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June 2023 AZ Real Estate Market Report

Welcome to the June 2023 update on the Arizona real estate market. Despite the passage of the last few months, the landscape remains relatively unchanged, with dwindling inventory and a consistent upward trajectory in prices. As we step into the summer season, we anticipate a potential reduction in demand while hoping for a surge in […]

Buying a home before selling

Buying a home before you sell. Maybe your family has grown. Maybe you’re relocating for a new job. Maybe you’ve just found your dream home. Whatever the case, if you own a home and need to buy a new one, you’re faced with a common dilemma: What should you do first? Is it better to […]

How to prepare your home for showings:

First Impressions are Lasting Impressions. The exterior of your home often determines how buyers will view the interior, so: Accentuate the Positive. “How we live in a home and how we sell a home are often two different things.” Try to see your home with a fresh perspective and arrange each room to bring out […]

January 2023 Arizona real estate market update

2022 in Review!Arizona real estate market update for January 2023 Market Summary for the Beginning of 2023 For a complete picture of all the charts used in the latest Cromford market report, click here.  Here are the basics – (the ARMLS numbers for January 1, 2023, compared with January 1, 2022, for all areas & […]

Mid-December AZ real estate market update

arizona real estate market update

Happy Holidays everyone, and I wish you the best in the coming year!! If you’re considering buying or selling real estate this coming year, you will want to read this article, as this is an up-to-date market analysis from the Cromford report, the best data source from the Arizona MLS! Click here for a list […]

Mid-November 2022 Arizona Real Estate Market update – Cromford Report

For the complete list of Charts to explain the Real Estate market for November 2022, click here. The biggest question is when interest rates will fall. High-interest rates have caused a low contract ratio, falling prices, and low demand. When will buyers feel comfortable coming back to the table with all this pent-up demand? Most […]

October 5th Market update

Arizona Market Summary for the Beginning of October from the Cromford Report “Homebuyers are in a wait-and-see mode with the elevated interest rates.”  Here are the basics – the ARMLS numbers for October 1, 2022, compared with October 1, 2021, for all areas & types: Active Listings (excluding UCB & CCBS): 20,084 versus 7,649 last year […]

Listing and Sale prices decreasing

This report below, was posted to the Cromford Report website today July 7th 2022. Big news as the market has come to a complete halt and prices turned the corner in some price points. July 7 – The affidavits from Maricopa County Recorded that were filed in June have now been counted and collated and we […]

Arizona Real Estate Market Update May 24th

Thanks for reading my blog on the updated market report for the Phoenix Metro area, a lot has changed in the last few months with higher interest rates, 25% + in inventory, affordability, and more. Prices will continue to rise in this environment but you will see in the coming months that you have more […]