📈 Real Stats on why our Real Estate market in Arizona is so strong. Expect prices to continue to rise, not as many multiple offers, and fewer contingencies.
Supply & Demand: Supply is all of the properties; demand is all of the humans. The relationship between supply and demand dictates pricing in all sectors. There are influences that solely impact supply or demand, but those influences do not directly change sales prices. Mortgage interest rates influence demand and buyer behavior, but it does […]
Arizona market update. Relief coming for home buyers.
After experiencing 25% appreciation since a year ago in some parts of the valley in post covid, Arizona may be taking a breather, but it’s complex. Here are the top charts from our latest 2021 real estate market report that explains why Arizona is due for a slow down, why prices will continue upward for […]
Arizona home prices are not coming down anytime soon. October 2020
Be prepared to be shocked, mass migration is underway and Arizona life is being changed slowly. Real estate prices are not coming down anytime soon and the election will have no impact on home prices, so if you’re waiting don’t. There are not a lot of good options out there because if you rent, rents […]
Home ownership, home value, and what it feels like to own your own home as an investment.
https://youtu.be/NsSbUmzsGp4 Homeownership, home value, and what it feels like to own your own home as an investment. There are not many investments that a bank will lend on, but homeownership is one they feel is a good one, and it’s the easiest way to borrow money and invest if you follow the rules. Everybody needs […]
Real Estate market update for Arizona in August 2020
Here we are in August and the upward trend continues as buyers still moving here and supply cannot catch up forcing prices to climb and selection to be Scarce. This is now and in real estate, it takes months, quarters, and years for change sometimes but to reverse the market to get the Cromford Report […]
V-shaped recovery was the accurate prediction of the economy and home sales months ago.
Here is a deep dive into market stats for pure nerds. The information is mostly from the Wilcox report and some online articles. “To erase the fear, you must get clear” Here is true data and not just a hunch, please read if you think your home value is going to crash, your thinking of buying […]
2300 E Campbell avenue, Phoenix AZ Condo, unit #203 for sale. Jay Bru Group
2300 E Campbell avenue, Phoenix AZ Condo, unit #203 for sale.2300 E Campbell Ave Phoenix AZ 1 BD / 1.5 BA 1008 sqft Modern masterpiece! Concrete & steel condo with gorgeous views of Camelback Mtn. Chef-inspired kitchen with Bosch & LG S/S appliances, quartz counter-tops & hardwood flooring. Clever built- in Murphy bed & cabinetry. […]
🏡🏡 Arizona Real Estate market update April 26th 2020
Latest Arizona Real estate market update, April 26th 2020. Hope everyone is keeping sane, I know there’s some of you out there that are not as good as others, and some that are good one day and not at all the other. For me if I can remove the unknowing, it can help alleviate some […]
87% of home owners who held their properties for 7-10 years had a positive housing equity gain since 1989.
87% Percent of home purchases in all major metro markets that resulted in a positive housing equity gain for owners who held the property for 7 to 10 years, according to NAR’s Single-Family Home Price Gains by Years of Tenure report. This latest study analyzes whether homeowners are more likely to experience a home price […]
Is that Fixer-Upper a good deal? Likely lost money but with no regrets
Is That Fixer-Upper Really a Good Deal? August 27, 2019 The lower price of a fixer-upper and the added resale value after a remodel can be alluring to some home buyers. For example, the average price of a fixer-upper home on the TV show “Fixer Upper,” based in Waco, Texas, is $178,449, with the average resale value […]