Category: Market Update

Water Supply

Arizona’s water supply

With the influx of new residents to Arizona, there have been a lot of discussions about our water supply.  Especially since the declaration of the first-ever water shortage from the Colorado River caused us to

Latest Housing Stats from ARMLS

After two straight years of strong sales activity and rapidly rising home prices, our market is cooling and cooling rapidly, with a balanced market next on the horizon. There may still be a buyer or

Is It Enough To Offer Asking Price In Today’s Housing Market?

If you’re planning to buy a home this season, you’re probably thinking about what you’ll need to do to get your offer accepted. In previous years, it was common for buyers to try and determine how much

December Housing Updates

Monthly Statistics for the Phoenix Metro Area

The September stats are in for Phoenix Metro.  Below are the highlights with a link to the full report provided by ARMLS: Sales are up +3.8% month-over-month. The year-over-year comparison is down -3.9%. New inventory

Bathroom Remodel

Bathrooms over countertops. How Covid-19 has changed home listings.

Bathrooms over countertops. How Covid-19 has changed home listings. Move over granite countertops — Covid-19 changed the top selling points in home listings. In 2019, the most popular home features and amenities in home listings

Why 2021 Is Still the Year To Sell Your House

If you’re trying to decide whether or not to sell your house, this is the time to think seriously about making a move. Fannie Mae’s recent Home Purchase Sentiment Index (HPSI) reveals the number of respondents who say it’s a good

18 INTERIOR DESIGNERS YOU SHOULD BE FOLLOWING ON INSTAGRAM-

18 INTERIOR DESIGNERS YOU SHOULD BE FOLLOWING ON INSTAGRAM- These interior designers craft Instagram-worthy spaces that will fill your feed with #inspiration. Be inspired with your next design!  

Could Home Sales Level Off in Fall?

Could Home Sales Level Off in Fall? Fall offers a glimmer of hope that home sales will level off. These days, potential homebuyers don’t BUY homes. They “win” them. Multiple offers being the rule and

Delaying repayment of mortgage loans continues to show improvement

Forbearance numbers continue to show improvement The rate of forbearances (delaying the repayment of mortgage loans) are dropping HousingWire’s Kathleen Howley cites Black Knight in reporting a drop of 22% from May’s peak of 4.7

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