There’s good news in the Scottsdale housing market: the Average Sales Price has risen by 1% to a comfortable $1,362,950, equating to a $451 Average Price Per Square Foot. Additionally, inventory has decreased to 3.83 months’ worth of properties for sale, signaling a move toward a balanced market. While mortgage rates have hovered above 7%, […]
The Metro Phoenix market saw a 3% drop in the Average Sales Price, now at $965,455, leading to a $357 Average Price Per Square Foot. Inventory increased slightly to 3.47 month’s worth of properties for sale. When the 30-year fixed mortgage rate stays above 7%, demand for resale homes is so weak that more is […]
The rising tide of home prices in the United States has prompted a scramble for answers, and one factor often thrust into the spotlight is the influence of Airbnb short-term rentals. This contentious issue resonates strongly in the housing markets of Scottsdale and Phoenix, Arizona. While these rentals seem the apparent culprit behind housing shortages, […]
June was a little low with single-family New Home sales, but July bounced back with a 4.4% jump upwards! Median sale prices took a 12.1% dip from the high last year, which is certainly good news for Buyers. Existing home sales were slightly down, retreating by 2.2% from June to July. Why, you ask? The […]
Homebuying is an exhilarating journey, but it’s not without its challenges. One pivotal juncture in this process is the home inspection. Unfortunately, this step often gets a bad rap, with misconceptions swirling around it like a cloud of uncertainty. Home inspections aren’t the deal killers they’re made out to be. They’re the truth-tellers, the enlighteners, […]
The Scottsdale housing market for July 2023 indicates a decline in sold listings and average sales prices for the 2nd consecutive month, with an increase in inventory. However, U.S. property values are up in all regions except for the West and Mountain, which serve as lead indicators for market trends. It remains to be seen […]
The Metro-Phoenix housing market for July 2023 indicates a decline in sold listings and average sales prices for the 2nd consecutive month, with an increase in inventory. However, U.S. property values are up in all regions except for the West and Mountain, which serve as lead indicators for market trends. It remains to be seen […]
Dog Fun Festival! This upcoming event is a celebration of dogs and the special bonds they share with us! Get set for thrilling Dog Races, with categories for the big and the small. Prizes await the fastest paws in each race! They’re also honoring the uniqueness of our furry friends with Best Dog Trick and […]
Cool Off This Weekend! Slide The Rails! Dive into the festivities at Railroad Park’s exuberant summer bash, Slide the Rails! It’s a perfect event to wrap up the summer season as you glide into the school year. Tons of inflatable water slides and engaging obstacle courses, appropriate for every age, will be at your disposal. […]
As we turn the page on the calendar and say goodbye to the summer, the day many parents anticipate with a mix of trepidation and relief looms ever closer – National Back to School Day. Falling annually on the first Tuesday of August, this day serves as a symbolic beacon reminding us to prepare for […]
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