The month of April saw demand outpacing supply, shifting focus away from interest rates as the main driver of the market. The balance between supply and demand has shifted in favor of sellers since mid-November, indicating the market correction that caused a major slow down in the fourth quarter of 2022. With all this said, […]
The month of April saw demand outpacing supply, shifting focus away from interest rates as the main driver of the market. The balance between supply and demand has shifted in favor of sellers since mid-November, indicating the market correction that caused a major slow down in the fourth quarter of 2022. With all this said, […]
On Wednesday, the Federal Reserve raised interest rates by a quarter percentage point, concluding a 14-month campaign to combat persistent inflation. However, experts believe this may be the final rate hike for the foreseeable future, as a weaker job market and slowing economic growth introduce new uncertainties in the banking sector. The Fed’s statement omitted […]
The Scottsdale real estate market experienced a slowdown in sales activity in March 2023, with a decrease in the number of sold listings and the average sales price. The inventory of properties available for sale increased significantly, which may indicate that buyers have more options to choose from. Additionally, mortgage rates increased in March 2023, […]
Every once in a while, it’s good to shake things up, get out of town, and explore a new city. One of the easiest road trip spots that all Phoenix natives should take the time to visit is Payson, Arizona. Payson is especially charming in the spring and summer months when you can make the […]
The recent collapse of Silicon Valley Bank and Signature Bank has complicated the Federal Reserve’s decision to announce a 0.25% increase in the target federal funds rate. These two failed banks have made the decision to hike interest rates more complex. Silicon Valley Bank was forced to sell a bond portfolio at a loss due […]
Nestled in the beautiful Sonoran Desert of Scottsdale, Arizona, the Desert Mountain Golf Club is a private golf club that boasts six Jack Nicklaus-designed golf courses. Each course has unique characters and challenges, providing members with a world-class golfing experience. The courses at the Desert Mountain Golf Club are designed to take advantage of the […]
Scottsdale, Arizona, is a golfer’s paradise, with dozens of golf courses and private clubs available to members. For those seeking the ultimate golf experience, private golf clubs in Scottsdale offer luxurious amenities, impeccable service, and new golf courses that are among the best in the world. Here are the top 5 private golf clubs in […]
According to Flex-MLS, the Marketplace for MetroPhoenix Residential Properties, in August 2022 versus July 2022, the number of SOLD listings increased by 11% to 488 units with a top sale of $7,800,000 at 5431 E Exeter Boulevard, in Phoenix. The Average Sales Price increased by 2% to $863,057, moving the Average Price Per Sq Foot […]
Did you know that anyone can find out what your home is worth with a click of a button online? Thanks to modern technology, it only takes a quick Google search for the computer to generate an instant home evaluation report. Computers are able to generate an assessment quickly thanks to all of the public […]
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