This year, homeowners have a golden opportunity to make a successful sale. From April 14th to 20th, the housing market aligns perfectly for sellers aiming to garner substantial interest, close deals swiftly, and fatten their wallets. Analysts have observed that buyer demand surges, competition dwindles, and price reductions are scarce compared to the usual weekly […]
In Quarter 1, 2024, Scottsdale saw a 1% increase in Sold properties compared to Quarter 1, 2023, yet Average Sales prices increased by 9%. Despite this, Inventory rose, offering homebuyers more choices and bargaining power. As we enter Quarter 2, our seasonally strong period for sales, attention turns to potential rate cuts by the Federal […]
In Quarter 1, 2024, Metro Phoenix saw a 6% drop in Sold properties compared to Quarter 1, 2023, yet Average Sales prices increased by 13%. Despite this, Inventory rose, offering homebuyers more choices and bargaining power. As we enter Quarter 2, our seasonally strong period for sales, attention turns to potential rate cuts by the […]
Even when you are in the early days of your home buying journey, you want to start out by touring neighborhoods before getting attached to specific homes. This is an essential first step as it will guide the rest of your home buying search. It’s critical to think about the lifestyle you want to have […]
In 2023, the real estate market in Arizona delivered unexpected challenges for home-flipping enthusiasts. According to a report by ATTOM, a prominent real estate data analysis authority, there was a 29.3 percent decrease in the flipping of single-family homes and condos compared to the previous year. This downturn represented the most significant annual drop since […]
When possible, the answer is absolutely yes! When a home is staged well, it really helps a buyer to get a sense of what it would be like to live there, and gives them a vision of what their life could be like at that property. This includes outdoor spaces as well, especially with Arizona […]
We’ve all experienced it before when something looked amazing online and didn’t quite live up to it’s photos in real life. Over the last twenty years, we’ve all come to learn that you can’t believe everything you see on the internet, especially when it comes to the world of real estate. While some photos might […]
Today, on March 20, 2024, the Federal Reserve has again opted to maintain the current interest rates, marking the fifth consecutive meeting without any adjustments. This decision arrives amidst a globally anticipated announcement, underscoring the Fed’s deliberate strategy in the face of a multifaceted economic landscape. Understanding the implications of this decision requires a deeper […]
In a recent Scottsdale City Council meeting, a significant shift in urban development and preservation efforts emerged as Old Town’s building height regulations were revised. Past administrations, particularly former Mayor Jim Lane’s, faced criticism for approving tall buildings, sparking debates among current council members. As the council takes steps to reduce the bonus heights granted […]
In February 2024, Scottsdale’s housing market showed a big increase in property values and demand compared to January. The average home sales price rose to $1,465,679, showing strong market activity and higher property prices. Also, the number of available properties for sale decreased from a 7-month supply in January to a 5.55-month supply in February […]