing market stands from the August 2021 Cromford Report below.
Supply is up 42% since May, price reductions are up 131% . Affordability has dipped below normal to 56%.
There is a little …
Market Update- January 2021
2020 Broke the Record for Luxury Sales Supply Down 51%, Slim Pickings in 2021
There were 111,036 new listings added to the Arizona Regional MLS (ARMLS) in 2020, only 38 more than 2019, while 100,650 sold. As of …