While it is unlikely there will be snow this December, there are still so many fun ways to get festive and celebrate the holiday season around the Valley this year. Events might be socially distanced, but they are not short on holiday cheer! One of the major perks of living in Arizona is that you […]
Get ready for some pampering! One of the main draws of the Valley of the Sun is the laid-back, peaceful, easy-going atmosphere. Whether you are a full-time resident or you are on vacation, it is hard not to relax under the sunny desert skies. Along with the many luxury resorts, Scottsdale has become known as […]
Earlier this year, many economists and market analysts were predicting an apocalyptic financial downturn that would potentially rattle the U.S. economy for years to come. They immediately started to compare it to the Great Depression of a century ago. Six months later, the economy is still trying to stabilize, but it is evident that the […]
Some Highlights Buyers are actively searching for and purchasing homes at a record-breaking pace. According to the latest report from the National Association of Realtors (NAR), in July, 68% of homes were on the market for less than a month. With homes moving from listing day to pending sale in an average of just 22 […]
Real estate continues to be called the ‘bright spot’ in the current economy, but there’s one thing that may hold the housing market back from achieving its full potential this year: the lack of homes for sale. Buyers are actively searching for and purchasing homes, looking to capitalize on today’s historically low interest rates, but […]
Scottsdale Average Sales Price: July 2020 – $899,514 vs, August 2020 – $922,451 = 3% increase Average Days On Market: July 2020 – 85 vs August 2020 – 87 = 2% increase Average Sale Price Per Square Foot: July 2020 – $288.01 vs August 2020 – $292.58 = 2% increase Sale to List Price Ratio: […]
Metro Phoenix Average Sales Price: July 2020 – $632923 vs August 2020 – $618427 = 2% decrease Average Days On Market: July 2020 – 60 vs August 2020 – 58 = 3% decrease Average Sale Price Per Square Foot: July 2020 – $237.82 vs August 2020 – $238.1 = 0% No Change Sale to List […]
Earlier this year, realtor.com announced the release of the Housing Recovery Index, a weekly guide showing how the pandemic has impacted the residential real estate market. The index leverages a weighted average of four key components of the housing industry by tracking each of the following: Housing Demand – Growth in online search activity Home […]
How long have you lived in your current home? If it’s been a while, you may be thinking about moving. According to the latest Profile of Home Buyers and Sellers by the National Association of Realtors (NAR), in 2019, homeowners were living in their homes for an average of 10 years. That’s a long time […]
There has been much talk around the possibility that Americans are feeling less enamored with the benefits of living in a large city and now may be longing for the open spaces that suburban and rural areas provide. In a recent Realtor Magazine article, they discussed the issue and addressed comments made by Lawrence Yun, […]
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