Contracts in Escrow up 7% Over Last Year
The Market is Better, but It’s Not Easy for Sellers
For Buyers
The home buying season is entering it’s busiest time in Arizona, and so far contracts in escrow are 7% higher …
Are Homes Overvalued in Greater Phoenix?
Only 6 Cities Left in Seller’s Markets
For Buyers
In April, there was a crisis of “crisis†headlines, spurred by unexpected tariffs and market volatility. The end result was mortgage rates rising from 6.6% …
Mortgage Rates Drop Again – Homes are 10% Off
Record Share of Sellers Paying Buyers’ Fees
For Buyers:
On August 5th, everything went on sale in the housing industry. As discussed in last month’s edition, multiple factors are pointing towards …
3 More Cities in a Buyer’s Market – Incentives Continue to Rise
Rate Drops Equal Major Savings for Buyers
For Buyers:
The second half of 2024 is expected to be better than the first half for buyers in terms of …
Price Negotiations and Concessions are Hot and Heavy this June
Will Rates Decline this Summer?
For Buyers:
It’s feeling a bit like the movie “Groundhog Day†in the Greater Phoenix housing market as we relive the same scenario over and …
Spring Season was a Snoozer. Will Summer be the New Spring?
Greater Phoenix is in a Balanced Market – What Sellers Need to Do
For Buyers:
“So we keep waiting, waiting on the world to change.†~ John Mayer
Mortgage …
Sellers Compete on Condition as Builders Ramp Up New Permits
Why Homeownership is a Hedge Against Inflation
For Buyers
Inflation is a hot topic today. Talk to any investor about hedging inflation and they may bring up strategies that include …
The Spring Housing Season is Upon Us
What’s Hot and What’s Not in Greater Phoenix
For Buyers:
“That is one good thing about this world… there are always sure to be more Springs.†~Lucy Maude Montgomery. Spring is peak home …
How Presidential Elections Affect Housing
Starter Homes are a Hot Market in Greater Phoenix
For Buyers:
With many existing home owners comfortably staying put these days, more attention is placed on first-time home buyers, affordability, and supply of homes. The …
When the Mortgage Rate Drops 1%, the Payment Drops By….
For Buyers:
Well the balanced market didn’t last long, 7 weeks to be exact. Last month the Federal Reserve gave the housing industry a much needed gift. Not only did …
Back to the 80’s? Loan Assumptions, Rate Buy Downs, and Incentives
More Choice for Buyers: Supply Up 22% in 10 Weeks
For Buyers:
The 4th quarter is here, and this is the best time of year to be a buyer …
Why Buyers Should Stay in the Game in 2023
Sellers: Prepare for Longer Days on Market in Q4 For Buyers:
When first-time home buyers talk to their parents or grandparents about today’s mortgage rates, they may get a response similar …
