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Home Values

What’s Actually Happening With Home Prices?

One headline says home prices are up 26%, and another says they are down 6%.  So, what’s REALLY going on here? Well actually, both are right to some extent. It’s not a surprise that the media has a way of spinning the facts. Sometimes it’s by accident with outdated data,

Market Update

For 25 straight months, Phoenix has been at the top of the charts as the US city with the highest year over year gains – Can we keep the momentum going?  While prices have been relatively flat over the summer, that looks to be changing.  Your end of Quarter 3

Mid Year 2021 Update

With 2021 halfway over (seriously, already?!), it’s time to take the pulse of the current Arizona real estate market. A roaring market fueled by low inventory, low interest rates, coupled with the fastest growing county in the US, it’s no wonder the market has been so hot. Let’s take a closer look

2021 Q1 Market Update

Unless you just emerged from a year-long slumber (and boy would you have missed A LOT), it’s no secret that Arizona Real Estate is hotter than ever. Will home prices continue rising at a rapid rate, or are we starting to see an end in sight? Is this a real

What a COVID-19 Vaccine Could Mean for the Housing Market

When the COVID-19 pandemic first hit US soil nine months ago, we really didn’t know what to expect. By now, it’s become perfectly clear what affect the pandemic has had on the housing and mortgage industries. COVID-19 acted like an accelerant to an already hot real estate market. As we

Market Update

Remarkable. It’s the only word I can come up with to describe the real estate market in Arizona.  A record breaking summer is continuing with no signs of slowing down.  So, how did we get here, and where are we going? Let’s dive into the latest details of the Phoenix

Good News and Bad News

Do you want the good news or the bad news first? OK, the good news:   The AZ governors ‘stay at home’ order is expiring! Now we can eat out, do some shopping, and go out and buy a home…that is unless you are 1 of the approximately 9,000 Phoenicians who

How Home values may be affected by Covid-19

As we digest the impacts of Covid-19 on the economy and state of affairs, it’s an easy assumption to think that “everything is going downhill”. But is that so?  During the great recession, real estate was one of the hardest hit areas, and those tough times are still etched in

Market Boom

116%.  That’s the amount of increases in refinances compared with 1 year ago. Yes, mortgage rates have softened quite a bit this year.  But will it continue?  What about housing prices, will they climb or sink?  Home pricing predictions for Quarter 4 and Quarter 1 of 2020 are in, and

2019 Mid Year Review

It’s hard to believe but 2019 is really halfway over.  Before we start thinking about what the year 2020 will bring, it’s time to look back at what the real estate market has done in the first half of the year.  Where are we now? Where will we go from