Vlogs | GOARIZONAREALESTATE

Real Estate Market Update: May 2023

It's baaaaaack! The market that is. We are entering a soft seller's market which is the PRIMTE TIME for buyers. The biggest problem today isn't the rates, it's the LACK OF INVENTORY.

If you are thinking of buying a home or own a home in the Phoenix metro market, there is no better source of current up-to-date market conditions than this MONTHLY MARKET UPDATE sent directly to your inbox each month.

Real Estate Market Update: April 2023

4 consecutive months of the market inching back up mostly due to again...the limited inventory. This could be quite chaotic again when interest rates start trickling down. Builders have even reduced their new permits while small builders in the really remote areas have completely ceased land acquisition (Rio Verde, Queen Creek, Buckeye, San Tan Valley, etc.).

Real Estate Market Update: March 2023

For the time being, it looks like December 2022 was the bottom of the market with home values increasing since the beginning of 2023. This has a LOT to do with inventory not keeping up with even the reduced amount of buyers out there.

Real Estate Market Update: February 2023

Superbowl and Phoenix Open are now behind us. So what do we have left to draw interest? Well, Arizona has much more to offer than most cities in the country. Not only do we still have a healthy tourist season upon us but the new jobs keep coming and coming.

See what the numbers are showing with the 1st month of the year behind us and buyers out in full force again. This time with little competition and getting some great deals!

Real Estate Market Update: January 2023

Aaaaaaand we are off ... Buyers seem to like the new mortgage rates. Since January 5 there has been a sharp up-tick in the pace of contracts being signed and some attractive well-priced homes are receiving multiple offers.