The inventory of homes for sale in the Greater Phoenix Valley is paralleling a similarly reduced demand, resulting in a static resale market. Not really surprising considering the beginning of the new school year. If history is a predictor, the real estate market will pick up briefly before the holidays and resume ‘normal’ activity sometime… Read More
First-Time Buyers are finding prices for starter-homes rising all over the country but mortgage interest rates are lower than ever, which in some cases, could even the score… maybe not for long. Interest rates on home loans have been low for quite some time now but with the shake-up in the European Union, US financial… Read More
Housing market stability is always great news for Realtors, Appraisers and Banks, but the best news is for homeowners. What this really means to homeowners is that the equity you have in your home is growing. Investors are finding that the balance in our Real Estate Market is supporting the logic of investing again. The… Read More
In both Gilbert and Chandler, Real Estate market activity for the past week is nearly a photocopy of average conditions for the 90 days since the beginning of 2016. Check the graphs for median price, price per square foot, inventory and days on market. Complete Gilbert Real Estate Market Update Report can be found here…. Read More
In many ways, today’s shifting housing market resembles the real estate climate of the 1980’s, according to Freddie Mac. The company’s November Insight & Outlook report examines the changes in mortgage servicing, discusses some of the factors that produced them since the housing crisis, and looks at the highly influential role the 55+ age cohort… Read More
Among the nation’s top 300 markets, a total of 170 or 57 percent have now achieved full price recovery, according to Homes.com®’s September 2015 Local Market Index, a price performance summary of repeat sales in the top 100 markets, and the companion Midsize Markets Report for the next 200 largest markets. By September, 53 out… Read More
I know there are a lot of surveys and comparisons out there, and we are all aware that information is often manipulated. Having said that, I’m thinking it can’t be a mistake that several Arizona cities keep popping up on the positive side of so many studies. And here we are again! Gilbert, Chandler, and… Read More
