Metro Phoenix Average Sales PriceMarch 2020 – $605515April 2020 – $6188072% Increase Average Days On MarketMarch 2020 – 65April 2020 – 633% Decrease Average Sale Price Per Square FootMarch 2020 – $227.27April 2020 – $224.371% Decrease Sale to List Price RatioMarch 2020 – 97.27%April 2020 – 96.31%1% Decrease Number of Sold ListingsMarch 2020 – 744April […]
Average Sales PriceMarch 2020 – $914,003April 2020 – $867,9995% Decrease Average Days On MarketMarch 2020 – 85April 2020 – 850% No Change Average Sale Price Per Square FootMarch 2020 – $284.55April 2020 – $284.980% No Change Sale to List Price RatioMarch 2020 – 96.97%April 2020 – 96.21%1% Decrease Number of Sold ListingsMarch 2020 – 485April […]
In 1963, Martin Luther King, Jr. led and inspired a powerful movement with his famous “I Have a Dream” speech. Through his passion and determination, he sparked interest, ambition, and courage in his audience. Today, reflecting on his message encourages many of us to think about our own dreams, goals, beliefs, and aspirations. For many […]
Some Highlights: On January 10th of each year, “National Cut Your Energy Costs Day” encourages consumers to reduce their overall energy costs by improving home efficiency. According to Freddie Mac, a typical U.S. family spends $2,200 per year on energy bills. By making energy efficient upgrades, you could reduce your energy bills by up to […]
This will be an interesting year for residential real estate. With a presidential election taking place this fall and talk of a possible recession occurring before the end of the year, predicting what will happen in the 2020 U.S. housing market can be challenging. As a result, taking a look at the combined projections from […]
Some Highlights: Interest rates will be lower than they have been since before 1980 at 3.8% and are projected to remain steady throughout 2020! According to CoreLogic, home prices will appreciate at a rate of 5.4% over the course of the year. Experts predict that the number of homes sold next year will be equal […]
The reality of what we’re seeing this month is that homes are selling fast. In today’s strong seller’s market, bidding wars are common and expected with starter or entry-level homes. In most areas of the country, first-time buyers have been met with fierce competition throughout their homebuying experience. Some have been out-bid multiple times before […]
Some Highlights: Existing Home Sales are currently at an annual pace of 5.46 million. The inventory of existing homes for sale remains below the 6 months needed for a normal market and is now at a 3.9-month supply. Inventory remains low due to high demand from buyers who are still looking for a house to […]
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