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Author: cpatrickaz

Housing Market Trends

March Housing Market Update

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Market Summary for the Beginning of March As we enter the last month the first quarter and enter the Spring selling season, here’s the housing market update for the month of March.   Here are the basics – the ARMLS numbers for March 1, 2024 compared with March 1, 2023 for all areas & types: While … Continued

January 2024 Housing Market Update.

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Happy New Year! As we step into the real estate arena of 2024, we’re thrilled to present our first Housing Market Update of the year. Whether you’re a seasoned investor, a prospective buyer, or simply intrigued by the dynamics of the housing market, this update is crafted just for you. In this edition, we’ll be … Continued

Under Contract in Sun City West

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We just got our client an amazing deal on this Sun City West property, and we secured it under the asking price! If you’re thinking of starting your home search, please reach out to us today!   Check out this property! Move in ready 55 and up with a beautiful, enclosed patio and large but easy … Continued

We Start 2024 with Low Inventory!

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We are starting 2024 with one of the lowest counts of listings under contract we have ever recorded for the start of any year (5,127). We measured 5,456 last year and 9,393 in 2022. We have to go back all the way to the dark days of 2008 to find a lower count (3,468). 2007 … Continued

2024 Seller Strategies for a Buyer’s Market.

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How will you stay competitive when the market shifts more towards buyers?  As we enter the New Year of 2024, what can we expect from the housing market? It’s hard to say this soon into the year, but if housing inventory rises, it’s good to have a plan! Here’s a strategy if this year turns … Continued

Phoenix Rental Market Update

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This is based on comparing the monthly cost of renting versus the monthly cost of a typical mortgage. The shift has been dramatic, because rents have gone down in real terms (relative to the value of the dollar), while home prices and interest rates have both risen much faster than inflation. This is a key … Continued

4 Things You Need to Expect When Selling With an Agent

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Are you working with a local Phoenix, Arizona agent to sell your house? Or maybe you’re thinking about it? If so, we’ve collected the top 4 things you need to expect when selling with an agent — to help you navigate this process easily! There are many ways to sell your house and many people … Continued